Sentences with phrase «with oil sands»

Let's start with the oil sands.

Bradford was formerly vice president, legal, with oil sands company OPTI Canada before it was acquired by CNOOC in November 2011.

Such an approach would be a sea change from the approach currently pursued by Stephen Harper's government, which has pressed ahead with oil sands development and gutted environmental protections of Canada's lakes and rivers, all the while gagging federal scientists to stop the release of data that may contradict the Conservatives» agenda.

«The risks associated with the oil sands, the environmental risks, are significantly different than — and probably less significant than — the kind of risks associated with offshore drilling,» said Canada's Federal Environment Minister Jim Prentice.

Murray Edwards, the billionaire vice-chairman of Canadian Natural Resources Ltd., said that with oil sands production expected to expand from 1.5 million barrels a day to as much as 4 million barrels in the next 25 years, Alberta oil is much more likely to flow into the U.S. - even if overall U.S. crude demand continues to stagnate.

It ignores the energy used during production — but that's the major issue with oil sands versus other sources.

It is, however, a fact that coal is at least on a par with the oil sands resources as far as detriment to the CO2 environment, and there is vast and growing rate of usage of this.

With its oil sands production capacity growing rapidly, Suncor expects to produce between 400,000 and 430,000 barrels oil equivalent (BoE) per day.

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.

This has increased pressure on companies with oil sands assets to improve (i.e., reduce) their environmental footprint, and in some cases, to divest such assets.

With oil sands operations currently emitting roughly 70 Mt / year, the Alberta Climate Leadership Plan leaves «room» for emissions from the oil sands to grow by 30 Mt / year.

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.»

Not exact matches

«Despite the temporary pullback in production in the first quarter, we still expect our oil sands volumes for the year to be within our original guidance of 364,000 to 382,000 barrels per day,» he told a conference call with analysts.

But if we didn't get the right people with the right skills to move, we might solve the problem of restaurant workers, but we wouldn't solve the problem of engineering for the oil sands.»

That entity, which has a balance sheet of 4.5 billion euros ($ 5.3 billion), was severing links with coal, tar sands crude, and oil shale.

The Panel excluded any discussion of the environmental impacts of oil sands development, although they did allow the consideration of increased oil prices generated by the pipeline on the taxes and royalties associated with forecast future oil sands production.

The pipeline would connect Canada's tar sands with refineries on the Texas Gulf Coast that specialize in processing heavy crude oil.

With cash operating costs of $ 34.45 per barrel for its oil sands operations, Suncor has retained a healthy cash margin through the downturn.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

Since July, oil prices have fallen significantly, and with them the revenue earned or expected from oil sands projects, present and future.

In preparation for testimony before the House of Commons finance committee in Ottawa on March 10, I pulled together some thoughts on three aspects of the impact of the oil - price crash on oil sands projects and policies, and I thought I'd share them with you here over this and the next couple of posts.

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.

«There's a question of whether going along with the approval of the Northern Gateway pipeline will make LNG development in B.C. more challenging by angering First Nations so adamantly opposed to the oil sands pipeline,» said George Hoberg, a professor at the University of British Columbia's school of forestry and founder of UBCC350, a group pressing for action on greenhouse gas emissions.

Without addressing those emissions overtly, the State Department suggests the issue may be moot because Canada will tap into its lucrative oil sands «with or without the proposed project.»

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

For the past two years, OPEC's pump - at - will policies have flooded the market with cheap supply, causing economic pain for producers with higher cash costs, including those involved in fracking, the Canadian oil sands and deepwater drilling.

The upshot, at least for the State Department, is that oil sands production will march ahead with or without Keystone.

Every few days, tankers freshly laden with crude from Alberta's oil sands squeeze through the shallow Second Narrows channel in Burrard Inlet, make their way through swift currents in the southern Gulf Islands and on towards offshore markets.

Murphy has a 5 percent stake in Syncrude Canada Ltd, one of Canada's largest oil sands plants with the capacity to produce 350,000 barrels of synthetic crude oil per day.

First, Trudeau had to work with the NDP government in Alberta to twin his plan for a national price on carbon with its provincial plan and with its idea to put an emission cap on the oil sands.

Shell's multi-billion-dollar investment in Alberta's oil sands, along with its new joint venture to build a liquefied natural gas export facility in Kitimat, B.C., make the Swiss - born executive a particularly influential player for Canada's energy sector these days.

So, using their numbers above, for each barrel shipped on KXL, you'd have somewhere between 0.08 and 0.78 barrels of increase in total consumption, with between 0.22 and 0.92 barrels of oil which would have been produced elsewhere being substituted - for by oil sands production.

Q: Last year's decision by President Barack Obama's administration to delay approval of the Keystone Pipeline, which is meant to link Alberta's oil sands with Texas refineries, dramatically raised the profile of the environmental clash over the oil sands.

Meanwhile, Canada has already served notice that it will intensify efforts to find different markets for oil sands crude — notably China, which could be served with a new pipeline from Alberta to the West Coast.

And both wait to see what, if any actions the federal Liberals take over an oil sands pipeline they've championed and a coast they've vowed to protect, along with electorates in two provinces with profoundly different priorities.

If oil drops into the $ 20 - to - $ 30 range, he may soon be dealing with the consequences of an oil sands industry, his government's anointed engine of economic growth, suddenly becoming a commercial disaster on a scale that could be unrivaled in Canada's history.

The future of the oil sands lies with the growth of oil demand in Asian markets, not in American ones.

«Extraction from the Canadian oil sands continues to grow and with crude oil prices back above $ 70 (U.S.) a barrel, new greenfield projects and previously shelved expansions are once again starting to become viable,» wrote senior currency strategist Matthew Strauss.

New life was breathed into the Canadian oil sands with a decision by foreign - owned Harvest Operations Corp to commission its BlackGold project south of Fort McMurray.

The company also said oil sands operations production has benefited from reliable operations at its Firebag and MacKay River plants, but base plant operations dealt with a significant, weather - related outage in January that will cut first quarter output to roughly 400,000 bbls / d.

From a strictly legal perspective, the relevant question is not whether there is a sufficient connection to any particular existing or proposed oil sands development or other production activity, and certainly not whether such projects or activities were included in the Terms of Reference (ToR), but rather simply whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»

Probably the most discussed aspect of the NGP Report (see this excellent discussion on CBC's The 180 beginning at around the seven minute mark) is the JRP's treatment (or lack thereof) of «upstream» greenhouse gas emissions (GHGs), and specifically the apparent asymmetry between the JRP's decision to consider the need to open markets for projected increases in oil production — the vast majority of which would uncontrovertibly be from the oil sands — but not the GHGs associated with this projected growth.

The Crown corporation's original government funding of $ 100 - million increased over time to $ 1 - billion, with the objective of developing technologies and processes that would get the private sector back working on the 90 per cent of the oil sands that were too deep to be surface mined.

Most importantly, they are entirely project - specific; nowhere is there any discussion of the GHGs associated with multiple oil sands project, to say nothing of a total projected growth to 6.2 million barrels / day by 2035.

Royal Dutch Shell inked a deal with Canadian Natural Resources for its Canadian oil sands interest.

First, Alberta will adopt an oil sands specific emission performance standard with a $ 30 / tonne carbon price applied to any additional emissions.

The risks associated with future toxic waste from the oil sands are, in some ways, more worrying than the much more widely known global warming ones.

I suspect that the people with power to make relevant decisions are already fully aware, and those that don't know about the environmental impact of the oil sands can't do much (anything) about it.

In large part, I agree... especially with your point about the thinness of my analogy between Alberta (as home of the oil sands) and Arkansas (as home of Walmart).

Oil prices soared alongside China's industrial rise, though, as the chart shows, Canada's relations with China over the oil sands have been rocOil prices soared alongside China's industrial rise, though, as the chart shows, Canada's relations with China over the oil sands have been rocoil sands have been rocky.