Great new forQuesterre Energy Corporation
Great new forQuesterre Energy Corporation
Nå har Federale myndigheter og Retten slått tilbake mot politikere
som har '' sabotert '' en Gyldig beslutning om rørlegging vest kyst
Canada.
Gir jo håp for QEC i og drittsekken, Prime Minister, Justin Trudeau,
som nå endelig er utspilt av retten.
Supreme Court of Canada Dismisses BC TMX Appeal
The Supreme Court justices really ripped BC a new one (see highlighted text):
The Supreme Court of Canada has dismissed B.C.'s appeal of a lower court decision that quashed provincial legislation designed to block the Trans Mountain expansion project.
In an unanimous decision, Chief Justice Richard Wagner said the court will let the B.C. Court of Appeal decision stand.
The decision clears yet another legal hurdle for the long-delayed pipeline project. A separate Federal Court of Appeals case on the project, which considers Indigenous issues, is still pending.
The decision, issued from the bench on the same day legal counsel delivered oral arguments, is a blow to B.C. Premier John Horgan, who has sought to stop construction of the expansion. If built, the pipeline will carry nearly a million barrels of oil from Alberta's oilpatch to the B.C. coast each day for export to Asian markets.
Horgan promised in the 2017 election campaign "to use every tool in our tool box to stop" the construction of the Trans Mountain expansion.
The court's ruling was not unexpected, given how poorly the B.C. case fared in front of the justices Thursday.
The B.C. NDP government had drafted amendments to provincial environmental law to all but ban interprovincial shipments of heavy oil — bitumen and diluted bitumen — and other "hazardous substances" through pipelines, including the Crown-owned Trans Mountain expansion project.
The amendments would have required companies transporting these substances through B.C. to first obtain provincial permits.
Despite Horgan's 2017 promise to use all the provincial levers available to stop the project, Joseph Arvay, the lawyer representing the attorney general of B.C., insisted Thursday the proposed permits were not designed to target Trans Mountain.
He said the proposed law was designed rather to protect the environment by guarding against spills. However, the B.C. regime did not target bitumen transported by ship.
"The only concern the premier, the attorney general and the members of the government have had is the harm of bitumen. It's not about pipelines. They're not anti-pipelines, they're not anti-Alberta, they're not anti-oilsands, they're not anti-oil," Arvay said.
Bitumen is a molasses-like liquid or semi-solid form of petroleum. Environmentalists maintain diluted bitumen is difficult to clean up in the event of a spill on or near water.
Most of the justices — Malcolm Rowe, Rosalie Abella, Russell Brown, Andromache Karakatsanis and Nicholas Kasirer — questioned the province's authority to enact legislation on a matter that so clearly falls under federal jurisdiction.
The top court echoed many of arguments made by the five judges on the B.C. Court of Appeal, who ruled unanimously last spring that the Horgan government stepped into federal jurisdiction by imposing conditions on a project that crosses provincial boundaries.
Under section 92(10) of the Constitution, interprovincial projects like Trans Mountain are exclusively the purview of the federal government.
That section stipulates that "lines of Steam or other Ships, Railways, Roads, Telegraphs, and other Works and Undertakings connecting the Province with any other or others of the Provinces" are Ottawa's responsibility.
Rowe said B.C. is trying to block a project legitimately approved by the federal government.
"This [B.C.] legislation is about taking away the ability of the Government of Canada to effectively approve interprovincial pipelines that pass through B.C. carrying anything," Rowe said.
Abella said interprovincial pipeline approvals are "unquestionably a federal undertaking." Brown described the B.C. permitting regime as a deliberate attempt to usurp Ottawa's jurisdiction.
The pile-on by the justices over B.C.'s legal rationale was so intense that, by day's end, Arvay conceded the obvious: he likely wasn't going to win the appeal.
"If I'm not going to win the appeal, I don't want to lose badly," he said in his final reply.
The Trans Mountain expansion project went through a years-long federal review by the National Energy Board (NEB) and the Canadian Environmental Assessment Agency (CEAA) and has been approved by the federal Liberal cabinet — twice.
Prime Minister Justin Trudeau has said the project is in the national interest and would help deliver Canadian oil to tidewater for shipment to lucrative markets in Asia, reducing price pressures on Alberta oil producers.
"If you have a pipeline and you can't put anything through it, it's totally useless. That frustrates the federal permitting process does it not?" Rowe said Thursday.
"Today, it's heavy oil. Tomorrow, it could be anything else."
Brown said B.C.'s law "effectively allows the province to regulate the design and operation of an interprovincial operation," a constitutional no-no given how explicit the document is on interprovincial matters.
Ecojustice lawyer Harry Wruck, an intervener in the case, said environmental concerns should override other constitutional considerations.
"Environmental protection underpins the whole Constitution. Without a viable environment we cannot have a Constitution, we cannot have a nation based on laws, we cannot have institutions, we cannot have a society, in effect," Wruck said.
"What we're saying [is] environmental protection is an underlying constitutional principle that must inform the division of power analysis," he added, citing the constitutional division of federal and provincial jurisdictions.
Jan Brongers, the lawyer representing the Attorney General of Canada, asked the Supreme Court today to dismiss the B.C. appeal because the proposed environmental amendments are ultra vires, or beyond the province's jurisdiction.
Brongers said the federal government is also concerned about environmental protection and has its own regulations in place to guard against a potential spill. He said B.C. has overreached.
"Your point is the province is reaching into the federal toolbox because their toolbox doesn't do the job?" Brown asked Brongers.
"Yes. They're trying to regulate the same subject for the same purpose, but they have different notions for what's required," Brongers replied.
Justice Michael Moldaver described the B.C. bill as an attempt to "throw up barriers that will, at a minimum, delay or obstruct" a project approved by the federal cabinet.
Rowe said siding with B.C. in this case would be devastating to interprovincial commerce. "There will be nothing. The uncertainty will kill the business case," he said.
Brown, Karakatsanis and Rowe questioned the environmental protection argument because the legislation doesn't address the transport of heavy oils by other means — by ship, for example — or existing heavy oil shipments that move through the province.
Karakatsanis noted that the province already has environmental legislation — the Environmental Management Act — that can be applied in the event of a spill.
Abella said there's no question a province can enact environmental protection legislation, but the question before the court is whether this legislation protects the environment in a way that interferes with clear constitutional boundaries.
Arvay argued that the division of powers does not amount to "watertight compartments" — and courts previously have recognized that certain functions are best carried out by the level of government closest to the people affected.
Søkte etter noe annet, og fikk opp dennne som jeg syntes var interessant:
The World's Largest Oil Reserves By Country
Venezuela - 300,878 million barrels.
Saudi Arabia - 266,455 million barrels. ...
Canada - 169,709 million barrels. ...
Iran - 158,400 million barrels. ...
Iraq - 142,503 million barrels. ...
Kuwait - 101,500 million barrels. ...
United Arab Emirates - 97,800 million barrels. ...
Russia - 80,000 million barrels. ...
Nå har Federale myndigheter og Retten slått tilbake mot politikere
som har '' sabotert '' en Gyldig beslutning om rørlegging vest kyst
Canada.
Gir jo håp for QEC i og drittsekken, Prime Minister, Justin Trudeau,
som nå endelig er utspilt av retten.
Supreme Court of Canada Dismisses BC TMX Appeal
The Supreme Court justices really ripped BC a new one (see highlighted text):
The Supreme Court of Canada has dismissed B.C.'s appeal of a lower court decision that quashed provincial legislation designed to block the Trans Mountain expansion project.
In an unanimous decision, Chief Justice Richard Wagner said the court will let the B.C. Court of Appeal decision stand.
The decision clears yet another legal hurdle for the long-delayed pipeline project. A separate Federal Court of Appeals case on the project, which considers Indigenous issues, is still pending.
The decision, issued from the bench on the same day legal counsel delivered oral arguments, is a blow to B.C. Premier John Horgan, who has sought to stop construction of the expansion. If built, the pipeline will carry nearly a million barrels of oil from Alberta's oilpatch to the B.C. coast each day for export to Asian markets.
Horgan promised in the 2017 election campaign "to use every tool in our tool box to stop" the construction of the Trans Mountain expansion.
The court's ruling was not unexpected, given how poorly the B.C. case fared in front of the justices Thursday.
The B.C. NDP government had drafted amendments to provincial environmental law to all but ban interprovincial shipments of heavy oil — bitumen and diluted bitumen — and other "hazardous substances" through pipelines, including the Crown-owned Trans Mountain expansion project.
The amendments would have required companies transporting these substances through B.C. to first obtain provincial permits.
Despite Horgan's 2017 promise to use all the provincial levers available to stop the project, Joseph Arvay, the lawyer representing the attorney general of B.C., insisted Thursday the proposed permits were not designed to target Trans Mountain.
He said the proposed law was designed rather to protect the environment by guarding against spills. However, the B.C. regime did not target bitumen transported by ship.
"The only concern the premier, the attorney general and the members of the government have had is the harm of bitumen. It's not about pipelines. They're not anti-pipelines, they're not anti-Alberta, they're not anti-oilsands, they're not anti-oil," Arvay said.
Bitumen is a molasses-like liquid or semi-solid form of petroleum. Environmentalists maintain diluted bitumen is difficult to clean up in the event of a spill on or near water.
Most of the justices — Malcolm Rowe, Rosalie Abella, Russell Brown, Andromache Karakatsanis and Nicholas Kasirer — questioned the province's authority to enact legislation on a matter that so clearly falls under federal jurisdiction.
The top court echoed many of arguments made by the five judges on the B.C. Court of Appeal, who ruled unanimously last spring that the Horgan government stepped into federal jurisdiction by imposing conditions on a project that crosses provincial boundaries.
Under section 92(10) of the Constitution, interprovincial projects like Trans Mountain are exclusively the purview of the federal government.
That section stipulates that "lines of Steam or other Ships, Railways, Roads, Telegraphs, and other Works and Undertakings connecting the Province with any other or others of the Provinces" are Ottawa's responsibility.
Rowe said B.C. is trying to block a project legitimately approved by the federal government.
"This [B.C.] legislation is about taking away the ability of the Government of Canada to effectively approve interprovincial pipelines that pass through B.C. carrying anything," Rowe said.
Abella said interprovincial pipeline approvals are "unquestionably a federal undertaking." Brown described the B.C. permitting regime as a deliberate attempt to usurp Ottawa's jurisdiction.
The pile-on by the justices over B.C.'s legal rationale was so intense that, by day's end, Arvay conceded the obvious: he likely wasn't going to win the appeal.
"If I'm not going to win the appeal, I don't want to lose badly," he said in his final reply.
The Trans Mountain expansion project went through a years-long federal review by the National Energy Board (NEB) and the Canadian Environmental Assessment Agency (CEAA) and has been approved by the federal Liberal cabinet — twice.
Prime Minister Justin Trudeau has said the project is in the national interest and would help deliver Canadian oil to tidewater for shipment to lucrative markets in Asia, reducing price pressures on Alberta oil producers.
"If you have a pipeline and you can't put anything through it, it's totally useless. That frustrates the federal permitting process does it not?" Rowe said Thursday.
"Today, it's heavy oil. Tomorrow, it could be anything else."
Brown said B.C.'s law "effectively allows the province to regulate the design and operation of an interprovincial operation," a constitutional no-no given how explicit the document is on interprovincial matters.
Ecojustice lawyer Harry Wruck, an intervener in the case, said environmental concerns should override other constitutional considerations.
"Environmental protection underpins the whole Constitution. Without a viable environment we cannot have a Constitution, we cannot have a nation based on laws, we cannot have institutions, we cannot have a society, in effect," Wruck said.
"What we're saying [is] environmental protection is an underlying constitutional principle that must inform the division of power analysis," he added, citing the constitutional division of federal and provincial jurisdictions.
Jan Brongers, the lawyer representing the Attorney General of Canada, asked the Supreme Court today to dismiss the B.C. appeal because the proposed environmental amendments are ultra vires, or beyond the province's jurisdiction.
Brongers said the federal government is also concerned about environmental protection and has its own regulations in place to guard against a potential spill. He said B.C. has overreached.
"Your point is the province is reaching into the federal toolbox because their toolbox doesn't do the job?" Brown asked Brongers.
"Yes. They're trying to regulate the same subject for the same purpose, but they have different notions for what's required," Brongers replied.
Justice Michael Moldaver described the B.C. bill as an attempt to "throw up barriers that will, at a minimum, delay or obstruct" a project approved by the federal cabinet.
Rowe said siding with B.C. in this case would be devastating to interprovincial commerce. "There will be nothing. The uncertainty will kill the business case," he said.
Brown, Karakatsanis and Rowe questioned the environmental protection argument because the legislation doesn't address the transport of heavy oils by other means — by ship, for example — or existing heavy oil shipments that move through the province.
Karakatsanis noted that the province already has environmental legislation — the Environmental Management Act — that can be applied in the event of a spill.
Abella said there's no question a province can enact environmental protection legislation, but the question before the court is whether this legislation protects the environment in a way that interferes with clear constitutional boundaries.
Arvay argued that the division of powers does not amount to "watertight compartments" — and courts previously have recognized that certain functions are best carried out by the level of government closest to the people affected.
Søkte etter noe annet, og fikk opp dennne som jeg syntes var interessant:
The World's Largest Oil Reserves By Country
Venezuela - 300,878 million barrels.
Saudi Arabia - 266,455 million barrels. ...
Canada - 169,709 million barrels. ...
Iran - 158,400 million barrels. ...
Iraq - 142,503 million barrels. ...
Kuwait - 101,500 million barrels. ...
United Arab Emirates - 97,800 million barrels. ...
Russia - 80,000 million barrels. ...
Redigert 21.01.2021 kl 08:39
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Løsner det snart? Da vet alle at QEC stiger raskt og mye!
2 ganger tidligere har kursen godt mot 30 kr.
Flere ganger mot 10kr!
2 ganger tidligere har kursen godt mot 30 kr.
Flere ganger mot 10kr!
Redigert 21.01.2021 kl 08:39
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MC Axel
17.01.2020 kl 23:07
2657
QEC next???
"Varcoe: Three oil pipeline projects inch toward goal-line for CanadaBY CHRIS VARCOE, CALGARY HERALD
ORIGINALLY PUBLISHED: JAN 17, 2020"
"More significantly, the three major oil pipeline developments that would expand take-away capacity out of Western Canada — Keystone XL, the Trans Mountain expansion and Enbridge’s Line 3 replacement project — are all gaining traction at the same time.
It’s fuelling expectations a cure may finally be at hand for Western Canada’s pipeline woes.
“This has been the nirvana that everyone has been trying to get to for the last 10 years,” said former TransCanada executive Dennis McConaghy."
https://calgaryherald.com/opinion/columnists/varcoe-three-oil-pipeline-projects-inch-toward-goal-line-for-canada
"Varcoe: Three oil pipeline projects inch toward goal-line for CanadaBY CHRIS VARCOE, CALGARY HERALD
ORIGINALLY PUBLISHED: JAN 17, 2020"
"More significantly, the three major oil pipeline developments that would expand take-away capacity out of Western Canada — Keystone XL, the Trans Mountain expansion and Enbridge’s Line 3 replacement project — are all gaining traction at the same time.
It’s fuelling expectations a cure may finally be at hand for Western Canada’s pipeline woes.
“This has been the nirvana that everyone has been trying to get to for the last 10 years,” said former TransCanada executive Dennis McConaghy."
https://calgaryherald.com/opinion/columnists/varcoe-three-oil-pipeline-projects-inch-toward-goal-line-for-canada
Redigert 21.01.2021 kl 08:39
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omans
18.01.2020 kl 00:05
2508
Ser ut som kurs gikk ned i Canada.
Redigert 21.01.2021 kl 08:39
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Canadiens have never understand anything in contradiction to blue eyed, intelligent Norwegians.
RT
CHAN
-0.01 (-5.2632%)
Ses vrais
RT
CHAN
-0.01 (-5.2632%)
Ses vrais
Redigert 21.01.2021 kl 08:39
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njn-
18.01.2020 kl 02:13
2350
Ja! Det vil vise seg hvor blåøyd DU er!
Redigert 21.01.2021 kl 08:39
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Carlsen73
18.01.2020 kl 09:08
2089
Er det ikke længe siden, vi har hørt noget fra dig Pick Up?
Redigert 21.01.2021 kl 08:39
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Kursen har gått fler ganger mot 1 kr enn 30 å 10...
Så ta det med ro
Så ta det med ro
Redigert 21.01.2021 kl 08:39
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Carlsen73
18.01.2020 kl 14:06
1740
Hvis vi tager en all time gennemsnitskurs, så er vi langt under denne. Og denne gennemsnitskurs er - bl.a. ifølge dig selv - blevet til trods nok så mange røde regnskabsresultater. Så ja! Vi tager den med ro.
Redigert 21.01.2021 kl 08:39
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Wisecoboy
18.01.2020 kl 14:18
1703
Kursen ned5% i Canada , omsatt for hele 28000kr, i løpet av hele kvelden. Komiskt . INGEN OMSETNIING. Når QEC går 40-50% opp, kommer nok omsetningen seg også noe. Kun uker igjen så fyrer det løs
Redigert 21.01.2021 kl 08:39
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XL2016
18.01.2020 kl 15:39
1577
Litt spennende med disse i bl.a kakwa området.
Stor deal lukket i 2020.
Utdrag:
With investment professionals located in both the United States and Canada, WEF is actively pursuing investment opportunities across North America.
Waterous continued, "The North American oil and gas industry is in the midst of a paradigm shift in response to new technology, low prices, and lacklustre investor returns; we believe this macro backdrop creates a target rich environment for us to execute on our value approach to energy investing."
https://www.oilandgas360.com/cona-resources-completes-acquisition-of-pengrowth-energy-corporation/
Stor deal lukket i 2020.
Utdrag:
With investment professionals located in both the United States and Canada, WEF is actively pursuing investment opportunities across North America.
Waterous continued, "The North American oil and gas industry is in the midst of a paradigm shift in response to new technology, low prices, and lacklustre investor returns; we believe this macro backdrop creates a target rich environment for us to execute on our value approach to energy investing."
https://www.oilandgas360.com/cona-resources-completes-acquisition-of-pengrowth-energy-corporation/
Redigert 21.01.2021 kl 08:39
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