Minister O'Regan just announced $320m for the NL offshore oil sector... it'll go to maintenance and upgrades, R&D, environmental services and clean tech. That's in addition to the $75m for emissions reduction months ago. #cdnpoli #oilandgas #nlpoli
O'Regan says his government has "unrelenting support" for the offshore sector. This will help workers and support jobs, he says #cdnpoli #oilandgas #nlpoli
O'Regan also gives a shoutout to the NL government for pledging net-zero emissions. #cdnpoli #nlpoli #oilandgas
Finishes by saying he's proud of the offshore industry (I think! The audio is really bad when I'm in Alberta. But I'm diving into my days of reporting in NL to get my ear back in lol) #cdnpoli #oilandgas #nlpoli
Note that Husky was calling for the feds to jump in with $$$$$ to save its West White Rose project.... which is certainly not what we're hearing here today in Newfoundland from O'Regan. B/g here: theglobeandmail.com/business/artic… #cdnpoli #nlpoli #oilandgas
The province? "Help is here, but this is just the beginning." The provincial government announced an offshore exploration program yesterday, btw. It's the kind of thing NL's oil lobby group wants the feds to do, too. #cdnpoli #oilandgas #nlpoli
OH! NL just used the same line as AB does on the oil sector: That the industry "wants a hand up, not a handout." So that's fun. #ableg #cdnpoli #oilandgas #nlpoli
The premier of NL says it'll form a task force to figure out exactly how to invest this $320m just announced by the feds for the province's offshore oil sector. #ableg #cdnpoli #oilandgas
Interestingly, he also says NL is going to expand its green initiatives as it supports O&G. There has been talk of supporting offshore wind out there, for example. (Fun story: My house in Newfoundland tilted when it was really windy, which was often) #cdnpoli #nlpoli #oilandgas
So here's a little tidbit from the scrum with Minister O'Regan: He says the fact NL recently committed to net-zero emissions by 2050 was "huge" as the feds tried to work out how to best support offshore oil and gas. Ottawa noticed, he said. #ableg #cdnpoli #oilandgas
Also, the $320m for NL aligns with what BC/SK and AB received to clean up inactive and orphaned oil and gas wells, O'Regan says. (You'll remember that was $1.7b.) #cdnpoli #ableg #nlpoli

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More from @EmmaLGraney

May 3
Premier Smith insisted Alberta Electric Systems Operator asked for a pause on renewables. In fact, internal emails show the AESO head was 'not comfortable' with the plan but was told to 'support the minister without reservation'. Via @DrewPAnderson #ablegthenarwhal.ca/alberta-renewa…
This is a really important read by my pal @DrewPAnderson. Made all the more 🔥 when you re-watch the video from the press conference in which Smith doubles down on the AESO asking for the renewables pause. Here, I’ve clipped it for you 😊 #ableg #cdnpoli
@DrewPAnderson “The desire to halt the new project pipeline is a very troubling message for me, and is something we need to provide good messaging against…when we have the opportunity,” the AESO head wrote to colleagues in June 2023. Does that sound like a man who asked for the pause? #ableg
Read 5 tweets
Jan 30
Oh hey the Alberta government is having an townhall about the drought. I don't remember seeing any notification of this at all, but anyway Minister Schulz is up now. "I don't think Alberta will receive enough precipitation to prevent a severe drought," she says #ableg
The town hall about Alberta's drought is here... ag, environment and municipal affairs ministers all on the call and there is lots of time for Qs. #ableg #cdnpolivideo.teleforumonline.com/video/streamin…
These are alarming numbers NOT limited to sthrn Alberta. Many rivers and reservoirs are at or near historic lows "due to several years of below average precipitation." Old Man reservoir 28% capacity, normal range 62-80%. St. Mary's reservoir is at 15%, normal values 41-70% #ableg
Read 14 tweets
Feb 22, 2023
Oil sands companies in the Pathways Alliance have awarded a $10m contract to Wood, a global engineering company, to develop detailed plans for a 400km CO2 pipeline that will eventually link >20 oil sands facilities with a storage hub near Cold Lake #cdnecon #oott #ableg
Wood’s work will focus on the main transportation line linking 14 oil sands facilities to the storage hub (think pipe size, materials, monitoring station design, route). It’ll also help inform overall capital and operations cost estimates #cdnecon #oott #ableg
The oil sands work will support a regulatory application later in the year. Pathways expects $16.5b to spent on the carbon capture network (including $ from governments). It reckons the project will ⬇️ net carbon emissions by 10-12m tonnes/year by 2030 #cdnecon #cdnpoli #ableg
Read 5 tweets
Dec 21, 2021
Huh. Thomas Dang has stepped down from NDP caucus. RCMP searched his home lately #ableg
Notley is talking now. Something about the covid19 records page. She says Dang visited the page and notified AHS about his concerns regarding privacy on that website. She says they have a longstanding policy that caucus members under police investigation can't be in caucus #ableg
Notley says she can't say a lot right now. #ableg
Read 10 tweets
Jun 24, 2021
I spoke to groups who got notices from the anti-oil Alberta Inquiry into foreign funding. If they do reply, commissioner Steve Allan reckons 14 days is enough time to consider 1,200 pages of responses he could get b4 the report's due /1 #ableg #cdnpoli theglobeandmail.com/business/artic…
Also, remember how Kenney repeatedly referenced the Pembina Institute when he promised this inquiry during the election? Pembina got less $$ from international grants than from O&G companies that contracted the think tank to help find environmental solutions. /2 #ableg #cdnpoli
The same is true for Greenpeace. It got $2.9m in foreign donations from 2007-2018 for oil sands campaigns, but $5.6m from Albertans over the same period. /3 #ableg #cdnpoli
Read 5 tweets
May 18, 2021
Alberta gets another credit downgrade. S&P has lowered from A+ to A, citing large deficits averaging more than 25% of revenues during fiscal 2020-24. Says pandemic has "further worsened AB's budgetary
balances" which had not yet recovered from oil price slump /1 #ableg #cdnpoli
S&P says Alberta's downgrade is "the culmination of the two powerful economic shocks that Alberta has endured in the past six years," adds the province entered the pandemic with "relative fiscal weakness" b/c of the prolonged oil slump that started in 2014 /2 #ableg #cdnpoli
S&P adds Alberta's budgetary results deteriorated & its tax-supported debt burden "rose to a greater extent" than all other Canadian provinces." Consequently, AB's operating and after-capital deficits are the largest of any local/regional gvt in Canada /3 #ableg #cdnpoli
Read 5 tweets

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