Sentences with phrase «of oil sands companies»

Under the new guidelines, the acquisition of oil sands companies by foreign state - owned enterprises will only be found to constitute a new benefit for Canada in «exceptional circumstances.»

Not exact matches

Months of deliberations behind closed doors at Shell headquarters in The Hague, Netherlands, had led the top brass at the world's largest non-state-owned oil company by sales to conclude that the energy industry was changing fundamentally — in a way that could turn the profitable oil - sands operation into a liability.

The letter also argues that the chiefs of some of the biggest companies involved in Alberta's oil sands industry have publicly come out in favor of such stricter carbon pricing.

Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»

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.

The company says it is working to ease the pain of toll increases, but it argues that the line is needed as a result of oil sands growth.

In the latest fallout from the oil sands euphoria - gone - bust, a legal battle has erupted between three of Canada's most important energy companies.

When asked about Canadian oil sands production, Mulva said those operations would be part of the upstream company.

This year the Conservative government approved the sale of $ 1.9 billion in oil sands assets to two companies controlled by the Chinese government.

But when the B.C. government announced this week plans to bar increases to diluted bitumen (oil sands crude) shipments while it launches a new panel study of spill research, the group Stand.earth advised Kinder Morgan investors to call their brokers because this will delay or permanently thwart the company's federally approved Trans Mountain pipeline expansion.

Furthermore, while the company does have another potentially significant growth opportunity on the horizon in its CA$ 20 billion ($ 15 billion) Frontier oil sands mining project, it appears to be a long shot of moving forward considering where crude is these days.

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.

State owned Chinese energy companies are not pouring billions of dollars into developing Alberta's oil sands so more synthetic crude or bitumen can be sent to refineries in Cushing Oklahoma.

Canada's largest integrated energy company has filed an application for a massive new oil sands project defying expectations of slowing growth in the oil sands.

I think of King Digital as kind of like being a small oil sands company in Canada.

This suggests that access to capital and the cost of borrowing may become increasingly challenging for oil sands companies.

Alberta Premier Rachel Notley last week outlined a plan to quickly get oil sands firms back up and running in the wake of the devastating Fort McMurray wildfires, citing «an economic consequence to the companies and the Crown.»

The Company's Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materiSand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materisand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials.

The company is definitely in the middle of turmoil around oil and especially oil sands.

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.

However, their long - term contracts and the fact that greater use of frac sand is one way for oil and gas companies to maximize productivity from each well means that demand declines might prove smaller than those of other oil services companies.

However, given the company's strong balance sheet, future growth plans, and the strong long - term potential future of America's shale oil and gas production, I remain bullish on frac sand producers in general, and US Silica specifically.

Since many energy companies have adopted the process of fracking in their oil field operations, they have come to rely on sand as an integral component to this procedure.

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.

In the face of a court challenge from a broad coalition of environmental and community groups and massive community opposition, the DEC today halted Global Companies» proposed expansion of its massive Albany oil train facility to handle tar sands oil.

The Canadian energy company TransCanada wants to build Keystone XL to carry oil from the tar sands of Alberta, Canada, to Nebraska.

He and his colleagues found that over the course of four months, 11,400 tons of particulate matter — including bitumen and cancer - causing polycyclic aromatic compounds — were deposited within 30 miles of oil sands upgrading facilities belonging to two of Canada's major oil sands development companies, Suncor and Syncrude.

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 is definitely in the middle of turmoil around oil and especially oil sands.

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.

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.

If this happens, a combination of even more subsidies to the oil companies and technological breakthroughs could easily enable both tar sands and shale oil - and then we may be really in trouble.

This method of extracting petroleum leaves an unholy mess, even as conveyed by a libertarian writer like Ronald Bailey visiting the Alberta oil - sands mines on a junket paid for by oil companies.

The oil sands in particular are a massive transfer of shared resources to private companies.

The department allowed TransCanada, the company seeking permission to build the 1,700 - mile pipeline from the oil sands of northern Alberta to the Gulf Coast in Texas, to solicit and screen bids for the environmental study.

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.

Relationship to Cap & Trade Assume, for the sake of discussion that, outside of a few outer continental shelf areas near the USA, Canada's tar sands are the only economically useful major new reserves accessible to publicly traded oil companies.

Well, because tar sand - extracted oils have a 2X + greater carbon footprint than «conventional oil,» operating margins for producing oil in Alberta will be roughly 1/2 as good as those of the competing state oil companies, once Cap & Trade is fully implemented.

Protesters fear environmental damage, especially from possible oil spills; are frustrated with oil companies» grip on US politics; and condemn the impacts of tar sands exploitation on the boreal forest and First Nations in Canada.

Like the 2013 historic floods in Calgary that forced the head offices of the oil companies mining the Alberta tar sands to go dark and send their employees home, while a train carrying flammable petroleum products teetered on the edge of a disintegrating rail bridge.

As the refining of bitumen from tar sands mines creates particularly dirty fuel, Valero and the other oil companies crawling around northern Alberta aren't happy to see California's Global Warming Solutions Act survive Proposition 23.

The massive pile comes from the Marathon Oil Company's refining of tar sands at its Detroit refinery, and it's been getting a lot of attention over the past few months.

With most of the world's highest quality resources already exhausted, companies are turning to formerly undesirable alternatives such as tar sands oil, which come with higher energetic price tags yet lower returns.

Schlumberger, a leading oilfield services company, has acquired Raytheon's technology for the extraction of oil from oil shale and oil sands.

By so quickly dismissing geothermal as something that should be part of the oil sands debate, even as the oil companies themselves explore the option, he exposes himself for what he appears to be: a nuclear pitchman riding on a fading reputation as an environmentalist.

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.

Further cuts and company losses could jeopardize the industry's plan to at least triple oil sands output, and eventually expand to as much as 10 million barrels a day — a nearly five-fold leap from today's rate of 2.1 million barrels a day.