Industry Newsfeed

Top 20 of 2020 – Judicial decisions

Courtesy of BLG. View original article here. Part 1 Without question, the top story over the last year has been the COVID-19 pandemic and its tremendous ongoing effects felt across Canada and the world. This time has had a significant impact on Canada’s energy industry and many of the changes and developments that took place… [Read More…] about Top 20 of 2020 – Judicial decisions

Geothermal Energy Development

Courtesy of Osler. View original article here. Geothermal energy is an important component of Canada’s transition to a low-carbon energy future. It offers numerous advantages as a renewable energy source, including an ability to provide constant, predictable baseload power year-round, with little fluctuation of power output. Additionally, geothermal power facilities typically possess a small land… [Read More…] about Geothermal Energy Development

Environmental Obligations and the Role of the Trustee in Bankruptcy

Courtesy of Osler. View original article here. On January 25, 2021, the Alberta Court of Appeal (the ABCA) released its reasons in PricewaterhouseCoopers Inc. v Perpetual Energy Inc., 2021 ABCA 16 (Perpetual Energy). While the issue before the ABCA was of a preliminary nature — namely whether the claims of the trustee in bankruptcy (the Trustee) should… [Read More…] about Environmental Obligations and the Role of the Trustee in Bankruptcy

Canada Launches Clean Electricity Procurement Process with Emphasis on Alberta Solar

Courtesy of Osler. View original article here. On January 7, 2021, the federal government, through Public Services and Procurement Canada (Procurement Canada), announced the launch of two Alberta-specific and two Canada-wide procurement processes designed to further the Government’s Clean Electricity Initiative plan to use 100% clean electricity by 2022.[1] The announcement includes the launch of: two… [Read More…] about Canada Launches Clean Electricity Procurement Process with Emphasis on Alberta Solar

Implementation of Alberta’s New Liability Framework for Oil and Gas Reclamation

Courtesy of Osler. View original article here. In July 2020, the Alberta government issued its new Liability Management Framework (the Framework), aimed at reducing the province’s inventory of orphan and inactive well sites. That inventory includes close to 97,000 inactive wells and the Orphan Well Association’s list of over 7,000 orphan sites in various stages of decommissioning,… [Read More…] about Implementation of Alberta’s New Liability Framework for Oil and Gas Reclamation

Federal Government Announces Canada’s Hydrogen Strategy

Courtesy of Osler. View original article here. Introduction On December 16, 2020, Canada’s federal government released its much-anticipated Hydrogen Strategy for Canada (the Strategy). The Strategy sets an ambitious framework to cement hydrogen as a key part of Canada’s path to net-zero carbon emissions by 2050 and make Canada a global leader in hydrogen technologies. The Strategy… [Read More…] about Federal Government Announces Canada’s Hydrogen Strategy

All That Glitters: 2020 Mining Review

Courtesy of Osler. View original article here. Despite all of the uncertainties of the global pandemic (or perhaps because of them), 2020 saw a resurgence in the mining industry. While travel restrictions and due diligence limitations made it difficult to complete large cap multi-asset transactions, a steady strengthening of commodity prices (especially gold) acted as… [Read More…] about All That Glitters: 2020 Mining Review

Oil & Gas in Canada: Update 2020

Courtesy of Stikeman Elliott. View original article here. The latest edition of Oil and Gas Activity in Canada, Stikeman Elliott’s legal guide to the oil and gas industry in Canada, is now available. Written by our Alberta-based experts, the updated 2020 guide provides information on the Canadian laws and regulations affecting the industry. The topics that are… [Read More…] about Oil & Gas in Canada: Update 2020

Alberta government Introduces Bill 36: The Geothermal Resource Development Act

Courtesy of Osler. View original article here. On October 20, 2020, the Alberta government introduced Bill 36: The Geothermal Resource Development Act[1], which is aimed at creating a dedicated regulatory framework for the development of geothermal resources in Alberta. Bill 36 signals a more proactive approach to attract investment in this emerging industry by creating greater… [Read More…] about Alberta government Introduces Bill 36: The Geothermal Resource Development Act

Alberta Utilities Commission Adopts Assertive Efficiency Measures for Regulatory Hearings

Courtesy of Osler. View original article here. On October 22, 2020, the Alberta Utilities Commission (the “AUC” or the “Commission”) announced [PDF] a number of initiatives aimed at increasing regulatory process efficiency and reducing regulatory lag, particularly with respect to utility rate applications. These initiatives are consistent with the AUC’s commitments set out in its 2019-2022 strategic plan [PDF],… [Read More…] about Alberta Utilities Commission Adopts Assertive Efficiency Measures for Regulatory Hearings