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NEWS UPDATES

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MEMBER UPDATE

GREENERGY ANNOUNCES MERGER WITH CANADA’S BG FUELS

12 February 2020 - Greenergy, an international supplier of transportation fuels, and BG Fuels, a leading Canadian gasoline and convenience retailer today announce their merger.

By combining Greenergy’s supply chain expertise and growing independent dealer offer, and BG Fuels’ national retail brand management and site operation capabilities, the merger will create economies of scale and provide the industry with greater choice and flexibility for fuel supply and retail branding.

Greenergy CEO, Christian Flach, with Joe Calderone, BG Fuels CEO, joining the board.

Christian Flach, Greenergy CEO explained, “Since entering the Canadian market in 2013, Greenergy has invested in strategic infrastructure in Ontario to deliver low-cost and resilient fuel supply to customers, and also introduced two new retail brands for the independent dealer market. The merger with BG Fuels will allow us to extend our supply footprint and retail offer across Canada, enabling significant future growth. The experience and resources of both businesses will further strengthen our retail offer to the independent dealer market.”

Joe Calderone, BG Fuels CEO commented, “Our extensive retail experience and commitment to consumers has seen BG Fuels become a leading fuel and convenience retailer in Canada. We look forward to leveraging Greenergy’s proven supply chain capabilities to enhance our portfolio of service stations across Canada.”

GLOBAL

GLOBAL OIL DEMAND SET TO DROP FIRST TIME IN DECADE ON VIRUS

Global oil demand will drop this quarter for the first time in over a decade as the coronavirus batters China’s economy, the International Energy Agency said.

THESE OIL COMPANIES ARE LEADING THE INDUSTRY'S GREEN TRANSFORMATION

Oil and gas companies know the clock is ticking to become greener as investor demand for climate action mounts. However, some are in a better spot to curb their emissions than others.

CHANGE CLIMATE POLICY NOW TO AVERT OIL MARKET CRISIS, WARNS THINKTANK

The oil industry is at risk of a global market shock that could halve the vax.

UK GOVERNMENT ANNOUNCES MILLIONS IN FUNDING FOR ‘LOW CARBON’ HYDROGEN PRODUCTION

The U.K. government announced £28 million ($36.47 million) in funding on Tuesday (February 24) for five projects focused on hydrogen production.

DOVER FUELING SOLUTIONS AND SHELL INTRODUCE SELF-CHECKOUT KIOSK

Dover Fueling Solutions, a part of Dover Corporation and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, has recently partnered with Shell to codevelop and roll out Self-Checkout Kiosk across a number of Shell fueling stations in the Netherlands in order to reduce queues and improve the purchasing experience for its customers.

UPS IS TAKING ON AMAZON WITH ITS OWN FLEET OF ELECTRIC VANS

UPS has placed an order for 10,000 electric vehicles from U.K.-based start-up Arrival, with the logistics giant’s venture capital arm also investing an undisclosed amount in the firm.

WHY CANADIAN AUTOMAKERS SHOULD ACCELERATE THEIR ELECTRIC VEHICLE CAPABILITIES

Canada’s gas-powered auto industry faces dramatic risks from the global transition to electric vehicles and it could soon start impacting jobs, according to a new report.

GREENERGY EXPANDS ITS BUSINESS IN CANADA WITH MERGER TECK RESOURCES NEEDS AT LEAST $65 OIL AND DEEP-POCKETED PARTNERS FOR FRONTIER OILSANDS MINE TO MAKE ECONOMIC SENSE

Last month, Teck’s chief executive Don Lindsey expressed skepticism about the project — which would cost an estimated $20.6 billion to construct, produce 260,000 barrels of oil per day and operate for four decades — saying the fate of the project depended on ‘three Ps’: oil prices, pipeline capacity and finding the right partners.

KENNEY PROMISES NEW LAW TO PROTECT 'CRITICAL INFRASTRUCTURE' AFTER TECK FRONTIER WITHDRAWAL

Last month, Teck’s chief executive Don Lindsey expressed skepticism about the project — which would cost an estimated $20.6 billion to construct, produce 260,000 barrels of oil per day and operate for four decades — saying the fate of the project depended on ‘three Ps’: oil prices, pipeline capacity and finding the right partners.

The UK’s largest fuels supplier, Greenergy, has expanded its presence in Canada through a merger with the Canadian fuel and convenience retailer BG Fuels.

A SURGE IN ELECTRIC VEHICLE POPULARITY COULD REALLY SHOCK OUR ENERGY-RELIANT ECONOMY

Electric-vehicle adoption is on the rise in Canada, but what’s unknown is how quickly the pace of change will be over the next decade – and what impact that will have on the Canadian energy landscape.

HOW CANADA COULD STRIKE A GRAND BARGAIN ON CLIMATE AND ENERGY

The approval process for the Frontier oil sands mine project is a golden opportunity for the federal and Alberta governments to move past the outdated balancing act at the heart of climate and energy policy in Canada.

EMISSION-CUTTING TARGETS A TREND WITH BENEFITS FOR OIL SANDS FIRMS, OBSERVERS SAY

In one of his last interactions with reporters before retiring as CEO of Calgary-based Imperial Oil Ltd., veteran oilman Rich Kruger was typically plain-spoken when asked about the carbon footprint of the oil sands.

WESTERN REGION

ALBERTA INDIGENOUS OPPORTUNITIES ALLOCATED $1-BILLION BY KENNEY GOVERNMENT

Premier Jason Kenney promised to do "whatever it takes" to protect Alberta's economic future — including legislation to avert railway blockades — as organizations reacted Monday to the bombshell news that mining giant Teck Resources was withdrawing its application for a $20-billion oilsands mine.

WESTERN CANADA: WHAT YOU NEED TO KNOW ABOUT THE COASTAL GASLINK PIPELINE DISPUTE, AS PROTESTS SPREAD ACROSS CANADA

The dispute over the construction of the Coastal GasLink natural gas pipeline has ignited solidarity protests across the country. The impact of the blockade of a forested logging road in Northern British Columbia has now prompted the halt of commuter trains in Montreal and freight trains travelling Canadian National Railway’s network. (last updated February 14)

In 2008, Beaver Lake Cree Nation sued the federal government and the province of Alberta for taking up land in its traditional territory for industrial development and harming its members’ way of life. Beaver Lake’s lawsuit is significant because, if the small band prevails, governments may have to rewrite the way they evaluate industrial permits for projects, such as oil sand mines.

FEDERAL GOVERNMENT TO LAUNCH CONSULTATIONS ON INDIGENOUS OWNERSHIP OF TRANS MOUNTAIN PIPELINE

The federal government is launching a new set of consultations with Indigenous groups that will determine if and how they might take part in ownership of the Trans Mountain pipeline and its expansion project, Finance Minister Bill Morneau announced Monday.

DON BRAID: IN PUBLIC SHIFT, JASON KENNEY SAYS ALBERTA HAS TO GO GREEN OVER TIME

Premier Jason Kenney is talking publicly about the “energy transition.” This is new. And it’s significant. “Over the next decades as we go through the energy transition, we all know that there will be a continued demand for crude,” he told a panel at Washington’s Wilson Center.

KENNEY ANNOUNCES OFFLOADING CRUDE-BYRAIL CONTRACTS TO PRIVATE SECTOR

Alberta Premier Jason Kenney announced Tuesday that his government has made good on a campaign promise to offload the former NDP government's $3.7-billion crude-by-rail deals, which he has slammed as poor value for taxpayers.

JUDGE RULES ALBERTA HAS 10 DAYS TO DECIDE ON PROSPER OIL SANDS PROJECT

Judge has ordered Alberta Premier Jason Kenney’s government to decide whether Prosper Petroleum Ltd. can build an oil sands project, ruling that 20 months without a decision constitute an abuse of power.

SHELVED SUNCOR THERMAL OIL SANDS PROJECT WINS ALBERTA GOVERNMENT APPROVAL

The Alberta government has approved an application by Suncor Energy Inc. to build a 40,000-barrelper-day thermal oil sands project but construction is unlikely to start any time soon. In a 4-1 majority decision, the Alberta Court of Appeal has deemed the federal Liberals’ carbon tax to be unconstitutional.

ONTARIO / QUÉBEC REGION

DOUG FORD WANTS TO LOOSEN EMISSIONS RULES FOR INDUSTRY. OTTAWA SHOULD SAY NO

Key talks are under way between the federal and Ontario governments over what carbon rules should apply to industry in Canada’s largest province.

'UNPRECEDENTED' SUPREME COURT DECISION ON TRANS MOUNTAIN SHOULD BE MESSAGE FOR QUÉBEC: KENNEY

Alberta Premier Jason Kenney says the Supreme Court of Canada’s “unprecedented” dismissal of British Columbia’s move to stop Trans Mountain pipeline expansion project should “send a message” to Québec that it can’t block the Energy East pipeline project.

ALBERTA PLANS TO OPEN OFFICE IN MONTREAL TO PITCH PROVINCE'S ENERGY

Alberta Premier Jason Kenney came to Québec with a message of economic partnership between East and West, announcing on Tuesday he will open an office in Montreal to promote Alberta’s energy sector and improve political and economic relations between the provinces.

QUÉBEC UTILITY SIGNS FIRST DEAL WITH GAS PRODUCER UNDER CERTIFICATION PROGRAM

A Calgary company is the first to land a supply contract with Québec’s major natural gas distributor based on obtaining certification for its responsible production of the heating fuel.

ATLANTIC REGION

New Brunswick is wrestling with its own Frontier-like challenge. In mid-January, a small Toronto company called Maritime Iron filed its plans to the provincial government for an environmental review. The company wants to build a facility to turn iron ore into pig iron, a product used in steelmaking. ALBERTA GETS ALL THE ATTENTION. NEW BRUNSWICK FACES ITS OWN CLIMATE TEST WITH MARITIME IRON