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.
Suncor provides a good, diversified example
of the sector — Suncor markets
oil sands products from a variety
of operations, both mining and in situ
operations, and sells both diluted bitumen and synthetic products including diesel fuel.
With cash operating costs
of $ 34.45 per barrel for its
oil sands operations, Suncor has retained a healthy cash margin through the downturn.
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 Liberals are unlikely to make any final decision on drug testing until the Supreme Court
of Canada rules on its legality in a case between Suncor and workers at its Alberta
oil sands operation, said Troy Winters, senior health and safety officer with the Canadian Union
of Public Employees.
Oil sands players, as well as U.S. producers in North Dakota, have been clamouring for pipeline approvals, claiming that all
of the political foot dragging around pipeline projects weakened pricing power and critically hampered their
operations.
When asked about Canadian
oil sands production, Mulva said those
operations would be part
of the upstream company.
Statoil, Total, Shell and ConocoPhillips have all recently sold off
oil sands stakes for a total
of $ 27.3 billion in cash and shares, leaving most
operations concentrated in the hands
of a few large Canadian firms.
It remains to be seen, therefore, what sort
of carbon price signal an individual
oil sands operation would be exposed to under the Alberta Plan and whether it will be sufficient to drive technological innovation in the sector.
Devon's Canadian
operations are located in the Athabasca
oil sands of northeast Alberta.
However, given that most
of Young's statements have equated the
oil sands with the
oil sands mining
operations around Fort Mc Murray, it's worth noting that the mining (and upgrading)
of bitumen contributed 32 Mt CO2 emissions to Canada's total in 2011, and that emissions from mining
operations are expected to stay well below those
of personal vehicles for some time.
If there's a bright spot for the province, however, it's that the ongoing disruption
of Alberta
oil sands production — estimated by the Conference Board
of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global
oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming,
of course, the fires are eventually extinguished and
oil sands operations escape serious damage).
The extraction and processing
of a viscous
oil called «bitumen,» excavated from vast formations
of sand just below the surface
of Alberta's northern region, has come under fire because it requires more energy than many other
oil operations.
Keith is one
of the only financial reporters around who's actually visited Alberta's remote tar
sands region to personally meet every major player in the booming Canadian
oil operation.
A recent article from Shale Plays Media highlights that just a year ago
oil field fracking
operations used around 2,500 tons
of sand, whereas today the new fracking techniques call for as much as 8,000 tons
of sand to be pumped into a well.
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.
Business Insider reporter Robert Johnson tried to get a tour
of the Alberta tar, err,
oil sands operations, but was denied.
Alberta
oil sands operations extract around 95 %
of Canada's
oil.
The first item should be a ban on any imports
of Canadian tar
sand oil to the U.S., plus pressure on Canada to shut down those
operations.
However, Alberta environment office show that «greenhouse gas» emissions from
oil sands plummeted 38 % between 1990 and 2009, and are now 5 %
of Canada's total GHG emissions — and equal to or lower than CO2 / GHG emissions from petroleum
operations in Nigeria, Iraq, Saudi Arabia and Venezuela.
Standardized values (Z scores)
of (A) visible reflectance spectroscopy (VRS) chlorophyll a inferences from the five lakes proximate to major
oil sands operations as indicators
of lake primary production; (B) total PAH concentrations and (C) total DBT concentrations from all six study sites.
We empower local communities to protect themselves from reckless fracking
operations, and we partner with leading scientists, financial analysts, and First Nations to stop the expansion
of dirty tar
sands oil development.
Sources
of air contaminant emissions from
oil sands developments include industrial smokestacks, tailings ponds, transportation, and dust from mining
operations.
There are several examples
of this in
operations in the
oil sands.
Calgary - based Suncor Energy, the No. 2
oil -
sands producer in the world, announced that it has sold its billionth barrel
of oil sands crude since it began
operations in 1967.
That's because although a high
oil price
of $ 50 - $ 70 is necessary to justify investing billions into a new
oil sands project, the variable costs
of getting a barrel
of oil from existing
operations are much lower (as low as $ 10 for steamed
oil and low $ 20s for mined
oil).
** By the way, a small research company has recently demonstrated a new technology to effectively remove 98.8 %
of the tar /
oil from tailling ponds while supply clean hot water for adjacent tar
sand operations.
Smaller,
oil sands - only players such as MEG Energy are more vulnerable during a downturn because they don't have the cash cushion
of larger companies and don't have refining
operations to offset lost revenue from
oil and gas sales.
After 41 years
of oil sands mining
operations in northern Alberta only 0.2 % or one square kilometer
of disturbed land is certified as reclaimed.
A few years back I wrote about plans for the Murphy
Oil Refinery in northeastern Wisconsin to expand operations 700 %, to take advantage of tar sands oil piped in from Cana
Oil Refinery in northeastern Wisconsin to expand
operations 700 %, to take advantage
of tar
sands oil piped in from Cana
oil piped in from Canada.
Oil - sands production emits roughly three times the carbon dioxide of conventional light - oil production and the strip - mining operations involved destroy the landscape in northern Alberta, creating large tailings ponds filled with toxic wastewat
Oil -
sands production emits roughly three times the carbon dioxide
of conventional light -
oil production and the strip - mining operations involved destroy the landscape in northern Alberta, creating large tailings ponds filled with toxic wastewat
oil production and the strip - mining
operations involved destroy the landscape in northern Alberta, creating large tailings ponds filled with toxic wastewater.
And Canada's leaders» reliance on tar
sands to drive the economy may be one
of the biggest economic miscalculations
of our time, as Canadian tar
sands operations are being hammered by plummeting
oil prices.
Examples include a dispute between joint venturers over the
operation of a gold mine, a dispute charging an
oil and gas lessee with failure to prevent drainage from an
oil and gas lease, litigation over water rights, a dispute over title to
sand and gravel and a claim for trespass by the surface owner against the operator
of a
sand and gravel mine.
Whether you're a trucking company operating out
of the
oil sands or you're a business dealing with transportation issues as part
of your daily
operations, our experienced team can work with you to determine your specific needs.