Energy & Resources - Industry News | The Canadian Institute

Canada Oil & Gas Report Q1 2014: New research report available at Fast Market Research, posted on USPRWire

Increasingly challenging economics could slow the growth of oil-sands driven production, although we note that liquids-rich shales could be the new engine of liquid output growth. Exploration in the country’s offshore acreage and unconventional resources could unearth more oil and gas reserves to support the country’s long-term growth prospects. The outlook for Canada’s oil and gas industry is still a positive one, though its upstream potential needs more support from the community and the government for infrastructure development. [Read More…]

The BC LNG sector remained active through 2013: end-of-year update by Joshua C. Walters and Michael Weber, posted on Lexology

British Columbia’s emerging liquefied natural gas (LNG) sector remained active throughout the second half of 2013. Governments and proponents negotiated agreements and projects advanced through various regulatory processes. Given continued interest in BC’s new industry, we prepared the following end-of-year update that summarizes notable LNG sector activity. [Read More…]

Industry, government say existing rules keep school kids safe from sour gas by Gordon Hoekstra, posted on the Vancouver Sun

The natural gas industry says no changes are needed to keep schoolchildren safe from toxic sour gas because B.C.’s existing regulations are sufficient. Industry was reacting to a report released Thursday by the University of Victoria’s Environmental Law Centre, which found that more than 1,900 children at nine schools in northeast British Columbia are at risk from toxic sour gas either already drilled or planned for the province’s liquefied natural gas push. [Read More…]

Dallas effectively bans fracking within city limits by Andrew Nikiforuk, posted on The Tyee

Dallas, the technical and financial centre for Texas’s oil industry, has effectively banned hydraulic fracturing within that city’s limits. City council voted nine-six yesterday to impose 1,500-foot setbacks from well sites. Previous regulations required only a 300-foot setback. The new rule is one of the most restrictive ordinances on natural gas drilling in the United States. The required setback in nearby Fort Worth, for example, is 600 feet. In contrast, British Columbia has less stringent setback rules. [Read More…]