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TAR SANDS OPERATIONS GO FROM BAD TO WORSE: Now Losing Billions A Month
TAR SANDS OPERATIONS GO FROM BAD TO WORSE: Now Losing Billions A Month The situation at Canada’s Alberta Tar Sands Operations has gone from bad to worse as the super-low oil price is now costing the industry billions of dollars each month. Unbelievably, the price for the Western Canadian Select heavy oil fell to a […]
Canadian Oil Producers Divided On Output Cuts
Canadian Oil Producers Divided On Output Cuts Crude oil producers in Alberta appear to be split on a proposed cut in production amid record-low prices, Canadian media report. One of the large Canadian oil producers, Cenovus Energy, is calling upon the government of Alberta to mandate temporary production cuts at all drillers in a bid […]
Canadian Oil Producer Calls For Production Cap Amid Record Low Prices
Canadian Oil Producer Calls For Production Cap Amid Record Low Prices One of the large Canadian oil producers, Cenovus Energy, is calling upon the government of Alberta to mandate temporary production cuts at all drillers in a bid to ease Canadian bottlenecks that have resulted in Canada’s heavy oil prices tumbling to a record-low discount […]
In Major Defeat For Trump, Judge Blocks Construction Of Keystone XL Pipeline
In Major Defeat For Trump, Judge Blocks Construction Of Keystone XL Pipeline In a setback for the Trump administration, a federal judge in Montana temporarily halted construction of the Keystone XL oil pipeline late on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the […]
Petro Politics and Trudeau’s Sordid Pipeline Deal
Petro Politics and Trudeau’s Sordid Pipeline Deal Behind the spin, the reality is clear — taxpayers and the environment lose in the pipeline debacle. Alberta Premier Rachel Notley and Prime Minister Justin Trudeau are ignoring the law, economics and the environment in backing the Trans Mountain pipeline. Photo from trumpvstrudeau, Creative Commons licensed. “Petroleum is […]
Carbon price wars–BC, Ontario or Quebec?
Carbon price wars–BC, Ontario or Quebec? The question of how the Canadian provinces should deal with the issue of greenhouse gas emissions continues to be contentious and occasionally acrimonious. The new provincial government of Ontario has declared its intention to cancel that province’s cap-and-trade system—referring to it as “a punishing, regressive tax that forces low-and […]
Disaster Hits Canada’s Oil Sands
Disaster Hits Canada’s Oil Sands Kinder Morgan said it would halt nearly all work on a pipeline project that is crucial to the entire Canadian oil sands industry, representing a huge blow to Alberta’s efforts to move oil to market. Kinder Morgan’s Trans Mountain Expansion is the largest, and one of the very few, pipeline […]
Alberta’s Aggressive Renewable Energy Push
Alberta’s Aggressive Renewable Energy Push One Canadian province has set its sights on generating almost a third of its electricity from renewable sources by 2030. This will take some US$7.77 billion (C$10 billion) in investments by that year to add 5 GW of renewable capacity, creating more than 7,000 jobs. The province is Alberta—the center […]
North America’s Next Big Shale Play
North America’s Next Big Shale Play The oil price crash of 2014 not only weighed on Canada’s oil sands industry, but it also directed more company investment into shorter-cycle shale projects in the U.S. at the expense of more capital- and energy-intensive oil sands production in Canada. While the oil sands will continue to be […]
Alberta Approves Suncor Tailings Plan Despite Reliance on ‘Unproven Technology’
Alberta Approves Suncor Tailings Plan Despite Reliance on ‘Unproven Technology’ The Alberta Energy Regulator (AER) has approved a tailings management plan from oilsands giant Suncor, despite the plan relying on “newly patented, unproven technology” that will require decades of monitoring. Wednesday’s decision came only six months after the AER rejected Suncor’s proposed plan for the same […]
The Real GHG trend: Oilsands among the most carbon intensive crudes in North AmericaOilsands at 50 Series – The Real Cost of Development, Part 1
The Real GHG trend: Oilsands among the most carbon intensive crudes in North America Oilsands at 50 Series – The Real Cost of Development, Part 1 The Oil-Climate Index suggests that the oilsands generate 2.2 times as many emissions per barrel than the average crude extracted in North America. Photo: Jennifer Grant Over the past 50 years, […]
How Oil Hijacked Alberta’s Politics: Behind the Curtain With Former Liberal Leader Kevin Taft
How Oil Hijacked Alberta’s Politics: Behind the Curtain With Former Liberal Leader Kevin Taft For decades, Kevin Taft has served as a thorn in the side of Alberta’s provincial government. In his new book, Taft, who served as a Liberal MLA between 2001 and 2012, and as leader of the Alberta Liberal Party — the province’s […]
Canada’s Largest Shale Play Is Gaining Momentum
Canada’s Largest Shale Play Is Gaining Momentum The National Energy Board of Canada released a resource assessment today, examining the Duvernay Shale of Alberta. Deposited during the Devonian Period, the Duvernay Shale is located throughout central Alberta, running from Grande Prairie almost to Calgary. Located near, and in some locations directly below the Montney, the […]
‘Get lined up’: Alberta gas producer’s demise leaves long list of creditors and costly messes
‘Get lined up’: Alberta gas producer’s demise leaves long list of creditors and costly messes Who will have to pay to clean up after Lexin Resources? Maureen and Wendell Strong have two former Lexin Resources natural gas wells on their land near Nanton, Alta. The province’s energy regulator shut down the struggling company back in […]
Rising oil production will push Alberta economy to fastest growth in country in 2017: Conference Board
Rising oil production will push Alberta economy to fastest growth in country in 2017: Conference Board Solid increases in oil production, Fort McMurray rebuild will be the difference in Alberta this year The Conference Board of Canada forecasts Alberta will see a 2.8 per cent growth in real GDP in 2017. (Larry MacDougal/Canadian Press) After […]
