Consider however that something may actually be done about climate change,
Canadian oil sand companies and many of your funds are going to get hammered.
The Colorado plaintiffs, like the cities and counties suing oil companies in California, accuse Exxon and
the Canadian oil sands company Suncor of creating a public nuisance through the burning of fossil fuels that is costing them money and putting their residents and property at risk.
Not exact matches
The extraordinary cost reductions achieved by North American
oil and gas
companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and
Canadian oil sands industries will have to come from higher
oil prices, according to a new report from Moody's Investors Service.
When asked about
Canadian oil sands production, Mulva said those operations would be part of the upstream
company.
Canadian and global petroleum
companies have since spread mines and deep - drilling projects across northern Alberta's gargantuan reserve —
oil sands production has nearly quadrupled since 2000 to about 2.5 million barrels per day.
Recovering crude from the
oil sands is a massively capital - intensive business and there aren't enough deep - pocketed
Canadian companies capable of making the necessary investments.
Good thing for those U.S. engineering
companies there are no «Buy
Canadian» provisions in
oil sand contracts like there are «Buy American» provisions in U.S. federal procurement.
The
company, Canada's No. 2 pipeline operator, released a letter sent to U.S. Secretary of State John Kerry and other department officials saying that increased carbon levies for Alberta
oil sands producers and new
Canadian targets for greenhouse - gas emission cuts should serve to help assuage U.S. concerns that approving the C$ 8 billion ($ 6.41 billion) project would increase climate change.
Last week, Bill McCaffrey, chief executive of
oil sands producer MEG Energy Corp., said his
company is considering such exports as it becomes easier to move
Canadian crude to Houston through expansions of the pipeline network.
The
Canadian energy
company TransCanada wants to build Keystone XL to carry
oil from the tar
sands of Alberta, Canada, to Nebraska.
The recession «has given the
oil sands industry a chance to step back and breathe,» says David McColl, head of
oil sands studies at the
Canadian Energy Research Institute, a nonprofit whose membership includes government departments, the University of Calgary, and energy
companies.
In contrast, we had nice returns in a number of our media, insurance and food stocks, among others, including Axel Springer, Schibsted, Zurich Insurance, Berkshire Hathaway, and Nestlé, but it was unfortunately not enough to overcome the continued pressure on our
oil & gas stocks, which included fully integrated holdings such as Total and Royal Dutch; exploration and production
companies such as Devon Energy and Pacific Rubiales;
Canadian oil sands producers such as Cenovus; and energy service holdings such as Halliburton and National Oilwell Varco.
The plays off of the pipeline construction are improved probability by the
Canadian oil sands producers, a slight positive impact on Gulf Coast margins, and the construction and E&C
companies involved.
The
Company provides a range of heavy construction and mining, piling and pipeline installation services to customers in the
Canadian oil sands, mineral mining, commercial and public construction and conventional
oil and gas markets.
Due to the successful delay of the Keystone XL pipeline,
Canadian oil companies to consider alternate routes for getting tar
sands to market, including the Energy East Pipeline to New Brunswick and the Northern Gateway, which would flow west to Vancouver.
In July 2008 alone,
oil sands companies held a total of 36 meetings with
Canadian ministers and government officials, while only seven environmental groups and associations reported lobbying activity.
Companies with fleets of cars and trucks have a critical role to play ensuring that as America raises efficiency and embraces renewable fuels, we also turn away from the dirtiest, most carbon - intensive sources of
oil —
Canadian tar
sands.
In an effort to curb carbon emissions,
Canadian energy
companies have started converting CO2 into products — taking carbon dioxide from processing
oil sands, mixing it with wastewater and fed to algae, which then can be turned into cattle feed and other products.
Most
oil sands production is now refined in the U.S. Midwest, where a glut of supply has depressed the price that
Canadian oil companies receive.
Check our humorous dating profiles (citing real - life events) on an ALEC senator in Ohio attacking clean energy incentives and an ALEC senator in Nebraska who was courted on a trip to the tar
sands courtesy of ALEC,
oil companies and the
Canadian government.
The second largest
Canadian company by market cap, this
company mainly deals in the extraction of Canada's carbon - instesive
oil sands.
The first
Company to extract it was Great
Canadian Oil SAnds, 96 % owned by Sun OIl of Philadelph
Oil SAnds, 96 % owned by Sun
OIl of Philadelph
OIl of Philadelphia.
Yet this amendment would bypass executive authority, injecting Congress into the decision - making process that is already underway at the State Department and force all of the risks of this tar
sands pipeline onto the American people just to help
Canadian companies ship
oil overseas.
With All Eyes on Keystone, Another Tar
Sands Pipeline Just Crossed the Border «The Keystone XL pipeline may be in political limbo, but that hasn't stopped another
Canadian company from quietly pressing ahead on a pipeline project that will ramp up the volume of tar
sands oil transported through the U.S.. What's more, the
company, Enbridge, is making those changes without a permit, and environmental groups say it is flouting the law.
They want the Obama administration to reject a
Canadian company's application to construct the $ 7 billion, 1,702 - mile pipeline, which would carry heavy crude from the
oil sands mines of Alberta to refineries along the Gulf Coast.
And for a growing number of U.S.
oil companies, many based in Houston, the infusion of Chinese cash in
Canadian projects is welcome funding for some capital - intensive
oil sands projects.
The reason that the Alberta and
Canadian governments, along with the
oil companies, desperately want the Keystone XL pipeline is because it will encourage more capital investment in new
oil sands projects, effectively locking in a revenue stream for decades.
TransCanada, the «energy transfer
company» responsible for getting the incredibly dirty diluted bitumen
oil from the tar
sands in western Canada, and also potentially Bakken crude, to refineries in Quebec City and St. Johns, New Brunswick, has notified the
Canadian government that it is cancelling its proposed Energy East pipeline project, citing slowing growth in -LSB-...]
International's contentious $ 15 - billion acquisition of
Canadian oil and gas
company Nexen Inc. earlier this year, his team was focused on managing CNOOC's 35 - per - cent interest in the Long Lake, Kinosis, Cottonwood, and Leismer
oil sand projects.