Sentences with phrase «oil sands projects come»

Not exact matches

This improvement even comes before Teck's multibillion - dollar investment in the Fort Hills oil sands project starts up by the end of the year.

A few years ago an economic case could have been made to break ground on a major new pipeline project from the oil sands, but that time has now come and gone.

The shine has come off the oil sands, as more investors have started to question whether oil sands development is really a sure thing, particularly at the speed projected by bullish petro - boosters.

National Bank also highlighted that major maintenance initiatives are planned at Syncrude Canada Ltd., Canadian Natural Resources Ltd.'s Athabasca oil sands project and Suncor Energy Inc.'s base plant — which cumulatively could reduce industry oil output by 650,000 barrels per day in the coming months, easing some of the stress on full pipeline networks.

The EIA in February reported that Canada pumped an average of 4.5 million barrels a day in 2015, and predicted this would rise to 4.8 million in 2017 as oil sands projects under construction when oil prices began to fall in 2014 come on line.

Kerry's testimony came on the heels of a loud call by more than half the Senate demanding the Obama administration quickly approve the Keystone XL pipeline project that would ship about 700,000 barrels of crude daily from Canada's oil sands to refineries along the Gulf of Mexico.

Shell states that tar sands are less damaging that coal: Well since when was coal and oil used to the same ends unless they are talking about widespread adaption of CTL technology which could happen in some countries with large scale coal rserves I guess but even I doubt that CTL projects will scale to 3 — 5 mbpd which is the projected output of Albertas oil sands come 2030.

In addition, a major expansion of Imperial Oil's Kearl oil sands project recently came online in the midst of the down cycle, further depressing prices for tar sands oOil's Kearl oil sands project recently came online in the midst of the down cycle, further depressing prices for tar sands ooil sands project recently came online in the midst of the down cycle, further depressing prices for tar sands oiloil.

At the same time, the budget bill came freighted with legislation intended to «streamline» environmental review processes in the hope of fast - tracking oil pipelines and other large energy infrastructure projects, and it has handed the Canada Revenue Agency $ 7 million to intensify its scrutiny of environmental charities — especially the ones labelled «foreign radicals» by Natural Resources Minister Joe Oliver in a fiery Globe and Mail op - ed calling for approval of Enbridge's $ 5 - billion Northern Gateway pipeline from Alberta's oil sands to the coast of northern B.C.

Martin Ignasiak, a partner in Osler Hoskin and Harcourt LLP's Calgary office, says many of his clients, which include oil sands players and electrical generation companies, prefer to err on the side of caution when it comes to consultation with First Nations, in order to minimize the risk their projects will fail to get approved.