Canada Oilsands

Export Development Canada Devotes $750 Million To Help Oil Biz

CP | The Canadian Press | Posted 02.25.2016 | Canada Business

EDC will hand out loans or loan guarantees to oil firms with an export plan.

Saudi Minister Suggests Canada, Others Will Have To 'Get Out' Of Oil

AP/HuffPost Canada | Posted 02.24.2016 | Canada Business

Amid oil price crunch, Saudi minister preaches survival of the fittest.

84% Of Oilsands Construction Jobs To Disappear: Report

The Huffington Post Canada | Daniel Tencer | Posted 02.18.2016 | Canada Business

Automation won't help hiring either.

Oilsands Giant Suncor Posts $2-Billion Loss

CP | Lauren Krugel, The Canadian Press | Posted 02.04.2016 | Canada Business

Suncor expects oil to stay below $40 this year.

Trudeau Should 'Champion' Energy Sector, Brad Wall Says

CP | Jennifer Graham, The Canadian Press | Posted 02.01.2016 | Canada Politics

"We have a referee. It's the National Energy Board and it's the regulatory bodies and they should do their job, to be sure,"

Paris Changed Everything, So Why Are We Still Talking Pipelines?

David Suzuki | Posted 01.27.2016 | Canada
David Suzuki

With the December Paris climate agreement, leaders and experts from around the world showed they overwhelmingly accept that human-caused climate change is real and the need to curb emissions. In light of this, I don't get the current brouhaha over Kinder Morgan, Keystone XL, Northern Gateway or the Energy East pipelines.

How Notley And Wynne Can Change Canada's Energy Future

Mike Hudema | Posted 01.26.2016 | Canada Politics
Mike Hudema

Rather then talking about increasing the damage for short-term gain, Premier Wynne and Notley should be talking about how they can create jobs by collaborating on solutions. Solutions that keep carbon in the ground, create jobs, and that could benefit everyone from coast to coast to coast for generations to come. Let's make the discussion about creating good green jobs, healthy communities, and clean, renewable solutions that allow everyone to participate and benefit. It's time for Canada to build its clean energy dream not expand its tarsands nightmare.

No Joke: Minus-50 Cents For A Barrel Of Oil

The Huffington Post Canada | Daniel Tencer | Posted 01.20.2016 | Canada Business

And Iran is about to make things worse.

Bloomberg: Oilsands Bitumen Now Selling For $8.35

Bloomberg | Posted 01.14.2016 | Canada Business

Think oil in the $20s is bad? In Canada they’d be happy to sell it for $10. Canadian oil sands producers are feeling pain as bitumen -- the thick...

Why The Oilsands Have No Choice But To Keep Producing

CP | Lauren Krugel, The Canadian Press | Posted 01.13.2016 | Canada Business

Hitting the off switch could damage an oilsands reservoir.

Canada Now Selling World's Cheapest Oil: Report

The Huffington Post Canada | Daniel Tencer | Posted 12.18.2015 | Canada Business

Goldman Sachs says $20 oil may be necessary.

U.S. Is About To Start Exporting Oil. Is That Good Or Bad For Canada?

CP | Lauren Krugel, The Canadian Press | Posted 12.17.2015 | Canada Business

CALGARY — Experts see more good news than bad for Canada's energy industry if the U.S. lifts its decades-old ban on oil exports. The ban came int...

Oilpatch Struggles To Adjust To 'New Normal'

CP | Lauren Krugel, The Canadian Press | Posted 12.15.2015 | Canada Alberta

"If you think that things are going back to business as usual, you're in denial.''

Why Canada's Oil Patch Isn't Worried About The Paris Climate Agreement

CBC | Posted 12.15.2015 | Canada Business

There was no tearing of hair or gnashing of teeth in the energy sector on Monday as details of the Paris agreement were digested. Shares in energy c...

The End Of Fossil Fuels Is Near - Let's Speed Its Coming

Mike Hudema | Posted 12.14.2015 | Canada Impact
Mike Hudema

As the dust settles on COP21 we know that while historic steps have been taken, the demands of justice are still unfulfilled. Together we are challenging the fossil fuel system, we are ushering in the era of solutions, and we are moving the political yardsticks of what it possible. While our political leaders walk, our movements run.

Alberta's Historic Cap On Tar Sands Emissions Is Not The End

Mike Hudema | Posted 11.24.2015 | Canada Alberta
Mike Hudema

As momentous an occasion as it is when an oil jurisdiction actually puts limits on growth, 100 million tonnes of carbon a year at a time when science is demanding bold reductions is still far too much. While historic, the government's cap needs to be viewed as a ceiling rather then a floor.

David Suzuki's Comparison Of Oilsands To Slavery Raises Eyebrows

The Huffington Post Canada | Daniel Tencer | Posted 11.27.2015 | Canada Business

David Suzuki has long been a thorn in the side of Canada’s controversial oilsands industry, but the environmental activist’s comments on a radio s...

TransCanada Asks U.S. To Suspend Keystone Application

CP | Alexander Panetta, The Canadian Press | Posted 11.02.2015 | Canada Business

WASHINGTON — In a surprise move that could have a political ripple-effect in two countries, the company behind the controversy-plagued Keystone XL p...

Scrapped Project Not Timed To Coincide With Alberta Budget: Shell

CP | The Canadian Press | Posted 10.29.2015 | Canada Alberta

Shell made the Carmon Creek announcement on Tuesday, the same day Notley was handing down her budget.

Climate Activists Celebrate ‘End Of Growth In The Tar Sands'

The Huffington Post Canada | Daniel Tencer | Posted 10.28.2015 | Canada Business

Oilsands will run out of pipeline capacity by 2017, analysis says Industry to post $2-billion loss this year Production continues to grow despit...

Shell Scraps Oilsands Project, At A Loss Of $2 Billion

CP | Lauren Krugel, The Canadian Press | Posted 10.28.2015 | Canada Business

CALGARY -- Royal Dutch Shell is scrapping its Carmon Creek oilsands project in northwestern Alberta, citing a lack of pipelines to coastal waters as o...

Oil Price Not Done Crashing, Saudi Arabia May Be Broke In 5 Years: Reports

The Huffington Post Canada | Daniel Tencer | Posted 10.27.2015 | Canada Business

Saudi Arabia projected to run massive deficits Storage getting close to capacity, Goldman Sachs warns Canadian oil producers, Alberta budget in ...

Climate Leadership in Alberta Means Tackling the Tarsands

Mike Hudema | Posted 10.17.2016 | Canada Politics
Mike Hudema

In a world that is serious about addressing the climate crisis there is no place for high carbon assets like the tar sands. Markets need to move to low carbon futures and the more Alberta tries to flood the market with tar sands crude the more it is thwarting efforts towards progress.

Oilpatch Spooked By Prospect Of Another Prime Minister Trudeau

CP | Alexandra Posadzki and Lauren Krugel, The Canadian Press | Posted 10.15.2016 | Canada Business

The prospect of a change in government has at least one oilpatch CEO spooked. Grant Fagerheim, the chief executive of Calgary-based oil and gas produ...

More Bad News For The Oilsands

The Huffington Post Canada | Daniel Tencer | Posted 10.13.2015 | Canada Business

Those hoping for a quick recovery in Canada’s oil patch got bad news Tuesday from the International Energy Agency, which now says the global oil glu...