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Our Jacques Benoit talks gas prices—and our refinery

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…

B.C. company promoting green refinery project —Estevan (SK) Mercury.

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…

PACIFIC FUTURE ENERGY SUBMITS REFINERY PROPOSAL TO REGULATORS – AMERICAN ENERGY NEWS

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…

ENVIRONMENT: PACIFIC FUTURE ENERGY IS COMMITTED TO DOING THINGS THE RIGHT WAY IN NORTHERN B.C. — VANCOUVER SUN

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…

Opinion: First Nations should focus on industry – Vancouver Sun

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…

Stockwell Day pitches ‘Canada’s greenest refinery – BUSINESS IN VANCOUVER

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 recruits former First Nations chiefs to help launch project

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…

Alberta needs B.C. to get its oil to Asian markets, but B.C. doesn’t really need Alberta for much of anything. Or does it? – BC BUSINESS

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…

The Heart of the Matter

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…

Energy Builders

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…

Voice of BC – Oil Refineries For BC

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…

Oil Refining In Canada Makes Sense – Market Wired

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…

Will Stockwell Day’s no-subsidy, pro-aboriginal green refinery fly?

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…

Vancouver Sun – Opinion: Refining lets us control our oil

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…

Opinion: Refining lets us control our oil – Vancouver Sun

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…

Ewart: Day joins firm with bold B.C. refinery plan – Calgary Herald

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 –…

Stockwell Day joins push for $10B B.C. oil refinery to resolve his ‘irritation’ over dependence on U.S. – Financial Post

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…

Is This $10 Billion Project the Key to Unlocking Canada’s Oil Riches?

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:…

Huffington Post – ‘World’s Greenest’ Refinery Pitched For B.C. Coast

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…

Canadian Business – A new player in B.C.’s energy industry promises “the greenest oil refinery ever built”

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…

Daily Oil Bulletin – Vancouver Group Proposing To Build “Green Refinery” Near Prince Rupert

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…

WSJ – Vancouver Firm Eyes British Columbia Refinery

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…

Financial Post – Vancouver company pitches $10B oil sands refinery on the B.C. coast it says would be ‘world’s greenest’

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…

Global News – $10 billion bitumen refinery announced for north coast

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…

Calgary Herald – ‘World’s greenest’ refinery pitched to process oilsands crude on B.C. coast – Calgary Herald

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.…

Yahoo Finance – Pacific Future Energy Corp. Announces $10-Billion Bitumen Refinery Project for B.C. North Coast

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…

News Releases

Gasoline prices underline need for new refinery

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 named PFEC president

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…

PFEC project referred to environmental review panel

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…

WALLY OPPAL JOINS OUR ADVISORY BOARD

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 files full project description

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 joins our Advisory Board

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…

JV Driver joins Pacific Future Energy team

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…

Alberta firm helps BC toward world’s greenest refinery

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…

PACIFIC FUTURE ENERGY, SNC-LAVALIN AND A-IN-CHUT BUSINESS GROUP ANNOUNCE PARTNERSHIP

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…

Dave Coles Joins Advisory Board of Pacific Future Energy

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…

Day: B.C. refinery would add value to Alberta oil

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…

Jacques Benoit Joins Pacific Future Energy as Senior Vice President-Engineering

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…

SHAWN A-IN-CHUT ATLEO AND OVIDE MERCREDI JOIN PACIFIC FUTURE ENERGY

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…

STOCKWELL DAY JOINS PACIFIC FUTURE ENERGY

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,…

Pacific Future Energy Corporation Applauds Supreme Court of Canada in its Landmark decision in support of Tsilhqot’in National Government

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…

British Columbians support a refinery, new poll says

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…

Pacific Future Energy Corp. Announces $10-Billion Bitumen Refinery Project for B.C. North Coast

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…

Backgrounder: Frequently Asked Questions

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…