Mackenzie Gas Project / Alaska Highway pipelines [NWT/AK] is a category for articles and stories relating to the proposed Mackenzie Gas Pipeline from the Beaufort Sea to Alberta, or the Alaska Highway pipeline from Alaska's North Slope through Yukon to BC and then Alberta. The MGP would be 1220 km's long and take the largest untapped gas reserve (outside of the Sverdrup Basin in Nunavut) on the planet to the tarsands. The project has been resisted valiantly by many Dene and Inuvialuit peoples, communities and nations along with environmentalist allies throughout the Valley and across the North for over 30 years. Recently the MGP was re-estimated at $16.2 billion to construct. When first conceived, it was the largest proposed industrial project in the history of Canada. Now, it is a mere feeder of energy needs for the colossal "gigaproject" known as the tarsands.
The Alaskan Highway Pipeline would be 2700 km's long and bring natural gas from northern Alaska to northwestern Alberta, cutting across Yukon and BC. Recently, projections from the industry of a north-central corridor pipeline across Alberta have been released, making this mega project connected directly to the tarpit production plants. There are varying projections of capacity, but multiple millions of cubic feet per day of natural gas are all set to go right into the Albertan grid. This would be one of the longest pipeline projects in history, cutting through many "protected areas" across northern Turtle Island.
TransCanada to issue shares to raise money to pay down debt
Argus Leader
November 24, 2008
TransCanada has announced that it will issue 30.5 million shares of common stock to raise about 41 billion Canadian, or $809 million America, to pay down short-term debt and fund its Keystone Pipeline projects.
TransCanada entered into an agreement with a syndicate of underwriters to buy shares from the company at $33 Canadian and sell them to the public in Canada and the U.S.
Mackenzie pipeline stakeholders ''disappointed'' at environmental review delay (Mackenzie-Delay)
CALGARY _ A panel examining the Mackenzie Valley natural gas pipeline project said Friday it will take another year to complete its long-awaited review in the latest setback for the multibillion-dollar plan that originally hoped to have gas flowing in 2009.
Enbridge brings experts to Burns Lake to inform locals
Published: November 25, 2008 11:00 PM
Enbridge held an open house on Nov. 17 at College of New Caledonia (CNC) as part of its efforts to let the public know what is going on with its Northern Gateway pipeline project.
Several dozen people attended the open house, which was held from 4:00 pm to 8:00 pm to allow people flexibility in attending the information session, and a dozen Northern Gateway engineers, environmental experts, and communications people were on hand to answer people’s questions.
http://www.radio4all.net:8080/files/redeye@coopradio.org/91-1-shutting_d...
Program Podcast: Redeye - Co-op Radio: Shutting down the tar sands
Podcast for Program: Shutting down the tar sands
In series: Redeye - Co-op Radio
The Alberta tar sands cover a vast area of huge open pits and tailings ponds.
The environmental consequences are enormous and make a mockery of
any Canadian attempt to reduce carbon emissions under the Kyoto
Protocol. Petr Cizek is a land use planner and author. He says that a
Risk-free pipeline projects make sense
Deborah Yedlin, Calgary Herald
Published: Tuesday, November 25, 2008
In the midst of the market mayhem, something surprising happened last week; two Calgary-based pipeline companies raised almost $2 billion from the debt and equity markets.
First out of the blocks was TransCanada Pipelines, tapping the public equity markets for a total take of $1 billion priced at $33 per share. The shares closed Monday at $32.22, up 27 cents.
Arctic Energy Resources Will Be Needed
by Floyd Roland
Published November 6 2008
Canadians right now are concerned about the economy. As our largest trading partner faces the prospect of recession, businesses and individuals in Canada are worried about what that will mean for us. The outcome of the U.S. presidential election and its consequences are also on the minds of many Canadians. And the ongoing turmoil in world financial markets has reminded us just how inter-related global affairs have become.
CALGARY, Alberta, Oct 30 (Reuters) - Imperial Oil Ltd's (IMO.TO: Quote, Profile, Research, Stock Buzz) third-quarter profit surged 70 percent as crude prices hit records before the world financial crisis led to a steep drop, Canada's largest oil producer and refiner said on Thursday.
Imperial, which is majority owned by U.S. oil major Exxon Mobil Corp (XOM.N: Quote, Profile, Research, Stock Buzz), earned a company-high C$1.4 billion ($1.1 billion), or C$1.57 a share, in the quarter, up from year-earlier C$816 million, or 88 Canadian cents a share.
Positive step forward for pipeline
Paul Bickford
Northern News Services
Published Monday, October 6, 2008
INUVIK - A major piece of the puzzle that is the Mackenzie Gas Project has fallen into place.
Access and benefits agreements have been reached between the Inuvialuit Regional Corporation and project proponents.
NNSL Photo/Graphic
Construction of the $16.2 billion Mackenzie Valley Pipeline is awaiting regulatory approval and the inking of access agreements similar to one signed by the Inuvialuit last week. - NNSL file photo
Russian Gas Executives Visit Palin’s Turf
By ANDREW E. KRAMER
Published: October 14, 2008
MOSCOW — A high-level delegation from the Russian energy company Gazprom met in Anchorage with state officials on Monday to talk about investing in Alaskan energy projects. The meeting came nearly three weeks after Gov. Sarah Palin of Alaska talked in a television interview about her expertise in energy matters and took a hard line with Russia.
Can Boeing bring a heavy-lift dirigible to the market?
October 13, 2008
With all-cargo versions of its B777 and 747-8 models already in the pipeline, Boeing is turning to a different type of cargo aircraft. In a joint venture with Canadian firm SkyHook International, the plane maker is developing a 300-foot-long dirigible that will be able to carry loads up to 40 tons over distances of up to 200 miles.
