Tara Weber
@TaraNWeber
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Corporate Comms @Suncor. Formerly Western Bureau Chief for @BNNBloomberg / @CTVNews as well as @CBCNews and @CityNewsTO.
Calgary
Joined February 2009
The @WestJet Group says it’s strongly opposed to the travel advisory issued today by Ottawa. It says the move is a “setback in Canada’s progress” & is “not based on science and data and significantly undermines the aviation sector’s proven safety record in response to COVID-19.”.
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I was among the hundreds of employees laid off today across Bell Media. My time at @BNNBloomberg was amazing and provided so many opportunities to tell great stories. I will miss it & working with such great colleagues - I feel for those left now trying to do even more with less.
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The World Petroleum Congress is in full swing. Great to catch up in Calgary with two of the biggest oil bulls @ericnuttall and @ea_amrita #wpc #oott
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Demands:.• RCMP detachment be removed & police end patrols. Say police have not yet left Wet'suwet'en territory. • All CGL activities cease while talks are ongoing.• Will commit to discussions w/Cda&BC once demands are met & insist discussions be held on Wet’suwet’en territory.
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@maayanziv This is ridiculous. I don't think most know how many thousands of dollars in damages (on top of lost productivity and dignity) this is. I'm so sorry.
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Alberta Energy Minister @sonyasavage is criticizing the "irony" of the White House's decision to ask OPEC+ to increase oil production to help reduce high fuel prices in the U.S. Says the fact it comes just months after cancelling Keystone XL pipeline "smacks of hypocrisy." #ableg.
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The Mohawk people of Tyendinaga say they're standing in solidarity with the Wet'suwet'en until demands are met. Say they will allow trains to pass through their territory and remain committed to do so once it is verified BC RCMP are out of the territory.
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Amazing to say goodbye to my wonderful colleagues at @BNNBloomberg last night. Such a great team that I already miss! 💜.
The BNN family coming together - past and present - to share the love we have for this very special thing.
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I'm at the point where I'll vote for whoever can stop these incessant CRA scam calls. #Election2021.
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Wet'suwet'en Hereditary Chiefs have released a press release following Prime Minister @JustinTrudeau's request for the Barricades to come down. Say they are setting conditions for Nation-to-Nation Talks to begin.
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Spent a beautiful day in Lake Louise yesterday. It’s hard to believe this is in our backyard.
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Suncor Energy says it is acquiring TotalEnergies' Canadian Operations for $1.468 billion. This includes the 31.23% working interest in the Fort Hills project. meaning Suncor will own 100%.
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Brian Porter, CEO of @scotiabank says the energy sector is up against groups that are spreading a lot of misinformation about industry.” They are ‘well-funded, use different media platforms and are effective.’.
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The Trans Mountain pipeline expansion project costs are now expected to reach $30.9B. That's an increase from the $21.6B announced in February of 2022, which was a 70% jump from original project costs. #TMX #TransMountain.
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Westjet: Canada's new travel measures “remain firmly out of step” with border policies enacted across the EU, the UK & US. Says today’s advisory contradicts WHO's guidance that blanket travel bans will not prevent the spread of COVID-19 and adversely affect lives and livelihoods.
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Harry Taylor, @WestJet’s CEO says every traveller is tested 2x on avg/journey. $WJA calling on Govt to ‘publicly share the travel related COVID-19 data that has been used to re-impose the advisory & advice targeted towards fully-vaccinated Cdns & the travel & tourism industry.’.
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Brrrrrrrrr. Natural gas prices at the AECO hub have just SOARED over the last few days during this deep freeze in Western Canada - daily prices are sitting at ~$14 / gigajoule. #oott #naturalgas
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Whitecap acquires XTO Energy Canada in all-cash deal (net purchase price ~$1.7B):.“Acquisition significantly improves our free funds flow ^4 profile, adds.top tier Montney inventory…& represents an entry into the prolific liquids-rich Duvernay play”. $WCP increases dividend 22%.
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TC Energy is selling a 10% equity interest in Coastal Gaslink to Indigenous communities along the project corridor. The option was made available to all 20 Nations holding existing agreements with CGL. 2 entities - representing 16 communities - have confirmed their support. $TRP.
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Head's up energy sector watchers: @ericnuttall is on @marketcall today taking your calls. Join us at 12 ET / 10 MT on @BNNBloomberg.
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TC Energy has declared force majeure on its Keystone crude pipeline system - affecting shipments from Canada to U.S. A notice sent to shippers (seen by Bloomberg) says a power outage at a S. Dakota pump station has disrupted the pipeline system & is under investigation #oott $TRP.
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Athabasca Oil And Cenovus Energy are combing Kaybob Assets to create a Pure-Play Duvernay Entity:. #oott $cve $ath.
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And here come the big banks. RBC, TD, BMO have increased the prime rate to 5.95%.
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ALPA is also calling for scientific data to be provided. “The government has acknowledged the airline industry as being one of the hardest-hit sectors by COVID-19. Today’s announcement will force our industry to absorb further losses when it was finally heading towards stability”.
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Sorry @ChuckBaumgart - You can choose who you watch/read for news. That choice shouldn't be made for you. @ElizLanders @CNN.
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Tourmaline Oil and Clean Energy Fuels announce $70M Joint Agreement to build Compressed Natural Gas stations along key Western Canadian highway corridors. This is a 50-50 shared investment to create Canada’s “first natural gas powered highway.”.
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Crescent Point to buy Hammerhead Energy for ~$2.5B including $455M in debt. CEO Craig Bryksa: “This strategic consolidation is an integral part of our overall portfolio transformation.”.$CPG.
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Mark Little, Suncor CEO, challenges business leaders across Canada to spend time in First Nations’ communities and to engage with Indigenous businesses and not rely on governments to solve challenges around reconciliation.
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Well that certainly flew by! Marking 5 awesome years with the @BNNBloomberg team. Thank you for the sweet swag @Bell!
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With >$100/bbl oil, production picking up & Cdn pipelines nearing limits, once again crude-by-rail is getting attention. "Inquiries into our sites & our capabilities are certainly 10x what they were a month ago”: Kent McDougall, Torq Energy Logistics.#oott.
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CP Rail plans to open its railway between Kamloops and Vancouver by "Mid-day" tomorrow. Says crews have been working around the clock to repair 30 damaged sections, "with 20 resulting in significant loss of infrastructure." #BCFloods.
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@jannarden I don't know Jann. Maybe hear him out. It sounds like he has some advice to give . on how to be insensitive.
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Porter tells @CalgaryChamber audience the bank also gets pressure from these groups over energy sector, but that @scotiabank has “made a stand, are proud of where we are and will continue to advocate for industry.”.
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Alberta is increasing the prizes in its Vaccine Lottery. Besides the 3 draws for $1M prizes, now its added 40 travel prizes through WestJet & Air Canada. They include all-inclusive luxury resort stays & flights across Canada and internationally. #ableg
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Thank you!.
Congratulations to @TaraNWeber from @BNNBloomberg on receiving the Rising Star Alumni Award from the @HaskayneSchool at @UCalgary. Well deserved! #yyc.
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What a day at work! .The province's oldest Plesiosaur fossil (approx 115 million years old!) is found by an employee operating a hydraulic shovel at the Syncrude Mildred Lake site.
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Notley: AGLC is putting an immediate halt on import of BC wine into Alberta. 2017: this worked out to 1.4M cases. Asking Albertans to choose Alberta craft beer instead.
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CP Rail says it resumed rail operations b/t Kamloops - Vancouver Yesterday. The 1st trains going to Vancouver arrived this morning - loaded grain trains & one train carrying fuel. Now attn turning to the massive backlog. CP is working closely w/customers & terminals to clear it.
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You'll be incredibly missed @greg_bonnell. Thanks so much for everything! Wish I could be at the send off tonight.
After nearly 9 years with @BNNBloomberg, we bid a very heartfelt farewell to our @greg_bonnell. Thank you for your contribution to our newsroom both on-camera and off. We wish you nothing but the best!
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Hey @Impark you like to give out parking tickets?!? Well, this guy is in a wheelchair spot. $300 ticket!! #hypocrisy
http://t.co/W48Y1fgfG0.
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Good news late on the Friday of a long weekend?.Tourmaline is issuing a quarterly cash dividend on its common shares of C$0.225/share. It will be payable on Sept 29 to shareholders of record at the close of business on Sept 15. $TOU.
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If you got a DM from 'me' asking how your trades are going, it is a SCAM. Check the user handle. It is my name with a letter changed. I am a journalist. I do not give advice or sell anything. Please report the user.
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Conservative Leader @erinotoole: “At a time when both countries need to focus on job creation, and strengthened bilateral relations, I call on the Prime Minister to immediately reach out to the incoming U.S. administration to stop this from happening.”.
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Brian Porter, CEO of Scotiabanks tells @CalgaryChamber that previous Canadians had courage to say “yes” to big projects. They helped build a country that’s the envy of of the world. Asks: “When did we stop being a country that says ‘yes’?”.
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Elliott Investment Management calls for shake up at @Suncor Energy. Wants new 5 new board members, Strategic & Management reviews. Believes more than $30B in value can be unlocked for shareholders. $SU.Elliott has set up
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Cenovus is announcing $50M to help address indigenous housing crisis in northern Alberta - The single largest community investment in the company’s history. $CVE is committing $10M per year for 5 years to build new homes in 6 First Nations and Métis communities.
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Bonnie George of the Wet'suwet'en is speaking with @AndrewBellBNN on Commodities. Says there are members of the community who don't want to speak out in favour of the @CoastalGasLink pipeline project out of fear of bullying, being called a 'traitor.'.
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Trans Mountain says the cost increases are due to issues such as inflation and global supply chain challenges, the BC floods and unexpected archaeological discoveries. Now says it plans to deliver oil to its Westridge Marine Terminal in Burnaby during the Q1/2024. #TMX.
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$672. Ouch.
So … this happened early this morning: A Consume Cannabis in a Motor Vehicle ticket was issued. Just like alcohol, consuming cannabis is legal - and like alcohol, consuming it in your vehicle is **not**. #KnowYourRole
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BREAKING: Multiple sources confirm @Lukoil - the second largest oil company in Russia - is eyeing a 48% stake in Canadian O&G exploration company @VelvetEnergyLtd. Details by @forgefirst here on @BNNBloomberg: . #OOTT #oil #abpoli #cdnoil.
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Alberta's oil curtailment policy will expire on Dec. 31. @SonyaSavage notes it's not needed, the market is working as it should - oil production is within export capacity & storage levels are expected to remain within the normal range of operations. #abpoli.
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“The Biden administration’s plea for more oil confirms there will continue to be demand for Canadian and Alberta energy, and highlights the need for affordable and reliable energy as the world seeks to lower emissions.".@sonyasavage will be on @BNNBloomberg at 1:30 MT / 3:30 ET.
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@garquake Hahah! I can't own the stocks I cover. Too bad as it's is up more than 11% right now. I hope you benefitted! $SU.
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@traceymschultz @BoyerMichel @glen_mcgregor Hahahah. I know. They pretend they're just shy or fast asleep and then as soon as the cameras come on.
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CN Rail says movements have resumed on its rail line along the Kamloops-Vancouver corridor. @CNRailway crews will continue to monitor both infrastructure and terrain over the coming days and weeks.
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The Supreme Court of Canada has dismissed B.C.'s appeal to halt certain shipments on the Trans Mountain Expansion. More details:
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A dubious honour for B.C. It's getting harder for many just scraping by.
British Columbia becomes first Canadian province to hit $2/litre average mark.
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Suncor to own 100% of Fort Hills, along with its 100% ownership of Firebag & MacKay River in-situ assets. Kruger: acquisition addresses "a key uncertainty," providing $SU with add'l long-life bitumen supply to fill its Base Plant upgraders after the end of Base Mine life. #oott.
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Wow. just a sense of some of the damage that rail companies are dealing with right now. #BCFlood.
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Asked if Nation is largely in favour of pipeline, George says "it's obvious because all of our community signed on.".Adds it's "So disheartening to see" the news. "People are so quick to jump on the bandwagon. Why don't you reach out and see how this is affecting our elders?".
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Got the cat a brand new plush bed!! . She’s fallen in love with the cardboard box it came in. #typicalcat
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Sad. 'How CBC's $34 per capita subsidy stacks up against other public broadcasters around the world: http://t.co/kpWdUVla7M' (HT @iD4RO).
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I can just imagine my dad absolutely losing his mind if anyone tried to do this at my parents' house.
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With so many people doing Skype interviews/hits into the news from home, I'm enjoying getting a look inside their houses! .Although I have to admit, I'm still waiting for a messy kitchen, accidental wandering pet, or loud toddler to pop up in the background.
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All geared up for opening day of he #CalgaryStampede.We have a full day of coverage lined up on @BNNBloomberg with special guests on the state of Calgary's economy . but so far we've been dealing with technology problems! Stand by #allinadayswork
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Bloomberg: JPMorgan says $185/bbl oil in view by end of year if Russian supply hit persists.H/T @Devikakrishnak.
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Suncor is responding to a death at its Base Plant. Spokesperson: “We are deeply saddened to confirm that the incident resulted in a fatality of a contractor worker.".Comes as @Suncor is under pressure from an activist investor after some safety/operational issues.HT @roberttuttle.
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@garquake @BNNBloomberg @BubleQe @EnergyCynic Yes, $TOU is announcing a new Joint Development Agreement in a little over an hour. It's being described as a "first-of-its-kind initiative" to accelerate its emissions reduction plans.
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Dozens of pro-pipeline supporters chanting "build that pipe" outside of Kinder Morgan Canada's AGM in #yyc. Cars driving by honking in support. #TransMountain @BNNBloomberg
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Numerous vehicles driving by initially giving rude gestures to protestors. once they realize there are pro-pipeline protestors here, they are honking, giving thumbs up #stopKM #TransMountain.
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Plan is to help heavy-duty trucks and commercial fleets to transition to the use of CNG. NA logistics giant Mullen Group will support as an early adopter. Clean Fuels: plan to start with 4 stations, growing to 15 by 2026.
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Parkland Corporation says it has begun ramping-up processing operations at the Burnaby Refinery thanks to the restart of the @TransMtn pipeline, the primary source of crude oil feedstock to the refinery. #bcfloods #TransMountain.
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For more context, we haven't seen prices this high since February 5, 2014. Almost a decade ago. #OOTT #naturalgas
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@Stephanie4BC @AirCanada Mine JUST got trashed by @Lynx_Air last week. Will be a month for the new part and no idea what to do about all the scratches. Flying with @WestJet next week. Am trying to get the chair onboard so I don’t have to keep dealing with this. #RightsOnFlights.
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Big Canadian Oil Patch news: @HuskyEnergy Proposes to Acquire @MEGEnergyCorp for $11 per Share in Cash & Shares in Transaction Valued at $6.4 Billion.
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Pro-pipeline rally taking place across from @Fairmont_PAL where Federal Finance Minister @Bill_Morneau is speaking. Chanting “let us work” and “build that pipe.”
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@t53832766 @BNNBloomberg Thanks for your feedback. I can completely understand that from a viewer, but how do you suggest that can happen with fewer and fewer people all the time and now with even less time in their day?.
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