Pipelines, energy and natural resources

[Czech_pivo]

It's not a pipeline but in some ways is nicer due to the ability to pivot end destinations faster. Another 45,000 barrel capacity announced today.

Keyera, AltaGas and CN to go ahead with new rail terminal project

Keyera Corp., AltaGas Ltd. and Canadian National Railway Co. have announced a plan to go ahead with a new $240-million rail terminal project.

www.bnnbloomberg.ca

I've owned Keyera for about the last 5-6yrs now, what a great investment its been.

 

[YZT580]

I've owned Keyera for about the last 5-6yrs now, what a great investment its been.

Are they talking in the liquified state? Every thing I read has output in the cubic meters not in barrels> That would seem to be about one large tanker per day. Does Keyera own that level of delivery at the harbour or does this mean another loading facility will be built somewhere?

 

[Czech_pivo]

Are they talking in the liquified state? Every thing I read has output in the cubic meters not in barrels> That would seem to be about one large tanker per day. Does Keyera own that level of delivery at the harbour or does this mean another loading facility will be built somewhere?

I truly don't have a clue to be honest, but anytime we can export more products to others beyond our shores is a 'win' in my books.

 

[foresterab]

Are they talking in the liquified state? Every thing I read has output in the cubic meters not in barrels> That would seem to be about one large tanker per day. Does Keyera own that level of delivery at the harbour or does this mean another loading facility will be built somewhere?

This would be liquified tank cars. Not sure if this would be delivery to Prince Rupert or Vancouver. But could also go via US ports if required. Or move east as it's rail networks which means a certain amount of adjustment as needed.

It's also a more targeted product flow than Natural Gas (propane and butane products were in the article) which means they're focused on some of the higher value products from Natural Gas wells.

And just to make it more confusing oil tends to be reported in barrels but gas products they use cubic feet (US), cubic meters (Canada), or thermal units (Europe. 1 barrel ~ 6,000 cubic feet or 170 m3 or ~ 6 gigajoules of energy/5.7 million British thermal units.

 

[HavokFour]

Carney lays out pipeline conditions as Eby flags negotiations on B.C.’s priorities

Prime Minister Mark Carney has laid out prerequisites for a possible new oil pipeline from Alberta to the British Columbia coast after B.C. Premier David Eby warned the project would reward separatist behaviour.

www.ctvnews.ca

PMMC is sending signals Eby should probably opt for carrot, and get on board so projects they want can get moving too.

But Carney said that while Ottawa will “adjust to what people want” based on discussions similar to the one with Eby, it is essential that a resolution is found in a timely manner on topics such as the pipeline and others.

“Look, we’re the federal government,” he told the board of trade. “It’s a big country. There’s lots of things going on. Life’s about time management.

“But if things get stalled here, we’re going to be spending more time elsewhere in the country because we need to move forward. We need to invest at scale in the country.”

CBC coverage of the same.

Carney says the world is facing an 'energy crisis' and Canada must help solve it​

 

[Colin Parkinson]

Are they talking in the liquified state? Every thing I read has output in the cubic meters not in barrels> That would seem to be about one large tanker per day. Does Keyera own that level of delivery at the harbour or does this mean another loading facility will be built somewhere?

It's brought in by rail, I did the approvals for the terminal on Watson Island

 

[ArmyRick]

Former Liberal MP dropping some opinions that are worth listening to

 

[Czech_pivo]

I know it’s ‘words’ right now and not ‘deeds’ but the mere fact that he uttered that phase is refreshing. The last tentant at Rideau Cottage never said anything like that.

 

[MilEME09]

pretty easy conditions, nothing about BC or FN agreement in these conditions, just consultation and economic benefit

https://twitter.com/x/status/2057131765320307111

 

[Czech_pivo]

pretty easy conditions, nothing about BC or FN agreement in these conditions, just consultation and economic benefit

https://twitter.com/x/status/2057131765320307111

Economic benefit can easily be 5% ownership with a constant quarterly dividend payment, along with some training and employment.

 

[YZT580]

Economic benefit can easily be 5% ownership with a constant quarterly dividend payment, along with some training and employment.

I would emphasize the employment and training. The money is useless if all you can do is sit on the front porch and drink the beer it provides. Nothing better for the self-esteem than coming home at 6:00 completely bushed from your own efforts

 

[Czech_pivo]

I would emphasize the employment and training. The money is useless if all you can do is sit on the front porch and drink the beer it provides. Nothing better for the self-esteem than coming home at 6:00 completely bushed from your own efforts

100% true.
Sadly the training and employment angle tends to get less glamour than the bling bling side of things.

I fully support the approach of ‘teach a person to fish and they’ll never go hungry’ vs ‘give a person a fish and they’ll eat for a day.’

 

[Halifax Tar]

I know it’s ‘words’ right now and not ‘deeds’ but the mere fact that he uttered that phase is refreshing. The last tentant at Rideau Cottage never said anything like that.

Your expectations are way too low.

 

[Fishbone Jones]

Am I wrong in thinking that the need to consult is just that? Just consult? No votes, no contracts (unless agreed by all parties)?

 

[MilEME09]

Bold statement from the PM, if BC wants to stand in the way, the feds will take investment else where.

https://www.cbc.ca/news/politics/carney-touts-energy-bc-meeting-premier-david-eby-9.7206113

 

[Kirkhill]

And concurrently

Bank Activist Group Shuts Down, Cites Limits of Climate Push

A shareholder activist group in Canada is shutting down after concluding that investor pressure alone isn’t enough to meaningfully influence financial and energy fi…

financialpost.com

Another environmental pressure group falls by the wayside as the UN scientists back away from their most extreme predictions

https://www.washingtonpost.com/climate-environment/2026/05/19/un-climate-panel-says-rcp-85-worst-case-scenario-is-implausible/

But this hasn't stopped the UN's political class, backed by their courts, from offering a different opinion.

UN General Assembly backs "climate obligations" set by world's top court

The passing of a UN resolution led by Pacific islands reaffirms a landmark climate ruling by the International Court of Justice calling on states to reduce fossil fuels and repair the damage from global warming

www.climatechangenews.com

Another relevancy issue for an organization that has lost the trust of its primary financial backer and creator.

 

[SeaKingTacco]

Am I wrong in thinking that the need to consult is just that? Just consult? No votes, no contracts (unless agreed by all parties)?

That is the way it is supposed to be. Some view it as a complete veto.

 

[OldSolduer]

Climate activism is teetering on the brink

 

[YZT580]

Bold statement from the PM, if BC wants to stand in the way, the feds will take investment else where.

https://www.cbc.ca/news/politics/carney-touts-energy-bc-meeting-premier-david-eby-9.7206113

Except he is adamant re: large tankers servicing a northern pipeline. Without the normal rant, is there a feasible way to circumvent the constraints for a northern route or does it appear that he is backing a duplication of the Transmountain

 

[MilEME09]

Except he is adamant re: large tankers servicing a northern pipeline. Without the normal rant, is there a feasible way to circumvent the constraints for a northern route or does it appear that he is backing a duplication of the Transmountain

Carney and the environment minister can and the stroke of a pen issue exemptions to the tanker ban. No vote in parliment needed, no law changes needed, they can just do it. They can then get around the province by doing a federal environmental review to by pass the province via the one review law. So then so long as they do proper consultations with FN. BC can smoke it