On Thursday, Alberta Innovates announced it has launched a new clean technology initiative called the Carbon Fibre Grand Challenge. The Carbon Fibre Grand Challenge is a $15 million international competition created to accelerate the development [Read more]
By Simon Dyer This article was published by Pembina Institute on Dec. 11, 2019. Throughout the Pembina Institute’s 35-year history, we have been dogged in our efforts to stand up for Albertans. We have developed [Read more]
This article was published by the National Energy Board on Oct. 3o, 2019. The Government of Alberta capped Alberta crude oil production at 3.56 million barrels per day (MMb/d) on 1 January 2019. This was in response to Alberta crude [Read more]
On Friday, oil sands giant Suncor released its annual Report on Sustainability which details the company’s environmental, social and economic performance. Also available within the report is the company’s third Climate Risk and Resilience Report. [Read more]
A Friday tweet from energy reporter Shawn McCarthy pulled back the curtain a bit on Premier Jason Kenney’s off-the-record view of climate change: “investor concerns about climate risk are ‘flavour of the month’…” [Read more]
The truth is: if we care about Alberta’s energy industry and the people who work in it, everyone needs to start working together. Polarization, spurious accusations, and name-calling will not make new energy projects move [Read more]
Last August, production of condensate and pentanes plus in western Canada reached an all-time high of 414 thousand barrels per day (Mb/d); 35 per cent higher than August of the previous year. Nexen photo. Most [Read more]
The government of Alberta has offered a $440 million loan guarantee to a Calgary-based company planning to build a 77,500 barrel per day partial upgrading facility near Edmonton. Twitter photo. Oil sands upgrader will create [Read more] [Read more]
On Monday, Suncor reported record-breaking production of 831,000 boe/d for the fourth quarter of 2018. The Calgary-based company also reported record quarterly crude throughput of 468,000 bbls/d. Suncor photo. Suncor reports refinery utilization hit 101 [Read more] [Read more]
Source: ARC Financial Institute Demand for Alberta heavy crude oil is growing at the very time pipeline projects have been delayed In any war, truth is one of the earliest casualties, and it’s no different [Read more]
Source: Angus Reid Institute. “This is why the big oil sands companies are my most trusted influencer when it comes to climate change: they have skin in the game.” It’s safe to assume that no [Read more]
As part of a $6.4 billion deal, Husky Energy announced on Monday a proposal to acquire all outstanding shares of MEG Energy for $11/share. Company photo. Husky, MEG Energy company will have a total upstream [Read more]
Calgary’s Cenovus Energy says it has signed three-year agreements with major rail companies to ship about 100,000 b/d of heavy crude from Alberta to the US Gulf Coast. Company photo. Cenovus says rail strategy will [Read more]
On Monday, Suncor officials joined by Alberta Premier Rachel Notley and Energy Minister Margaret McCuiag-Boyd, opened its Fort Hills oil sand project. Government of Alberta photo. Fort Hills could generate $8 billion in royalties for [Read more]
Alberta Premier Rachel Notley along with Energy Minister Margaret McCuaig-Boyd joined officials from Nexen, First Nations companies and other local suppliers at the ceremony to kick off construction at Nexen’s Long Lake South West expansion [Read more]
Canadian Natural Resources Limited, or CNRL, announced on Friday that it will purchase the Joslyn oil sands project for a total price of $225 million. Joslyn oil sands project owned by Total SA, partners Canadian [Read more]
The application of next-generation oil recovery technology at Imperial’s Cold Lake in-situ operations, improvements in reliability at its Kearl mining facility and continuous improvements in energy efficiency are expected to be key drivers behind the [Read more]
HSBC continues to offer investment funds in Russian equities to Canadian clients. These funds are weighted more than 40 per cent to Russian energy, with holdings in Gazprom, Lukoil and Rosneft – energy brands associated [Read more]
Current extraction process at CNRL Horizon oil sands mine. Photo: CNRL CNRL plans to share IPEP technology with other oil sands miners through COSIA Alberta is a hotbed of oil and gas innovation, a story [Read more]
American investors are picking up discounted shale oil and gas assets on the cheap, preferring them to long-cycle oil sands investment, say US economists Oil and gas investment is falling in Alberta and rising rapidly [Read more]
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