Tags
Environmental
Industry News

Economic and Environmental Concerns Will Be Answered Through Energy East Process: TransCanada

Energy East will create 4,200 jobs in Ontario during its development and construction.
Energy East will create 4,200 jobs in Ontario during its development and construction.

While an Ontario Energy Board report on the proposed Energy East pipeline suggests it may not provide significant benefits to that province compared to its risks, the company behind the proposal remains emphatic that expansion of oil transmission through Ontario to the east coast is an important effort.

TransCanada noted that Energy East is expected to add $15 billion to the Ontario economy, create thousands of jobs in the province and contribute $50 million in property taxes yearly to local municipalities.

““Energy East represents the safest and least GHG-intensive way of moving Canadian oil to Canadian refineries,” said François Poirier, President of Energy East Pipeline.

The OEB released a study entitled "Giving Ontarians a Voice on Energy East,” in which the organization found that “After the most comprehensive consultation it has ever undertaken, the OEB has determined that there is an imbalance between the economic and environmental risks of the Project, and the expected benefits for Ontarians.”

Concerns were raised regarding potential issues with environmental damage, and the economic benefits were called into question by the independent regulator.

“The primary concerns of Ontarians are about pipeline safety, and the impact of Energy East on their lakes, rivers and drinking water in the event of a spill,” says Rosemarie Leclair, Chair and CEO of the OEB. “We cannot state that the project meets the highest available technical standards, as the proponent, TransCanada Pipelines Ltd, has not yet filed a complete application. Our review has also determined that the economic benefits for the province are likely to be modest.”

The report made a number of recommendations to lessen the environmental impact of the project, and recommends that TransCanada ensure communities near Energy East have an ongoing role in the operation and construction of the proposed pipeline. “Community engagement should be seen as another aspect of the lifecycle approach for operating Energy East,” says Leclair. “We also believe that treaty and Aboriginal rights must be respected.”

In a press release, TransCanada stated that the project is in the early stages of the design and regulatory process set out by the National Energy Board and will continue to be refined through technical studies and public consultation.

Economically, the company has already begun investing in Ontario and other locations and expects to continue throughout the project.

“A report released by the Conference Board of Canada late last year reveals that Energy East will add $15 billion to Ontario’s economy, create 4,200 jobs in Ontario during construction and contribute $50 million in property taxes each year to Ontario municipalities. Currently, the Energy East project has already spent more than $30 million with local suppliers and partners,” the company stated.

The pipeline would displace the 600,000 barrels of oil per day being imported into Eastern Canada, TransCanada states.

With regards to community engagement, the release states that TransCanada has hosted open houses attended by more than 3,000 local residents while also holding nearly 800 meetings with First Nations communities.

“In response to community and stakeholder feedback, TransCanada announced in April that it is accelerating the development and roll out of emergency response plans with local agencies along the Energy East pipeline route and has already held approximately 20 emergency response meetings with local officials to begin program planning,” according to TransCanada. “As a result, the Energy East project will submit prepared plans to the NEB much earlier than the regulatory process requires.

Company Info

Related News

Tags
Industry News

Public comment period begins for Frontier oil sands project

The Joint Review Panel reviewing the proposed Frontier Oil Sands Mine Project is seeking public comments on the Environmental Impact Assessment (EIA), the project applications under the Oil Sands Conservation Act, Environmental Protection and Enhancement Act, and Water Act, and on additional information submitted by the proponent, Teck Resources Ltd.

Read More

Saturn Minerals Inc. acquires 158 sections of oil & gas exploration permits

Saturn Minerals Inc. has successfully acquired 158 sections (41,000 hectares / 410 sq.km) of Oil & Gas Special Exploration Permits. The acquisition of these additional permit areas are the result of a technical evaluation of drilling programs carried out on the Bannock Creek property which have confirmed Saturn’s exploration model of Ordovician Red River source rock with large structural traps north of the Potash Restriction Zone, in the “Oil Triangle”. These permits fall within a geographic zone situated between the towns of Humboldt, Kamsack and Hudson Bay.

Read More

Sherwin-Williams launches YouTube channel for protective and marine coatings

The Sherwin-Williams Protective & Marine Coatings YouTube channel will feature regular updates with new videos related to the company and its customers.

Sherwin-Williams Protective & Marine Coatings has launched a YouTube channel to share helpful videos covering company product and service offerings. The channel expands the division’s social media presence and offers a new way to share how Sherwin-Williams helps protect assets around the globe.

Read More

Government of Canada moving forward with environmental assessment review

Minister of Environment and Climate Change, Catherine McKenna, meets with members of the Expert Panel who will be reviewing environmental assessment processes. (CNW Group/Canadian Environmental Assessment Agency)

The Government of Canada took the next step to deliver on its commitment to review and restore confidence in Canada's environmental and regulatory processes. This is essential to ensure that decisions on major projects are based on science, facts, and evidence, including traditional knowledge of Indigenous Peoples.

Read More

CEA to launch national pipeline campaign to educate consumers on how U.S. energy infrastructure ensures stable energy prices

Consumer Energy Alliance (CEA), a national consumer advocacy organization that represents consumers, manufacturers, agriculture, energy, renewables and other industries, has launched a national campaign, “Pipelines for America,” focused on educating consumers about the increasing importance of U.S. energy infrastructure – and how more is needed to keep consumer energy prices stable and better protect the environment.

Read More

New technology has potential to significantly cut GHG emissions

Fractal Systems Inc. has announced that ClimateCHECK, a leading Canadian environmental consulting firm, has completed a wells-to-refinery greenhouse gas (GHG) assessment of the potential GHG emission reductions associated with SAGD dilbit when employing Fractal's Enhanced JetShear technology, one of the technologies under its innovative JetShear technology platform. Based on the findings of the assessment, it is estimated that significant GHG reduction could be achieved by oil sands producers utilizing Enhanced JetShear in their operations, which can also improve the sustainability of their projects.

Read More

Improve metal machining productivity with new long-life cutting fluid

 Coolcut S-50 soluble cutting fluid.

New Coolcut S-50 soluble cutting fluid from Walter Surface Technologies will improve the life of cutting tools and reduce heat buildup and friction on work pieces, even in tougher applications and on hard-to-machine metals. “Special EP additives in the liquid will provide extra lubricity in order to cut materials such as high tensile steel and stainless steel, and titanium, as well as other metals like aluminium and copper alloys,” says Olga Ivanysenko, Associate Product Manager, Environmental Solutions, at Walter Surface Technologies. “The fluid forms a very stable emulsion and will increase feed, cutting speed and production, so manufacturing shops can perform more cuts, faster, all while ensuring better tool life and smooth operation, without having to change liquid.”

Read More

Inter Pipeline to acquire Williams' Canadian NGL midstream business

Inter Pipeline Ltd. has entered into an agreement to acquire the shares of The Williams Companies Inc.’s and Williams Partners L.P.'s Canadian natural gas liquids (NGL) midstream businesses for cash consideration of $1.35 billion, subject to closing adjustments. The transaction is expected to close in the third quarter of 2016 and is subject to approval under the Competition Act and other customary closing conditions.

Read More

Clean extraction technology reaches 100,000-barrel milestone

Nsolv’s pilot project in Fort McKay, Alberta, seen here, has produced its 100,000th barrel of oil using solvent-based heavy oil extraction technology. (CNW Group/Nsolv)

The Nsolv Corporation (Nsolv) clean technology pilot project in Fort McKay, Alberta has now produced over 100,000 barrels of partially upgraded, transportable heavy oil, the company reports. The pilot project launched in 2014 in order to demonstrate the company's solvent-based heavy oil extraction technology at field-scale.

Read More

Irving Oil to acquire Irish refinery

Canadian-owned Irving Oil has reached an agreement with Houston-based energy, manufacturing and logistics company, Phillips 66, to acquire its Whitegate refinery located near Cork, Ireland. The Whitegate facility is Ireland's sole refinery, processing up to 75,000 barrels of crude oil per day and producing transportation and heating fuels such as gasoline, diesel and kerosene. Built in 1959, it has a workforce of 160 employees as well as many contract personnel.

Read More

Enbridge enters agreement on Bakken pipeline system

Enbridge Energy Partners, L.P. and Enbridge Inc., announced that EEP and Marathon Petroleum Corporation have formed a new joint venture, which in turn has entered into an agreement to acquire a 49 percent equity interest in the holding company that owns 75 percent of the Bakken Pipeline System from an affiliate of Energy Transfer Partners, L.P. and Sunoco Logistics Partners L.P. Under this arrangement, EEP and Marathon Petroleum would indirectly hold 75 percent and 25 percent, respectively, of the joint venture's 49 percent interest in the holding company of Bakken Pipeline. The purchase price of EEP's effective 27.6 percent interest in the System is US$1.5 billion. Closing of the transaction is subject to certain conditions, and is expected to occur in the third quarter of 2016.

Read More