Pacific Future Energy
CKNW’s Steele & Drex: B.C. company proposes new gas refinery to combat rising prices With gas prices in Metro Vancouver reaching a record high, paying almost $1.50 a litre is a frustrating reality for most drivers. Part of the frustration can be traced back to a province-wide decision to reduce the number of refineries in…
— Alberta Oil Magazine 11 August 2016 It’s cheap, it’s safe and it’s practically harmless if spilled. So why isn’t raw bitumen-by-rail gaining more traction with industry and government? By MARKHAM HISLOP Albertans are mad as hell about pipelines. They’re mad in news stories and op-eds, they’re mad in the Legislature, and, boy, are they…
Pacific Future Energy is moving ahead with a proposal that was first brought to light in mid-January and is now receiving additional attention at various governmental levels. Pacific Future’s proposal to build and operate the world’s greenest bitumen-to-fuels refinery in northwestern B.C. is receiving a hearing from local First Nations governments as well as federal…
One company is proposing a game-changer for the way Alberta transports oil. Pacific Future Energy wants to build a refinery on the West Coast by 2021 that would handle only a special type of bitumen. It’s called neatbit and it’s a type of oil shipped by rail in specially designed cars. Speaking to 630CHED’s Brenton Driedger, Markham Hislop…
posted January 19, 2016 A proposed new refinery on Canada’s West Coast may have the solution to the problems of shipping Alberta oil sands dilbit by pipeline to American and Asian markets. Diluted bitumen, known as dilbit, contains 30 per cent diluent that has to be added by the producer before the product is shipped…
posted 19 January 2016 Pacific Future Energy submitted its formal proposal to build and operate what it calls the “world’s greenest bitumen-to-fuels refinery” using bitumen from Alberta’s oil sands last week. The proposal was submitted to the BC Environmental Assessment Office, the Canadian Environmental Assessment Agency, and Northwestern BC First Nations governments, the company said in a…
It’s quite an environmental claim: “The world’s cleanest, greenest, bitumen-to-fuels refinery.” But this is our commitment at Pacific Future Energy Corporation, as we develop our plans to build this refinery in northwestern B.C. We will do so through advanced technology and expertise, with the cleanest power, the highest amount of water recycling and treatment, the…
A recent proposal for a project to ship refined petroleum products off the North Coast has come out ahead of the game compared to others, says a First Nations leader whose traditional territory takes in the proposed site. “They seem to have it way more together,” said Kitselas chief councillor Joe Bevan, in comparing the…
Backers of a proposed B.C. refinery want to transport Alberta bitumen in solid form inside tank cars along Canadian National Railway Co.’s existing lines and convert the substance into diesel and gasoline at a site north of Kitimat. Pacific Future Energy Corp. executives, who are seeking to export refined petroleum products to Asia, say the…
By Yadullah Hussain | January 26, 2015 5:56 PM ET TORONTO • The company proposing a $11-billion heavy oil refinery in British Columbia is pushing ahead with the project despite market volatility and is seeking $25-million in financing, according to its chairman, Samer Salameh. “We are raising $25 million and that would take us to…
Pacific Future Energy plans to build world’s greenest refinery in B.C. By Ovide Mercredi, Special to the Vancouver Sun, Photograph by: Ian Smith, PNG Canada will be celebrating 150 years since Confederation in just two years. What will First Nations celebrate? When I think about that, I think about my nation, the Misipawistik Nation, which…
Pacific Future Energy refinery proposed for Prince Rupert would be half the cost of David Black’s $22 billion Kitimat Clean “Canada’s greenest refinery” would cost $10 billion to build but would generate $1 billion a year in profits, says former Conservative cabinet minister Stockwell Day, chairman of the advisory committee for Pacific Future Energy. That’s…
Pacific Future Energy, undaunted by industry skepticism over its plans to build a B.C. bitumen refinery, has recruited two former national chiefs of the Assembly of First Nations to help launch the venture. Shawn Atleo has been named to the company’s management roster as senior adviser of partnerships for the project. The proposal envisions taking…
Advisory board chair Stockwell Day calls First Nations appointments a ‘good start’ Just two short hours after being replaced by Perry Bellegarde as chief of the Assembly of First Nations (AFN), Shawn Atleo was unveiled as the new senior advisor, partnerships, for Vancouver-based Pacific Future Energy Corp.—one of three companies bidding to build an oil…
Pacific Future Energy appoints two former national chiefs to advisory positions Vancouver-based Pacific Future Energy has appointed two former First Nations chiefs to its team. The company is one of two with ambitious proposals to limit damage from a massive oil spill by refining oilsands bitumen on the B.C. coast and then shipping the lighter,…
CALGARY – Two high-profile aboriginal leaders are expected to join the Pacific Future Energy Corp. proposed heavy oil refinery project in British Columbia in advisory roles. The company is expected to announce Wednesday that Shawn Atleo and Ovide Mercredi, both former national chiefs of the Assembly of First Nations, will join the Vancouver-based company. Pacific…
Evaluating the politics of pipelines, and the often fraught relationship between Western Canada’s powerhouse provinces Early in her tenure as British Columbia’s 35th premier, Christy Clark set in motion a plan to grow her province’s national clout by unlocking the West’s energy resources. Along with her counterparts in Alberta and Saskatchewan, Clark unveiled plans to…
A New Way of Doing Business with First Nations: Interview with Jeffrey Copenace Pacific Future Energy’s commitment to build and operate the world’s greenest refinery on British Columbia’s north coast is motivated by their belief that it is in Canada’s national strategic interest to gain access to international markets for Alberta’s oil, especially the fast…
Photo credit Todd Korol – Financial Post Samer Salameh, chairman of Pacific Future Energy, wants to build the $10-billion, 200,000-barrels-a-day first phase of its refinery even if no pipelines to the West Coast move ahead. The last time Canada’s oil industry was pitched a bold plan to build a large heavy oil refinery on the…
The skeptics who believe it’s not financially viable to build and operate an oil refinery on British Columbia’s north coast simply don’t understand the business model, says Robert Delamar, CEO of Pacific Future Energy, whose company is planning to do just that. “We are well past the need to defend the economic viability of our…
While the media and public’s attention has been primarily on developments like LNG, Northern Gateway and Site C, there is another resource proposal being pitched. In fact two companies are currently looking at and investing research capital into oil refineries for BC’s coast. Jeffrey Copenance from Pacific Future Energy and David Black from Kitimat Green…
Third-party economist’s report shows value-added enterprises would be highly profitable in Alberta EDMONTON, ALBERTA–(Marketwired – Oct. 6, 2014) – A new, comprehensive report on the economics of upgrading and refining in Western Canada shows that an integrated upgrader-and-refinery plant would be highly profitable if it were built in Alberta today. The report, entitled “Upgrading Our…
Stockwell Day’s refinery project on the B.C. north coast leaves little room for error. The Pacific Future Energy refinery, proposed by the firm of the same name and headed by several men with experience outside of the refining business, must build a plant against a backdrop of closing refineries across Canada, convince local First Nations…
David Black is used to it by now. Ever since the newspaper magnate went public in 2012 with his idea to build a West Coast refinery that would process Alberta bitumen into gasoline, jet fuel and diesel for export, his plan has been met with skepticism at almost every turn. It’s easy to understand why.…
By Stockwell Day, Special to the Vancouver Sun August 28, 2014 Canada has a problem. We are blessed with a resource — oil — needed by people around the world but we’re selling 99 per cent of that resource to one customer, the United States. We’re selling it at a significant discount. We do this…
We must build the world’s greenest refinery to build our future and protect our coast Canada has a problem. We are blessed with a resource — oil — needed by people around the world but we’re selling 99 per cent of that resource to one customer, the United States. We’re selling it at a significant…
Stockwell Day has joined the leadership team of a Vancouver company that’s planning to build a $10-billion oil sands refinery on the West Coast. The former politician, who has held high-profile cabinet posts in the federal and Alberta governments, has been hired as a special adviser at Pacific Future Energy Corp. and will sit on…
Stephen Ewart, Calgary Herald 08.21.2014 Former Alberta and federal cabinet minister Stockwell Day says he’s not a “trophy in the window” or a conduit to government investment in his new role with an upstart company proposing an ambitious oil refinery project on the B.C. coast. And ambitious is a polite way of saying risky –…
Claudia Cattaneo | August 21, 2014 12:06 PM ET Proponents of controversial energy projects seem to be putting increasing value on the bare-knuckle experience gained in politics to help manage potentially conflicting industry, community, aboriginal and environmental interests. Stockwell Day, the former federal international trade minister and former Alberta treasurer, has joined the management team…
By Matt DiLallo – June 16, 2014 Although Canada has the world’s third-largest oil reserves, it’s having trouble getting that oil out. Not only are the oil sands expensive to extract, but getting the oil out of Alberta and to customers is proving to be an even more difficult venture. Pipeline projects like TransCanada’s (TSX: TRP)(NYSE:…
CP | By Lauren Krugel, The Canadian Press Posted: 06/10/2014 10:51 am EDT | Updated: 06/11/2014 1:59 am EDT CALGARY – A Vancouver company is pitching a $10-billion oilsands refinery on British Columbia’s north coast that aims to connect Alberta’s vast energy resources with Asian markets while avoiding some of the pitfalls others have encountered. Pacific Future…
Homegrown west-coast energy investors emerging as oilpatch heavyweights get bogged down Jun 11, 2014 Michael McCullough 0 From the time Enbridge began talking publicly about Northern Gateway almost a decade ago, the oil pipeline project—which is expected to get federal cabinet approval any day now—got off on the wrong foot by the company’s lack of…
Privately-held Pacific Future Energy Corp. says it is in the early stages of planning a $10B oil refinery on Canada’s west coast that it claims would be “the world’s greenest refinery” and built in full partnership with British Columbia’s First Nations, many of whom are strongly opposed to proposals to ship crude to the west…
Daily Oil Bulletin Tue Jun 10 2014 With a looming June 17 deadline for a federal government decision on Enbridge Inc.’s proposed Northern Gateway pipeline, a Vancouver-based company is proposing to build and operate what it describes as “the world’s greenest refinery” on British Columbia’s North Coast. Pacific Future Energy Corporation said today a pre-feasibility…
Pacific Future Energy Raised Initial Funding for Project, Which Is at Pre-Feasibility Stage Vancouver-based Pacific Future Energy Corp. Tuesday said it is in the early stages of planning a multibillion-dollar oil refinery on Canada’s west coast. The company, formed in January, said the proposed refinery would process heavy oil from landlocked Alberta at an as-yet-undetermined…
CALGARY — A Vancouver company is pitching a $10-billion oil sands refinery on British Columbia’s north coast that aims to connect Alberta’s vast energy resources with Asian markets, while avoiding some of the pitfalls others have encountered. Pacific Future Energy Corp. says the refinery would be the “world’s greenest” and built in full partnership with…
By Peter Meiszner Global News A Vancouver-based company with international backing is planning to build a $10 billion bitumen refinery project near Prince Rupert. Pacific Future Energy says the new refinery will be “the world’s greenest” and will be built in full partnership with First Nations. The company has already identified three sites, all in…
By Nia Williams (Reuters) – A Vancouver-based company said on Tuesday it was planning to build a C$10 billion oil refinery on the north-west coast of British Columbia that could eventually process up to 1 million barrels per day of oil sands bitumen. Pacific Energy Future Corp, which was set up in January, is looking…
CALGARY – A Vancouver company is pitching a $10-billion oilsands refinery on British Columbia’s north coast that aims to connect Alberta’s vast energy resources with Asian markets, while avoiding some of the pitfalls others have encountered. Pacific Future Energy Corp. says the refinery would be the “world’s greenest” and built in full partnership with B.C.…
VANCOUVER (NEWS1130) – There is another proposal for a refinery in BC to process heavy oil from Alberta, but details are few. Pacific Future Energy describes itself as a company created to build what it predicts will be a $10-billion bitumen refinery on the North Coast. Chairman Samer Salameh says he has more than two…
Jeffrey Jones CALGARY — The Globe and Mail A British Columbia-based consortium is proposing a $10-billion refinery for Canada’s West Coast, the second such plan aimed at winning support for processing and exporting petroleum products manufactured from the oil sands. A group called Pacific Future Energy said it wants to build a massive plant in the Prince…
Company will build the world’s greenest refinery, a near zero net carbon (NZNC) emission refinery for exporting processed Northern Alberta oil VANCOUVER, June 10, 2014 /CNW/ – Pacific Future Energy Corporation (Pacific Future Energy) announced today its plan to build and operate the world’s greenest refinery on British Columbia’s north coast. While we believe it’s…
That was the conclusion a newspaper columnist reported after big jumps in BC gas prices, attributed to the inability of current refineries to provide enough gas at the time. In Victoria, columnist Jack Knox told readers of the Times Colonist newspaper on March 31: “The price jumped seven cents a litre in a single day, to…
Jacques Benoit, Pacific Future Energy Corporation’s chief operating officer, has taken on the additional role of company president. “Jacques will lead our engineering, environmental and permitting effort through the next few years,” said Samer Salameh, executive chairman and CEO. “He’s an environmental engineer with considerable large-scale project experience. His experience and commitment in that field…
A review panel to be appointed by the federal government will conduct the environmental assessment for Pacific Future Energy’s proposed refinery. Environment Minister Catherine McKenna announced that in Ottawa, but details of the panel and its operations are not yet known. Pacific Future Energy’s CEO, Samer Salameh, said: “We look forward to working with the panel, and urge…
Hon. Wally Oppal, former BC judge, former BC attorney general, and an active community leader, has joined our Advisory Board. Born and educated in Vancouver, he graduated from the University of BC law school, and practised as a lawyer and community advocate before becoming a judge. He was appointed to the County Court in Vancouver…
Pacific Future Energy has filed with federal and provincial regulators its formal “Project Description,” which provides the public with information about its plans to build the world’s greenest bitumen refinery in northwest BC. A draft version of the project description was filed with First Nations in December 2015 and with the federal and provincial regulators…
Bruce Chan comes to our advisory board after nearly 20 years in senior positions with Teekay Corporation, one of the world’s largest marine energy transportation, storage and production companies. Prior to that, Bruce was with Ernst & Young LLC in Vancouver. He holds a Masters in Business Administration and is a Chartered Accountant and Chartered…
The JV Driver Group, an award-winning construction contractor, has joined Pacific Future Energy as an investor and partner. Founded in 1989, the JV Driver Group is a multi-national group specializing in industrial construction, fabrication, plant maintenance and marine services. It has extensive experience in oil and gas, with projects exceeding $1.2 billion. JV Driver also…
Pacific Future Energy now has submitted its formal proposal to build and operate the world’s greenest bitumen-to-fuels refinery in northwestern BC to local First Nations governments as well as to federal and provincial regulators. “This is the start of our public conversation as we work to build our economic future and protect our coast in…
Formation Liquids Logistics Limited, based in Red Deer, Alberta, and a leader in energy logistics, has announced its intention to invest in Pacific Future Energy’s proposal to build the world’s greenest bitumen-to-fuels refinery in British Columbia. Pacific Future Energy Corporation (PFEC) has submitted its proposal to federal and provincial regulators. This began a review process…
JULY 31, 2015, VANCOUVER — Pacific Future Energy Corporation (PFEC), SNC-Lavalin (TSX: SNC) and A-in-Chut Business Group (ABG) are pleased to announce a partnership based on SNC-Lavalin’s investment in a First Nations joint special purpose vehicle, controlled by ABG, to assist in pre-engineering work, building and supporting First Nations partnerships, and to support the permitting…
VANCOUVER, May 11, 2015 /CNW/ – The Hon. Stockwell Day, PC, Chair of the Advisory Board, and Senior Advisor to the management team at Pacific Future Energy Corporation (PFEC), announced today that Mr. Dave Coles, President Emeritus and founding member of Unifor, Canada’s newest and largest private sector union, has joined PFEC’s advisory board “Dave’s extensive…
By Stockwell Day What a difference a month makes. In early April, media reported my comment, “watch out for Rachel Notley, head of the New Democrats. She’s a smart woman and knows what she’s doing.” Having said that, I admit I did not anticipate she would do as well as she did. As Albertans now read…
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 20, 2015) – Pacific Future Energy Corporation (PFEC) is pleased to announce that Jacques Benoit, a 30-year engineering veteran in the oil and gas industry, has joined its management team as Senior Vice President – Engineering. Mr. Benoit will be responsible for providing the management team with the day-to-day advice…
VANCOUVER – December 10, 2014 — Today, Samer Salameh, Executive Chairman of Pacific Future Energy, announced that Shawn A-in-chut Atleo, former National Chief of the Assembly of First Nations, has joined its management team as Senior Advisor – Partnerships, and Stockwell Day, Senior Advisor, and Chair of Pacific Future Energy’s Advisory Committee, announced that Ovide…
CALGARY — The Honourable Stockwell Day, P.C. announced the appointment of two new members to the Pacific Future Energy Advisory Council today. The two new additions will continue to strengthen the company as they work to develop the world’s greenest refinery in British Columbia, Canada. “We are very pleased to announce that Jack Donald…
OTTAWA, Sept. 23, 2014 /CNW/ – The Hon. Stockwell Day, former Leader of the Opposition and head of the Canadian Alliance will speak Wednesday in Ottawa on the need to expand access for Canadian oil products to new global markets, and why a refinery is the only option that will meet the conditions needed to…
FORMER INTERNATIONAL TRADE MINISTER JOINS PROJECT TO REFINE ALBERTA BITUMEN FOR ASIAN MARKETS FOR IMMEDIATE RELEASE VANCOUVER (August 21, 2014) Pacific Future Energy Corporation (Pacific Future Energy) is pleased to announce that former International Trade Minister, former Treasurer (Minister of Finance) and Acting Premier of Alberta, and former Leader of the Her Majesty’s Official Opposition,…
For Immediate Release June 27, 2014 (Vancouver, BC) – Pacific Future Energy Corporation (Pacific Future Energy) congratulates the Tsilhqot’in National Government on their landmark legal victory at the Supreme Court of Canada, which reinforces that the Tsilhqot’in Nation has proven title to their traditional territories – the first time a declaration of Aboriginal title has ever been granted by a Canadian…
Greenest Refinery in the World Proposed for British Columbia North Coast Vancouver (June 17, 2014) – Today’s federal government approval of the Northern Gateway Pipeline brings into focus the need to protect Canada’s West Coast from a raw bitumen spill by building a refinery. Download Full Press Release Download Poll In a poll released today…
Company will build the world’s greenest refinery, a near zero net carbon (NZNC) emission refinery for exporting processed Northern Alberta oil Vancouver (June 10, 2014) – Pacific Future Energy Corporation (Pacific Future Energy) announced today its plan to build and operate the world’s greenest refinery on British Columbia’s north coast. While we believe it’s in…
What is Pacific Future Energy? Pacific Future Energy is a Vancouver-based company that has been developed to finance, design and construct the world’s greenest oil refinery in British Columbia, Canada. The management team consists of leaders from the venture capital, corporate and government sectors, who share the belief that while it’s in Canada’s national strategic…
