Pipelines In Canada
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Pipelines In Canada
Pipelines in Canada are important components of energy infrastructure in Canada as the majority of natural gas and oil deposits are located in landlocked Alberta and need to be transported to ports or terminals to access larger markets. Professional associations The Canadian Energy Pipeline Association (CEPA), whose 2019 members included Alliance Pipeline (natural gas), ATCO Pipelines (natural gas), Enbridge, Inter Pipeline, Pembina Pipeline (oil and natural gas), Plains All American Pipeline known also as Plains Midstream Canada, TC Energy (oil and natural gas), TransGas's TransGas Pipelines, Trans Mountain pipeline, Trans Northern Pipelines, and Calgary-based Calgary-based Wolf Midstream Inc.'s pipeline, was formed in 1993. CEPA members transporting most of the natural gas and crude oil from Canada to other North American markets. Since 2015, Chris Bloomer, a geoscientist, who had formerly served in executive positions at Shell Canada, Connacher Oil and Gas, and Petrob ...
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Pipeline Transport
Pipeline transport is the long-distance transportation of a liquid or gas through a system of pipes—a pipeline—typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countries of the world. The United States had 65%, Russia had 8%, and Canada had 3%, thus 76% of all pipeline were in these three countries. ''Pipeline and Gas Journals worldwide survey figures indicate that of pipelines are planned and under construction. Of these, represent projects in the planning and design phase; reflect pipelines in various stages of construction. Liquids and gases are transported in pipelines, and any chemically stable substance can be sent through a pipeline. Pipelines exist for the transport of crude and refined petroleum, fuels – such as oil, natural gas and biofuels – and other fluids including sewage, slurry, water, beer, hot water or steam for shorter distances. Pipelines are useful for transporting water ...
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Keystone Pipeline
The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC Energy and as of 31 March 2020 the Government of Alberta. It runs from the Western Canadian Sedimentary Basin in Alberta to refineries in Illinois and Texas, and also to oil tank farms and an oil pipeline distribution center in Cushing, Oklahoma. TransCanada Keystone Pipeline GP Ltd, abbreviated here as Keystone, operates four phases of the project. In 2013, the first two phases had the capacity to deliver up to per day of oil into the Midwest refineries. Phase III has capacity to deliver up to per day to the Texas refineries. By comparison, production of petroleum in the United States averaged per day in first-half 2015, with gross exports of per day through July 2015. A proposed fourth pipeline, called Keystone XL (sometimes abbreviated KXL, with XL standing for "export limited") Pipeline, would have connected the Phase I-pipeline terminals in Hard ...
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British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, forests, lakes, mountains, inland deserts and grassy plains, and borders the province of Alberta to the east and the Yukon and Northwest Territories to the north. With an estimated population of 5.3million as of 2022, it is Canada's third-most populous province. The capital of British Columbia is Victoria and its largest city is Vancouver. Vancouver is the third-largest metropolitan area in Canada; the 2021 census recorded 2.6million people in Metro Vancouver. The first known human inhabitants of the area settled in British Columbia at least 10,000 years ago. Such groups include the Coast Salish, Tsilhqotʼin, and Haida peoples, among many others. One of the earliest British settlements in the area was Fort Victoria, established ...
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Ontario Energy Board
The Ontario Energy Board regulates natural gas and electricity utilities in the province of Ontario, Canada. This includes setting rates, and licensing all participants in the electricity sector including the Independent Electricity System Operator (IESO), generators, transmitters, distributors, wholesalers and electricity retailers, as well as natural gas marketers who sell to low volume customers. To ensure an adequate level of consumer protection in the energy markets, the Board developed codes of conduct for gas marketers and electricity retailers, and established a complaint resolution process for energy consumers. The Board also provides a broad range of information to energy consumers about electricity and natural gas in Ontario. The Board oversees the electricity market and ensures regulated gas and electricity monopoly utilities comply with Board decisions and orders. This includes conducting audits, performing compliance monitoring activities and monitoring various aspec ...
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Ministry Of Energy (Ontario)
The Ministry of Energy’s responsibility is ensuring that Ontario's electricity system functions with reliability and productivity, and promoting innovation in the energy sector. In April 2002, it was renamed the Ministry of Energy, with the newly created Ministry of Enterprise, Opportunity and Innovation taking over responsibility for its science and technology portfolio. It was integrated as the Ministry of Energy and Infrastructure between 2007 and 2010, before it was split back into the Ministry of Energy on August 18, 2010. The Minister of Energy is the Honourable Greg Rickford. In 2021, the Ministry of Energy again became a separate ministry when the Ministry of Energy, Northern Development and Mines merged with the Ministry of Natural Resources and Forestry to form the Ministry of Northern Development, Mines, Natural Resources and Forestry. Responsibilities Several agencies and crown corporations are under the Ministry: * Hydro One 1999–present; created from the breaku ...
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Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ...
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Alberta Energy Regulator
The Alberta Energy Regulator (AER) is an Alberta corporation, with its main office in Calgary, Alberta. The AER's mandate under the ''Responsible Energy Development Act'' (REDA), passed on 10 December 2012 and proclaimed on 17 June 2013, is to provide safe, efficient, orderly, and environmentally responsible development of energy resources in the province. Under the ''REDA'', the Alberta Government established the AER in December 2012 to provide a one-stop shop for regulatory approvals after industry complained about the delays and costs of red tape. The legislation combined duties of the Energy Resources Conservation Board with responsibilities of Alberta Environment and Sustainable Resource Development to create a single entity to administer the Public Lands Act, the Environmental Protection and Enhancement Act and the Water Act. The AER operates at arm's length from the Government of Alberta, under an appointed board of directors headed by Chair David Goldie. On 17 June 201 ...
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Ministry Of Energy (Alberta)
The Ministry of Energy is a Cabinet-level agency of the government of the Canadian province of Alberta responsible for coordinating policy relating to the development of mineral and energy resources. It is also responsible for assessing and collecting non-renewable resource (NRR) royalties, freehold mineral taxes, rentals, and bonuses. The Alberta Petroleum Marketing Commission, which is fully integrated with the Department of Energy within the ministry, and fully funded by the Crown, accepts delivery of the Crown's royalty share of conventional crude oil and sells it at the current market value. The current ministry was formed in 1986, but ministries with other names dealing with energy resources go back to the Ministry of Lands and Mines in 1930. The Alberta Energy and Utilities Board regulated energy resource development, pipelines, transmission lines, and investor-owned electric, water, and natural gas utilities, as well as certain municipality-owned utilities. It reporte ...
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Canadian Energy Regulator
The Canada Energy Regulator (CER) is the agency of the Government of Canada under its Natural Resources Canada portfolio, which licenses, supervises, regulates and enforces all applicable Canadian laws as regards to interprovincial and international oil, gas, and electric utilities. The agency came into being on August 28, 2019, under the provision of the Canada Energy Regulator Act of the Parliament of Canada superseding the National Energy Board from which it took over regulatory responsibilities. The CER is headquartered in Calgary, Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter .... In August 2020, Gitane De Silva was appointed as the new CEO of the Canada Energy Regulator. References {{authority control Energy in Canada Federal departments and agencies of Cana ...
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Environmental, Social And Corporate Governance
ESG (environmental, social, and corporate governance) data reflect the negative externalities (costs to others) caused by an organization with respect to the environment, to society and to corporate governance. ESG data can be used by investors to assess the material risk the organization is taking and by the organization itself as metrics for strategic and managerial purposes. Investors may also use ESG data beyond assessing material risks to the organization in their evaluation of enterprise value, specifically by designing models based on assumptions that the identification, assessment and management of sustainability-related risks and opportunities in respect to all organizational stakeholders leads to higher long-term risk-adjusted return. Organizational stakeholders include but not limited to customers, suppliers, employees, leadership, and the environment. Since 2020, there has been accelerating interest in overlaying ESG data with the Sustainable Development Goals (SDG ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Economic Impact Of The COVID-19 Pandemic
The COVID-19 pandemic has had far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash, which included the largest single-week stock market decline since the financial crisis of 2007–2008 and the impact of COVID-19 on financial markets, the 2021–2022 global supply chain crisis, the 2021–2022 inflation surge, shortages related to the COVID-19 pandemic including the 2020–present global chip shortage, panic buying, and price gouging. It led to governments providing an unprecedented amount of stimulus. The pandemic was also a factor in the 2021–2022 global energy crisis and 2022 food crises. Possible instability generated by an outbreak and associated behavioural changes could result in temporary food shortages, price spikes, and disruption to markets. Such price rises would be felt most by vulnera ...
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