Black Swan Energy Ltd. has officially opened its Nig Creek Gas Processing Facility located in northeast British Columbia. The company hosted a celebration at the plant which was attended by the Chief of the Blueberry River First Nations, Marvin Yahey, Mayor of Fort St. John and 2019 Canadian Energy Person of the Year, Lori Ackerman and Liberal MLA for Peace River North, Dan Davies. Following a tour of the state-of-the-art facility Elder May Apsassin offered a blessing, which highlighted the importance of actively engaging with our First Nations partners.
CNGVA applauds government's support for Natural Gas vehicle deployment with new funding commitments for infrastructure and innovation
The 2016 federal budget, announced March 22, outlines an ambitious agenda aimed at transforming Canada's economy. Focused on delivering key commitments from the fall election, the Canadian Natural Gas Vehicle Alliance (CNGVA) is pleased to see there are a number of opportunities for Canada's natural gas vehicle sector.
"Canada's medium and heavy duty vehicle sector will continue to move toward low cost transportation and emissions reductions with the government's $62.5 million pledge to fund electric and alternative fuel infrastructure along with various other infrastructure commitments in Budget 2016" – said CNGVA Executive Director, Bruce Winchester.
$11.9 billion over five years, starting immediately. Budget 2016 puts this plan into action with $3.4 billion over three years to upgrade and improve public transit systems across Canada. In this envelope are opportunities for supporting the deployment of natural gas powered transit buses along with municipal natural gas fueling infrastructure.
In supporting municipalities' front-line efforts, the Government has announced $75 million in new funding for local governments to address climate change to be delivered by the Federation of Canadian Municipalities. This investment will support municipality-led projects to identify and implement greenhouse gas reduction opportunities.
The budget promises $1 billion over four years to support clean technology, including in the forestry, fisheries, mining, energy and agriculture sectors to be delivered as part of a forthcoming innovation agenda. Budget 2016 proposes to provide over $130 million over five years, starting in 2016-17, to support clean technology research, development and demonstration activities:
- $50 million over four years, starting in 2017–18, to Sustainable Development Technology Canada (SDTC) for the SD Tech Fund.
- $82.5 million over two years, starting in 2016–17, to Natural Resources Canada (NRCan) to support research, development and demonstration of clean energy technologies. These resources will accelerate the innovation required to bring clean energy technologies closer to commercialization, reducing the environmental impacts of energy production and creating clean jobs.
Support for alternative fuels and clean transportation
Budget 2016 proposes to provide $56.9 million over two years, starting in 2016-17, to Transport Canada and Environment and Climate Change Canada to support the transition to a cleaner transportation sector, including through the development of regulations and standards for clean transportation technology. Funding will also support Canada's continued participation in the development of international emissions standards for emissions from the international aviation, marine and rail sectors, including through the International Maritime Organization and the International Civil Aviation Organization.
The Canadian Natural Gas Vehicle Alliance advocates on behalf of Canada's natural gas vehicle industry. Natural gas vehicle technologies provide proven, commercially available transportation solutions that reduce emissions while using lower cost fuel. Our members are leading Canadian companies involved in research, manufacturing, fuel and infrastructure supply, vehicle conversion technology and installation, consulting, and international project management. Our mission is to promote the sustainable growth of natural gas vehicles, refueling infrastructure, and renewable gaseous fuels for the benefit of Canada's economy and environment.
The Budget has identified the need to support ferry operations and will support environmental performance through fleet renewal. To support ferry operators' plans to renew their aging fleet, Budget 2016 proposes to waive the 25 per cent tariff on ferry imports after October 1, 2015. This will provide an estimated $118 million in savings over six years.
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Greenfield Global Inc., Canada's largest ethanol producer and a world leader in high-purity specialty alcohols, welcomed the Government of Quebec's pre-publication of draft regulations on the minimum volume of renewable fuel in gasoline and diesel fuel. Announced this week, the government's proposal would set blending thresholds of 10% renewable fuel in gasoline and 2% in diesel fuel by 2021 and increase the thresholds to 15% in gasoline and 4% in diesel fuel, respectively, by 2025.
Enerkem Inc., the world-leading waste-to-biofuels and chemicals producer, has announced the closing of a $50 million equity investment from Suncor. As Canada's leading integrated energy company, Suncor first participated in the ownership of Enerkem in April 2019 as part of a $76.3 million equity financing alongside Enerkem's existing shareholders. With this new investment, Suncor becomes a significant, strategic shareholder of Enerkem.
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CAS DataLoggers provided a unique gas monitoring and temperature monitoring solution for an international chemical company, where health and safety was an important consideration. Harmful gas detection was placed high on the list of priorities: hydrochloric acid gas was produced when a standard chemical made by the company leaked to the atmosphere as fumes, while chlorine was used as a raw material at the plant. Therefore, it was necessary to monitor and record both hydrochloric acid gas levels (HCL) and chlorine (CH2) levels.
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Honeywell announced that Ceyhan Polipropilen Üretim A.Ş. will use Honeywell UOP's C3 Oleflex technology to produce 457,000 metric tons per year of polymer-grade propylene for a new petrochemicals complex in Ceyhan, Turkey. Ceyhan Polipropilen Uretim is a joint venture of Rönesans Holding and the Algerian national energy company Sonatrach S.p.A. The new unit will be used to supply propylene for production of polypropylene, which is used to make a wide variety of plastic products that are growing in demand globally.
Baker Hughes, a GE company announced that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. The international offshore rig count for September 2019 was 242, down 2 from the 244 counted in August 2019, and up 38 from the 204 counted in September 2018.
Baker Hughes Rig Count: U.S. -5 to 855 rigs
Husky Energy has reached an agreement for the sale of its Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash plus a closing adjustment for inventory, and a contingent payment of up to $60 million over two years.
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