Industry Newsfeed

New Rules Target Tailings Ponds

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Courtesy of Alberta Energy Regulator. View original article here. New requirements issued by the Alberta Energy Regulator target oil sands tailings ponds, requiring performance reporting and ensuring progressive reclamation. The phased approach in the newly issued Directive 085: Fluid Tailings Management for Oil Sands Mining Projects supports the Government of Alberta’s Tailings Management Framework. “These new requirements will… [Read More…] about New Rules Target Tailings Ponds

Northern Gateway Project Approval Quashed Due to Inadequate Consultation

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Courtesy of Blakes. View original article here. In its recent decision in Gitxaala Nation v. Canada, the Federal Court of Appeal (Court) quashed federal approval of the proposed Northern Gateway Project (Project). The Court held that although interested parties had ample opportunity to participate in the Joint Review Panel assessment process, the Government of Canada failed to… [Read More…] about Northern Gateway Project Approval Quashed Due to Inadequate Consultation

Alberta’s Energy Regulator Imposes Further Restrictions on Embattled Energy Industry in Response to Redwater

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Courtesy of Osler. View original article here.  One month after the May 19, 2016 Alberta Court of Queen’s Bench’s decision in Redwater Energy Corporation (Re), 2016 ABQB 278 (“Redwater”), the Alberta Energy Regulator (“AER”) has released Bulletin 2016-16 (the “Bulletin”). The AER (and Orphan Well Association) have appealed the Redwater decision to the Alberta Court of Appeal, where it… [Read More…] about Alberta’s Energy Regulator Imposes Further Restrictions on Embattled Energy Industry in Response to Redwater

AER Bulletin 2016-16: A Chilling Announcement on the First Day of Summer

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Courtesy of BD&P. View original article here. In a fundamental shift in the landscape for oil and gas transactions, on June 20, 2016 the AER quietly published AER Bulletin 2016-16 in response to the decision of the Alberta Queen’s Bench in the Redwater decision (Redwater Energy Corporation (Re), 2016 ABQB 278). Asserting the need for… [Read More…] about AER Bulletin 2016-16: A Chilling Announcement on the First Day of Summer

Alberta Energy Regulator Releases New Requirements in Wake of Redwater Decision

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Courtesy of Bennett Jones. View original article here. Industry and the public may face significantly higher costs as a result of the much anticipated decision of the Alberta Court of Queen’s Bench in Redwater Energy Corporation (Re), 2016 ABQB 278, issued on May 19, 2016. The Court held that trustees and receivers of insolvent companies can disclaim… [Read More…] about Alberta Energy Regulator Releases New Requirements in Wake of Redwater Decision

New Regulations Intended to Encourage Consolidation

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Courtesy of Borden, Ladner and Gervais. View original article here. The Ministry of Finance (“MOF”) published two regulations on April 25, 2016, implementing the changes described in the April 2015 Ontario Budget. The new regulations are intended to encourage the consolidation of the LDC sector by reducing, and in some cases eliminating significant tax barriers… [Read More…] about New Regulations Intended to Encourage Consolidation

Alberta’s Carbon Tax – Bill 20: The Climate Leadership Implementation Act

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Courtesy of Osler. View original article here. Introduction On May 24, 2016, Alberta’s Environment and Parks Minister Shannon Phillips introduced Bill 20: the Climate Leadership Implementation Act, which implements the carbon levy on Albertans and Alberta businesses that the government previously announced under its Climate Change Leadership Plan. Bill 20 includes two new acts, the Climate Leadership Implementation… [Read More…] about Alberta’s Carbon Tax – Bill 20: The Climate Leadership Implementation Act

AER appeals Court of Queen’s Bench Redwater Decision

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Courtesy of Alberta Energy Regulator. View original article here. The Alberta Energy Regulator (AER) has commenced an appeal of the May 19, 2016 Alberta Court of Queen’s Bench decision in the matter of Redwater Energy Corp. The decision allows receivers and trustees to disclaim AER licensed assets as a means of avoiding abandonment and reclamation… [Read More…] about AER appeals Court of Queen’s Bench Redwater Decision

Implications of the Redwater Decision – Where Does the Buck Stop?

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Courtesy of Osler. View original article here. Introduction On May 17, 2016, the Alberta Court of Queen’s Bench released its eagerly awaited decision in Redwater Energy Corporation (Re), 2016 ABQB 278 regarding the intersection between the provincial oil and gas regulations and the federal bankruptcy and insolvency regime. At issue was whether the provincial regulatory regime… [Read More…] about Implications of the Redwater Decision – Where Does the Buck Stop?

AESO Updates Stakeholders on Alberta’s Renewable Electricity Program

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Courtesy of Borden, Ladner and Gervais. View original article here. On March 3, 2016, the Alberta Electric System Operator (AESO) released a questionnaire seeking input into the design of Alberta’s Renewable Electricity Program (REP). The AESO received 138 responses to that questionnaire, and last week it updated the market on what it heard from developers,… [Read More…] about AESO Updates Stakeholders on Alberta’s Renewable Electricity Program