More recently the government has enthusiastically courted what could be a sizable investment in
the Alberta oilsands from Malaysia's Petronas, while studiously not commenting on outstanding allegations that the company has contravened UN sanctions against Sudan by refueling Sudanese military jets at airstrips in Darfur.
Temporary shutdowns at
Alberta oilsands projects for scheduled maintenance have eased the pipeline congestion for now
To quote the excellent article above, «2 gigatonnes carbon in a hundred years...» The heavy oil industry in your own State of California pumps out vastly larger quantities of carbon than
the Alberta Oilsands ever will.
Statistics Canada said real GDP rose 0.6 per cent that month, boosted in part to non-conventional oil extraction as production in
the Alberta oilsands region started to resume.
In short, Trudeau must deliver on permits to build pipelines that move crude from
the Alberta oilsands to the coast before the province falls in line.
Next week, the EU is expected to vote on the Fuel Quality Directive which would assign a higher emissions rating to
Alberta oilsands than to other sources of crude oil, including some which may or may not actually have higher emissions than oilsands oil.
The Fuel Quality Directive has attracted a great deal of attention here in Canada because it would assign a higher emissions rating to
Alberta oilsands than to other sources of crude oil, and I have -LSB-...]
Refiners in the U.S. Midwest, Ontario, Alberta, B. and Washington get their raw material from the Western Sedimentary Basin, production from which is growing thanks to
the Alberta oilsands, the Bakken field in Saskatchewan and North Dakota and oil shales in the Rocky Mountain states.
Opponents of TransCanada Corp.'s plan to pipe
Alberta oilsands bitumen to the U.S. Gulf Coast denounce it as an environmental catastrophe in the making.
«I'm hopeful these policies will lead to a new collaborative conversation about Canada's energy infrastructure on its merits and to a significant de-escalation of conflict worldwide about
the Alberta oilsands.»
Chinese company CNOOC's $ 15 billion takeover
Alberta oilsands firm Nexen Energy created controversy last year with this publication among others criticizing the federal government for a lack of clear policy on SOE takeovers.
CEO Rob Peabody said Husky cut back heavy oil production by about 5,000 barrels per day in the first quarter and substituted mainly blended bitumen bought from other
Alberta oilsands companies to send to its U.S. refineries in Ohio and Wisconsin or to the refining complex on the U.S. Gulf Coast.
Not exact matches
«When we look back, this will be a historic day, certainly for
oilsands, for
Alberta and I think for Canada as we move into a more solutions - focused leadership position on greenhouse gases around the world.»
When Premier Rachel Notley announced
Alberta's new climate change strategy over the weekend, analysts and pundits rushed to gauge the impact on the
oilsands and on the electrical generation business, still dependent as it is on coal.
The current cohort at the University of
Alberta's MBA in natural resources, energy and environment is 10 % larger than the previous one, while the school's Fort McMurray MBA for
oilsands workers is up nearly 35 %.
In January, Obama rejected the proposed 2,673 - kilometre pipeline between
Alberta's
oilsands and the Gulf of Mexico, saying the 60 - day approval deadline set by Congress didn't allow enough time to review the project.
Both the provincial and federal governments have pledged to secure an LNG niche for B.C. in Asia, and British Columbians, including First Nations have been a lot friendlier to natural gas than to
Alberta's
oilsands.
By comparison, the average discount paid for Western Canadian Select
oilsands blend crude from
Alberta in the fourth quarter was US$ 12.26 per barrel and it has since spiked at times to around US$ 30 per barrel, a trend also blamed on constrained pipeline access.
The cap:
Oilsands operators in northern
Alberta must reclaim disturbed land once they're finished with it.
It involves taking 550,000 barrels per day of bitumen from
Alberta's
oilsands via the pipeline, refining it and exporting products such as diesel and gasoline to Asia.
The way the pipelines currently run out of
Alberta, all the output of the
oilsands ends up at refineries either in Canada or in the central U.S. Virtually none makes its way to either California or the EU.
Successive
Alberta premiers (with the notable exception of the current one) have invited critics to visit the
oilsands on fact - finding tours.
The $ 6.5 - billion project would see two pipelines, one carrying
oilsands» bitumen from
Alberta to Kitimat's port, and a second carrying condensate — a form of natural gas used to dilute the bitumen — from Kitimat back to
Alberta.
Anti-Keystone groups like to argue that blocking the pipeline would choke
oilsand development in
Alberta, but a much more likely scenario is that the oil industry would simply look for alternative transport means.
He added it's «inconceivable» that the
oilsands can be fully exploited under Canada's global climate commitments and called for a transparent assessment of the potential benefits of relaxing
Alberta's oil recovery requirements.
«We would agree that
Alberta's historic focus on maximizing
oilsands production... rather than optimizing production on the highest quality ore may be having unnecessary environmental impacts on things like greenhouse gas intensity and tailings production and lowering returns to Albertans as the owners of the resource,» said Simon Dyer of the Pembina Institute, a clean energy think - tank.
The geophysicist at Rice University in Houston estimates we have the second - largest deposits of crude oil in the world — as much as 2.5 trillion barrels of bitumen buried in the
oilsands of
Alberta.
CALGARY — The first phase of Imperial Oil Ltd.'s Kearl
oilsands mine will cost $ 2 billion more than its most recent estimate as the company faced issues transporting Korean - made modules to the mine site in northern
Alberta and contended with harsh weather during startup.
CEO Steve Williams said Suncor has asked the
Alberta government to allow it to «strand» some of its
oilsands reserves if they're too expensive to produce, or if they'd add too greatly to the intensity levels of its overall greenhouse gas emissions.
The array of claims around
Alberta's crude is wide and varied: on the one hand, anti-Keystone groups contend that dilbit — i.e. diluted bitumen, thick
oilsand crude mixed with light hydrocarbons that will allow it to flow through a pipeline — is more corrosive than other types of oil and sinks in water rather than floating, which makes it harder to clean rivers and lakes after a spill.
Pourbaix's comments follow years of delays and uncertainty surrounding several major pipeline projects from
Alberta's
oilsands to export markets.
Tom Steyer, environmental activist and former hedge fund manager extraordinaire, has fully embraced the new anti-Keystone mantra, which goes something like this: the U.S. is going to be simply a conduit for
Alberta's
oilsand crude, which would flow to Gulf of Mexico refineries and then be promptly exported, with Canadians pocketing most of the profits.
Nye also made known his feelings about
Alberta's
oilsands as an inefficient source of energy, using the term «tar,» a label despised by the province's oil industry.
The
oilsands layer in northern
Alberta can be thought of as a Frisbee stuck diagonally in the sand at a beach.
Among the Canadian service enhancements is non-stop service between Toronto and Fort McMurray, Alta., a major centre for
Alberta's
oilsands industry.
Alberta needs Keystone to move its
oilsands crude to overseas markets, especially as alternative routes such as the Northern Gateway and Energy East pipelines within Canadian borders face resistance.
Currently, 44 % of
oilsands production is in situ, and
Alberta's Energy Resources Conservation Board anticipates it will surpass 50 % by 2015.
«A controversial
oilsands pipeline from
Alberta to the U.S. Gulf Coast is one step closer to being approved.
Until recently, gas was a much larger contributor to the
Alberta treasury than the
oilsands is or probably ever will be.
For example, if Canadians considered more closely the environmental and social consequences of harvesting the
oilsands, they might go about it differently than if they simply considered how much
Alberta's economy will grow by exporting oil to the U.S..
Alberta prides itself on being the only jurisdiction in North America that demands coal - fired power plants,
oilsands upgraders and other large industrial facilities reduce their greenhouse gas emissions.
Until now,
Alberta's nine open - pit
oilsands mining projects have endured far greater regulatory scrutiny than the more than 200 in situ projects, which are typically smaller in scale.
Kitimat, the proposed terminus of Northern Gateway, cuts hundreds of kilometres and a day's sailing time off the nautical distance between
Alberta's
oilsands and Asian customers compared to Trans - Mountain.
CALGARY — Suncor Energy Inc. (TSX: SU), known for its huge presence in
Alberta's
oilsands, is reducing its workforce by 1,000 and cutting $ 1 billion from its capital budget as the company grapples with plummeting crude prices.
The prospect of a pipeline from
Alberta's
oilsands to the port of Kitimat, B.C., and thence on to eager Asian markets has tremendous economic logic, not to mention the backing of Prime Minister Stephen Harper.
Projects that haven't yet been given a final go - ahead by Suncor's board are being deferred, such the MacKay River 2 steam - driven
oilsands project in northeastern
Alberta and the White Rose development off the east coast, which is operated by partner Husky Energy Inc. (TSX: HSE).
CALGARY — Husky Energy Inc. (TSX: HSE) says oil has started flowing from its Sunrise
oilsands project in northeastern
Alberta.
After all, prior to the Great Recession,
Alberta's industrial heartland looked poised to become an upgrading mecca, with new refinery projects expected to boost local production of
oilsands crude by more than half a million barrels a day.
As you've probably all heard by now (and as the Canadian Press reported last week) fruit company Chiquita has joined a boycott of fuel originating in
Alberta's
oilsands.
Since Harper's last visit to China in 2012, the Conservatives restricted state - owned Chinese investment in
Alberta's
oilsands and have yet to respond to an invitation to negotiate a free - trade agreement with China.