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Has Suncor Seen the Climate Crisis Coming for 61 Years?
Has Suncor Seen the Climate Crisis Coming for 61 Years? A US lawsuit wants the oilsands producer to pay for global warming havoc. Did Canada’s largest oil producer learn about climate change as early as 1959, develop a massive bitumen industry in northern Alberta knowing the atmospheric damage it would cause, and then take part […]
As Election Nears, Canada’s Biggest Oil Firm Is Noticeably Quiet
As Election Nears, Canada’s Biggest Oil Firm Is Noticeably Quiet Conservative Leader Andrew Scheer says he’s Canada’s energy ‘champion.’ Yet he opposes climate policy Suncor supports. As we race towards a federal election that will determine if and how Canada responds to the climate emergency, one central player is noticeably absent. Suncor is without 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 […]
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 […]
Oil industry pushing for carbon tax in Alberta
Oil industry pushing for carbon tax in Alberta But if heavy emitters are going to pay, they want consumers to share the burden The biggest players in Canada’s oil and gas industry are urging Alberta’s government to step up its environmental policies and introduce a carbon tax. Alberta already has carbon pricing, but the program […]
100,000 Layoffs and Counting: Is this the New Normal?
100,000 Layoffs and Counting: Is this the New Normal? This time a year ago, the oil industry’s biggest problem was finding a way to deal with the “retirement tsunami” about to crash down on it as older oilfield workers hung up their cork boots to enjoy freedom-55. Now, with oil prices still in the doldrums, […]
Canada Crude Contagion: Calgary Home Prices Drop Most In 2 Years
Canada Crude Contagion: Calgary Home Prices Drop Most In 2 Years For the 2nd month in a row, home prices in Calgary – corporate hub of Canada’s oil industry – have fallen. This is the biggest 2-month-drop in almost 2 years (and comes on the heels of yesterday’s news that Suncor is slashing jobs and capex). As Bloomberg […]
Suncor to cut 1,000 jobs in response to low oil prices
Suncor to cut 1,000 jobs in response to low oil prices Energy firm to cut $1B from capital spending, delay work on some projects Oilsands giant Suncor Energy says it will cut approximately 1,000 jobs and reduce its 2015 spending plans in response to lower oil prices. The job cuts will primarily affect contract workers, […]
Suncor facility in Rimouski leaked thousands of litres of gasoline – Montreal – CBC News
Suncor facility in Rimouski leaked thousands of litres of gasoline – Montreal – CBC News. Thousands of litres of gasoline leaked from a Suncor facility in Rimouski, Que., on Thursday evening, said a spokesman with the company. Residents living near the facility called police to complain about a strong gas smell. Staff found a small crack […]
Suncor facility in Rimouski dealing with gasoline leak – Montreal – CBC News
Suncor facility in Rimouski dealing with gasoline leak – Montreal – CBC News. A Suncor facility in Rimouski, Que. has been leaking gasoline since early yesterday evening. Firefighters and Quebec’s environmental emergency team are on the scene, trying to fix the leak and clean up the spilled gas. Emergency responders were alerted to the leak at […]
