Enbridge Oil

Enbridge's Very Expensive Plan For Light Oil

The Canadian Press | Lauren Krugel | Posted 02.06.2013 | Canada Alberta

CALGARY - Enbridge Inc. and its U.S. affiliate are spending $6.2 billion on a series of projects to bring growing volumes of Alberta and North Dakota ...

China National Oil Company Takeover of Nexen Will Be Costly for Canada

Fred McMahon | Posted 10.27.2012 | Canada Alberta
Fred McMahon

In the debate as to whether Canada should sell Nexen oil company to to China National ignores one important factor: CNOOC is state-owned. The "company overview" on CNOOC's website clearly states that its top executives are members of China's ruling Communist Party. Therefore, in effect, Nexen would become a "crown" corporation, but one controlled by the government of China instead of Canada. While government should stay out of the way of true market transactions, takeovers by state-owned companies are simply not in the best interest of Canadians, given the long sorry record of such companies.

Ethical Oil Cartoon Pops Up At Enbridge

CP | Will Campbell, The Canadian Press | Posted 09.12.2012 | Canada Business

A presentation by energy firm Enbridge Inc. at a private conference included a drawing of a scowling cartoon gas pump that labelled Saudi Arabia, Kuwa...