Borden Ladner Gervais

2018 Top Ten: Regulatory Decisions of Import to the Canadian Energy Industry

Courtesy of Borden Ladner Gervais. View original article here. At the beginning of 2018, our review of the 2017 Canadian regulatory events described them as dramatic, but the 2018 saga turned out to be nothing short of a blockbuster. Pressure built up to a bubble point at the federal and provincial levels of governments, and at the National… [Read More…] about 2018 Top Ten: Regulatory Decisions of Import to the Canadian Energy Industry

2018 Top Ten: Legislative and Policy Changes in the Canadian Energy Industry

Courtesy of Borden Ladner Gervais. View original article here. 2018 saw continuing shifts and uncertainty in legislative and policy developments for the oil and gas industry.  On last year’s Top 10 list, found here, we identified several proposed changes to energy regulation across Canada.  2018 further provided us with numerous policy changes, with implications uncertain and… [Read More…] about 2018 Top Ten: Legislative and Policy Changes in the Canadian Energy Industry

Alberta Releases Curtailment Rules for Crude Oil and Crude Bitumen Production

Courtesy of Borden Ladner Gervais. View original article here. On Sunday, December 2, 2018, the Government of Alberta (“GOA”) announced that it would implement mandatory curtailment of crude oil and bitumen production in the province by 8.7 per cent per day by January 1, 2019. In a previous update, BLG analyzed the curtailment plan and possible… [Read More…] about Alberta Releases Curtailment Rules for Crude Oil and Crude Bitumen Production

​Alberta Cuts Oil Production to Raise its Discounted Crude Oil Prices

Courtesy of Borden Ladner Gervais. View original article here. The Government of Alberta (GOA) announced its mandatory curtailment of crude oil production plan on Sunday, December 2, 2018.1  The plan is a short-term measure to raise the price of Alberta’s crude oil, currently selling at a discount at $10 per barrel, in order to compete… [Read More…] about ​Alberta Cuts Oil Production to Raise its Discounted Crude Oil Prices

Gross Overriding Royalty as Interest in Land – the Clear Language Conundrum Continues

Courtesy of Borden Ladner Gervais. View original article here. In 2002 the Supreme Court of Canada, in Bank of Montreal v Dynex Petroleum Ltd, 2002 SCC 7 (Dynex) affirmed that gross overriding royalty interests (GOR) could constitute interest in land provided the parties so intended and that intention was sufficiently evidenced in an agreement. The case-by-case application of Dynex appears to… [Read More…] about Gross Overriding Royalty as Interest in Land – the Clear Language Conundrum Continues

Federal Government Announces Greenhouse Gas Pollution Pricing Legislative and Regulatory Proposals

Courtesy of Borden Ladner Gervais. View original article here. On January 15, 2018, the federal government released legislative and regulatory proposals for the proposed federal carbon pricing system, which will be implemented under the Greenhouse Gas Pollution Pricing Act (the “Proposals”). The Proposals and explanatory notes are available on the Department of Finance website in English and in French.… [Read More…] about Federal Government Announces Greenhouse Gas Pollution Pricing Legislative and Regulatory Proposals

Regulating in the Green Era: the AER Rules Land Disturbance Not Justifiable by Short-term Economic Advantage of New Pipeline

Courtesy of Borden Ladner Gervais. View original article here. In January 2017, in ABAER 001 – Bonavista Energy Corporation A Regulatory Appeal of Two Well Licences and an Application for a Pipeline Gilby Field (Bonavista case), the Alberta Energy Regulator (AER) issued the first of its decisions for 2017 confirming two horizontal gas well licenses it issued… [Read More…] about Regulating in the Green Era: the AER Rules Land Disturbance Not Justifiable by Short-term Economic Advantage of New Pipeline

Ready, Set, Go: Alberta’s Renewable Electricity Procurement Begins

Courtesy of Borden Ladner Gervais. View original article here. As promised, the Alberta Electric System Operator (AESO) kicked off what it is calling “REP Round 1” by issuing a Request for Expressions of Interest (REOI) for Round 1 of its Renewable Electricity Procurement (REP). The REOI is the first stage of a much anticipated 3… [Read More…] about Ready, Set, Go: Alberta’s Renewable Electricity Procurement Begins

Fairness Opinions – Is There a New Interoil Standard?

Courtesy of Borden Ladner Gervais. View original article here. The Supreme Court of Yukon recently issued a final order approving the plan of arrangement whereby ExxonMobil Corporation would acquire all of the outstanding shares of InterOil Corporation. This was the second attempt by InterOil to obtain court approval in connection with the arrangement with ExxonMobil, its… [Read More…] about Fairness Opinions – Is There a New Interoil Standard?

The Fair Hydro Plan: “The Times They Are A Changing”…Again

Courtesy of Borden Ladner Gervais. View original article here. The Ontario government’s March 2, 2017 announcement of its “Fair Hydro Plan” marks a historic shift in direction in an electricity sector that has witnessed many transformational events over the past 25 years. Historical milestones include: Premier Bob Rae’s appointment of Maurice Strong to restructure the… [Read More…] about The Fair Hydro Plan: “The Times They Are A Changing”…Again