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Companies Enbridge Inc FollowNov 4 (Reuters) - Canadian energy infrastructure firm Enbridge Inc (ENB.TO) on Friday announced a C$3.6 billion ($2.65 billion) expansion of the southern segment of its British Columbia (B.C.) Gas production in Western Canada this year neared record levels of 18 billion cubic feet a day. Enbridge said the expansion of the southern part of its system, known as T-South, will add 300 million cubic feet per day (cfpd) of capacity. It will serve customers in the Pacific Northwest and southern B.C., as well as the Woodfibre LNG project that Enbridge bought a C$1.5 billion stake in earlier this year. Enbridge shares were trading 1.6% higher at C$54.51 on the Toronto Stock Exchange on Friday after the company reported a higher third-quarter adjusted profit.

Eastern Canada, with its strong electricity-generating winds and short shipping distance, is a prime potential source for green hydrogen. Most hydrogen output uses natural gas or coal, called gray hydrogen, but companies want to produce green hydrogen without emissions by separating hydrogen from oxygen in water using wind-powered electrolyzers. Green hydrogen is typically more expensive, but soaring natural gas prices have elevated gray hydrogen production costs above those of green hydrogen, according to an October report. GERMANY-CANADA HYDROGEN PARTNERSHIPGermany and Canada signed a non-binding agreement in August to ship clean Canadian hydrogen to Germany by 2025. "We believe in green energy, but we don’t believe in destroying nature for a profit or supplying Germany," Rowe said.

Canada's oil sands hold the world's third-largest crude reserves and the long-life projects can produce for decades. Last week Suncor agreed to buy Teck Resources' (TECKb.TO) Fort Hills stake for about C$1 billion ($737 million) in cash as "part of our Base Plant mine replacement strategy". Other acquisition targets could include French major TotalEnergies' (TTEF.PA) stake in Fort Hills and its 50% share of the Surmont thermal oil sands project, Oberstoetter added. Last month TotalEnergies said it plans to spin off its Canadian oil sands assets into a separate company. The Fort Hills deal is the latest move by Calgary-based Suncor to focus on its core oil sands business.

A tanker truck used to haul oil products operates at an oil facility near Brooks, Alberta, Canada April 18, 2018. Oil and gas is Canada's highest-polluting sector, but also contributes around 7.5% annually to national GDP and is a major employer in Alberta. The province has already "invested or committed" C$1.8 billion ($1.3 billion) to develop CCS, Puddifant said. Over the last decade, the Alberta government has invested in infrastructure including the Quest carbon capture project, operated by Shell (SHEL.L) and the Alberta Carbon Trunk Line. In March, Alberta picked six proposals to move forward on developing a carbon storage hub near Edmonton.

☆ David Eby to become premier of Canada's British Columbia province
▼ + stars: | 2022-10-20 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

Oct 20 (Reuters) - David Eby, British Columbia's attorney general and housing minister, will become the Canadian province's premier, the ruling New Democratic Party said on Thursday, after his rival in the party's leadership race was disqualified for violating electoral rules. Register now for FREE unlimited access to Reuters.com RegisterEby will be officially declared leader on Friday morning, Cull said in a statement. "I'm proud David Eby will be the next premier of British Columbia." Horgan became premier in 2017 as head of a minority government before leading the NDP to a majority in 2020. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nia Williams; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Last month, it unveiled plans to spin off its Canadian oil sands assets into a new publicly traded company, which surprised many industry watchers. McCrea expects the recent trend of takeovers of private Canadian oil companies by larger companies to continue rather than the IPO route. The last time a new Canadian energy listing appeared on the TSX was in January when Calgary-based Kiwetinohk Energy Corp (KEC.TO) shares started trading. read moreNow, energy stocks have become a refuge for investors facing a sell-off in high growth sectors. Some energy investors welcomed the idea of more Canadian oil and gas listings.

☆ Canada's drought-stricken British Columbia bracing for floods when rains return
▼ + stars: | 2022-10-13 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

Oct 13 (Reuters) - Canada's British Columbia province on Thursday warned residents to prepare for flooding when rains eventually return after a prolonged drought exacerbated by climate change that has raised concerns about long-term damage to ecosystems ranging from glaciers to salmon rivers. Vancouver, the largest city in British Columbia, received less than a sixth of its average rainfall in August and September and has received only 0.2 millimetres so far in October, according to Environment Canada. Salmon migrate from the ocean to rivers to spawn at this time of year, but this month social media pictures showed thousands of dead salmon in a dried-up stream in central British Columbia. While the dry fall is less damaging than the heat dome that engulfed British Columbia last summer, it is still not good for glaciers' long-term health, said Brian Menounos, a professor of geography at the University of Northern British Columbia. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nia Williams in Revelstoke, British Columbia; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Mexico says tackling migration, does not want to be in U.S. election debate
▼ + stars: | 2022-10-12 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

Asylum-seeking migrants cross the Rio Grande to El Paso, Texas, U.S., as seen from Ciudad Juarez, Mexico, October 3, 2022. Lopez Obrador said the country's immigration policies were not changing, but stressed that it was important for Mexico not to be swept up in the U.S. electoral rhetoric. Former U.S. President Donald Trump, a Republican, made illegal immigration a focal point of his 2015-16 election campaign, causing outrage in his country's southern neighbor by describing Mexican migrants as rapists and drug runners. In his remarks, Lopez Obrador pointed to legislative and governor elections scheduled for Nov. 8., including Texas Governor Greg Abbott's re-election race. Register now for FREE unlimited access to Reuters.com RegisterReporting by Brendan O'Boyle; Editing by Dave Graham and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ France's TotalEnergies plans to spin off Canadian oil sands assets
▼ + stars: | 2022-09-28 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

A sign with the logo of French oil and gas company TotalEnergies is pictured at a petrol station in Nantes, France, June 30, 2022. REUTERS/Stephane MaheSept 28 (Reuters) - TotalEnergies (TTEF.PA) said on Wednesday it is looking to spin off its Canadian oil sands operations and list them on the Toronto Stock Exchange, as the assets do not fit with the French oil major's low-emissions strategy. Register now for FREE unlimited access to Reuters.com RegisterCanada's oil sands hold some of the world's largest crude reserves but are more carbon-intensive and costly to produce than many conventional oil projects worldwide. Total has been trying to exit the region for several years and in 2020 wrote down C$9.3 billion ($6.83 billion) worth of oil sands assets. TotalEnergies' oil sands assets will generate $1.5 billion of cash flow in 2022, he added.

☆ After Fiona, climate experts urge Canada to fix flagship adaptation strategy
▼ + stars: | 2022-09-28 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

Sept 28 (Reuters) - Canada's first national climate adaptation strategy needs to be improved to include near-term targets and specific solutions ahead of its November release to mitigate worsening global warming impacts, experts advising the government told Reuters in the wake of devastation caused by storm Fiona. The destruction comes weeks before Ottawa releases its first ever National Adaptation Strategy (NAS) in early November. A 2020 report from the Federation of Canadian Municipalities estimated Canada needs to spend C$5.3 billion a year to adapt to climate change but the country is at least a decade behind Europe in developing a national strategy, experts said. Britain released its first national adaptation program in 2013, with five-year targets, and is currently developing a third version. "Our first adaptation strategy needs to be a home run," said Ryan Ness, adaptation research director for the Canadian Climate Institute (CCI).

The coming end of SPR releases could shift market dynamics again in a year of high volatility following Russia's invasion of Ukraine in February. In March the White House announced it would release 180 million barrels from the U.S. strategic reserve to help quell high prices. Foreign buyers have turned to discounted Russian barrels, tempering Canadian crude exports. "When the SPR releases finish, these refiners will look to lean harder again on Canadian barrels or seaborne imports." That system ships the bulk of Canadian crude exports to the United States.

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