By Emily Geary This article was published by the US Energy Information Administration on Sept. 9, 2020. Total US crude oil production grew by 1.24 million barrels per day (b/d) (11 per cent) in 2019. This [Read more]
Pembina Institute released a report last month showing how rising oil sands emissions are conflicting with Canada’s 2030 and 2050 climate commitments. The report from the energy think tank also shows how governments and industry [Read more]
By Kathy Hipple and Tom Sanzillo This opinion piece was issued on February 27, 2020 by the Institute for Energy Economics and Financial Analysis. CEO Don Lindsay of Teck Resources announced this week that his [Read more]
This article was published by COSIA on Feb 6, 2020. Mathijs Martens was sitting around a barbecue conversing with friends and family when the topic of the oil sands came up. “We were talking about [Read more]
A report issued by the Pembina Institute shows that rising GHG emissions from Alberta’s oil sands conflict with Canada’s 2030 and 2050 climate commitments. The oil sands in a carbon-constrained Canada: The collision course between [Read more]
Alberta oil sands giant Cenovus says is committing $10 million per year for five years to build much-needed new homes in six First Nations and Metis communities located near the oil sands. The company said [Read more]
Current crop of leaders making strategic mistakes that will lead to opposite outcomes Alberta needs The Alberta oil and gas industry has a fundamental strategy problem: it’s misaligned with the major energy trends of the [Read more]
Calgary based BitCrude has partnered with Melius Energy to use the BitCrude transportation solution to safely and economically transport undiluted bitumen to worldwide markets. According to BitCrude, the company has developed a process that includes [Read more]
Last week, the Alberta government announced it has approved MEG Energy’s Surmont development plan. The proposed Alberta oil sands project is located about 80 kilometres south of Fort McMurray and is forecast to produce about [Read more]
Pembina Institute along with environmental law group Ecojustice say they concerned about potential impacts the Teck Resources’ $20.6-billion Frontier Oil Sands open pit mine would have on climate after a Joint Review Panel recommended approving [Read more]
Cenovus Energy reports that its steam-assisted gravity drainage production at its Foster Creek and Christina Lake facilities in the Alberta oil sands topped one billion barrels this month. According to the Calgary-based company, Cenovus is [Read more]
The Alberta government is in consultations with large emitters, including oil and gas, to come up with a plan to replace the former NDP government’s Carbon Competitiveness Incentive Program. By Jan. 1, 2020, the Kenney [Read more]
This article was published by the National Energy Board on June 12, 2019. Crude oil is one of Canada’s top five highest valued exports.Footnote1,Footnote2 Between 2013 and 2018, the value of crude oil exports ranged [Read more]
Nauticol Energy announced it will build a $2 billion methanol facility in northwestern Alberta. The Grande Prairie methanol plant is expected to create about 3,000 direct and indirect jobs, including 1,000 construction jobs and over [Read more]
Steve Williams is retiring from oil sands giant Suncor. He will officially retire at the company’s annual general meeting next May. Mark Little has been chosen to lead the Calgary-based company. Getty Images/Bloomberg photo by [Read more]
Husky Energy says it will boost its downstream capacity, which will insulate the company from recent large heavy oil discounts, if it is able to complete its hostile takeover effort of MEG Energy Corp. CP [Read more]
Canadian Natural Resources Limited, or CNRL, announced on Thursday that its Athabasca Oil Sands project has hit a production milestone of 1 billion barrels. Shell photo. Athabasca Oil Sands project owned by CNRL, Chevron, Shell [Read more]
According to a report by Reuters, ConocoPhillips is in talks with investment banks in preparation for the sale of its $2.6 billion stake in Cenovus Energy, a major Alberta oil sands company. Cenovus photo. Cenovus [Read more]
Canadian Natural Resources Ltd, or CNRL, says it will drop its output this spring as bottlenecks in crude transportation in Canada continue to pressure oil prices. CNRL photo. CNRL shares down 2 per cent Thursday [Read more]
Suncor CEO Steve Willimas said he is confident both the Kinder Morgan Trans Mountain and Enbridge Line 3 pipelines will be built. Suncor photo. Suncor CEO says high Canadian discount had no impact on earnings [Read more]
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