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Tag Archives: oilsands
Massive Fire Burns At Gateway Town To Alberta’s Oilsands; 30,000 Evacuated
Massive Fire Burns At Gateway Town To Alberta’s Oilsands; 30,000 Evacuated Residents of neighborhoods in the Canadian boomtown of Fort McMurray – considered the gateway to Alberta’s oil sands as the Athabasca oil sands are roughly centered around the town – are under mandatory evacuation as a massive wildfire has jumped across Highway 63 and […]
“It’s A Bloodbath” – Here Is The Biggest Casualty Of Canada’s Recession
“It’s A Bloodbath” – Here Is The Biggest Casualty Of Canada’s Recession In the past year, we have extensively profiled the collapse of ground zero of Canada’s oil industry, Calgary, as a result of the plunge in the price of oil, in posts such as the following: “Canada Crude Contagion: Calgary Home Prices Drop Most […]
Keystone XL may be dead. The oilsands probably aren’t
Keystone XL may be dead. The oilsands probably aren’t Low petroleum prices mean new projects are on pause, but existing production won’t disappear The oilsands are producing more than two million barrels per day from long-term projects that are very difficult to shut in. The transport network is like a game of whack-a-mole: One access […]
Transcanada Just Killed The Keystone XL Pipeline
Transcanada Just Killed The Keystone XL Pipeline In an ironic twist, just hours after we discussed the record capital outflow from Canada, resulting from the plunge in oil prices and the mothballing of Canada’s energy industry, Obama’s long-desired goal of killing the Keystone XL pipeline has finally come true. Moments ago, the WSJ reported that […]
Canadian Election: A Study in Values
Canadian Election: A Study in Values Those who work on climate change were both chuffed and chagrined by its role in Canada’s federal election campaign, which peaked last week with the victory of Liberal leader Justin Trudeau and defeat of Conservative incumbent Stephen Harper. “The environment” – a catch-all concept that often encompasses concern about […]
Explosion At Syncrude’s Mildred Lake Site, All Workers Are Safe
Explosion At Syncrude’s Mildred Lake Site, All Workers Are Safe FORT MCMURRAY, Alta. — An explosion at a Syncrude oilsands processing site near Fort McMurray has interrupted operations at the facility. Ryan Bartlett with the Alberta Energy Regulator says the blast happened early Saturday morning at Syncrude’s Mildred Lake site. Bartlett says in an email that the […]
Oilsands companies feel the pain as Canadian oil price falls
Oilsands companies feel the pain as Canadian oil price falls Alberta companies at break-even point or losing money as heavy crude sinks below $24 US a barrel A drop in Canadian oil prices this week means companies in Alberta’s oilsands are breaking even or losing money on their operations. Currently, oilsands companies are receiving about […]
Spin Cycle: Will all of the oilsands be developed?
Spin Cycle: Will all of the oilsands be developed? Toronto Centre NDP candidate not the only one to suggest some oilsands ‘may have to be left in the ground’ “A lot of the oilsands oil may have to stay in the ground.” — NDP candidate Linda McQuaig on CBC News Network’s Power & Politics Alberta’s oilsands seem to always be […]
Syncrude bird deaths, Nexen pipeline spill show oilsands’ degradation of ecosystem: First Nation
Syncrude bird deaths, Nexen pipeline spill show oilsands’ degradation of ecosystem: First Nation ‘Something is seriously wrong,’ says Athabasca Chipewyan First Nation The recent bird deaths at a Syncrude oilsands facility in northern Alberta along with last month’s Nexen Energy pipeline spill — one of the biggest in the province’s history — show the need for better oversight, a local […]
Stop oilsands expansion, Canadian and U.S. researchers say
Stop oilsands expansion, Canadian and U.S. researchers say Group cites concerns about carbon pollution, environmental contamination, aboriginal rights More than 100 Canadian and U.S. researchers are calling on Canada to end expansion of its oilsands, for 10 reasons that they describe as “grounded in science.” “Based on evidence raised across our many disciplines, we offer […]
OPEC is frying bigger fish than just Canada’s oilsands
OPEC is frying bigger fish than just Canada’s oilsands OPEC keeping the taps wide open, letting Saudi Arabia pick off many birds with one stone OPEC’s masterminding of the world oil market is leaving Canada to wonder where exactly our reeling energy industry fits within the scheme of the cartel’s strategic thinking. By leaving its production […]
Canada needs to confront its oilsands ‘challenge,’ German ambassador says
Canada needs to confront its oilsands ‘challenge,’ German ambassador says Observers say Canada and Japan are attempting to block ‘decarbonization’ pledge from G7 declaration Germany’s ambassador to Canada says Ottawa’s new targets to cut carbon pollution mean it will have to tackle the problem of the oilsands. In an interview with CBC News, Ambassador Werner […]
Rising carbon emissions from oilsands a ‘unique’ challenge, federal cabinet told
Rising carbon emissions from oilsands a ‘unique’ challenge, federal cabinet told Canada may need international emissions credits to offset increasing emissions from oilsands Greenhouse gas emissions from increasing oilsands production will rise faster than Canada’s ability to curb them, the federal government was warned before new emissions reduction targets were announced last week. Cabinet documents […]
Premiers told to rethink pipelines as they meet on climate
Premiers told to rethink pipelines as they meet on climate Pembina Institute argues projects such as Energy East would boost oilsands production and carbon emissions The Pembina Institute is warning premiers and territorial leaders they need to think about the effects of pipelines on Canada’s carbon emissions before they think about an energy strategy for […]
Layoffs, Spending Cuts Permeate Alberta’s Oilpatch On Quarterly Results
Layoffs, Spending Cuts Permeate Alberta’s Oilpatch On Quarterly Results CALGARY – There was a splattering of red ink in the oilpatch Thursday, as the steep drop in oil prices weighed on the bottom lines of some of the energy sector’s biggest names in the last three months of 2014. Oilsands producer Cenovus Energy Inc. (TSX:CVE) […]
