Bradford was formerly vice president, legal,
with oil sands company OPTI Canada before it was acquired by CNOOC in November 2011.
Not exact matches
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
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.
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.
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.
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.
Both Enbridge
with its $ 5.5 - billion Northern Gateway project, and Kinder Morgan
with plans to expand an existing West Coast pipeline called Trans Mountain, are working to give
oil sands companies access to refineries in China and Asia.
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 retu
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 retu
with higher energetic price tags yet lower returns.
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 July 2013, Storebrand, a major Norwegian pension fund advisor, excluded from its Energy Sector all 13 coal producers and the 6
oil companies with the highest exposure to tar
sands «to reduce Storebrand's exposure to fossil fuels and to secure long term, stable returns for our clients...»»
Because until we are sure beyond any doubt that
companies will actually fix faulty pipelines, until we know that public health officials will actually protect our children, until we know what we're dealing
with and how to clean it up, tar
sands oil is just too dangerous.
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.
With depressed
oil prices, the opportunity for
oil companies to expand their reserves through extreme and expensive drilling, like tar
sands and deepwater drilling, have fallen off the business plan drafting table.
Meanwhile,
oil companies are recklessly developing the tar
sands,
with plans to increase production to a dangerous level of five million barrels per day or more by 2030, a 1500 per cent increase since 1999.
Their migration route intersects
with areas leased to and developed by
oil sands companies, including the surface mineable area and its associated facilities, mine pits and tailings ponds.
She reports there are about 960 American
companies that support Alberta
oil sands activities,
with thousands more jobs that could be created if the U.S. would take steps to promote greater
oil sands development — such as approving the Keystone XL pipeline.
Just last week, for example, our Upstream Research
Company announced that it is licensing ExxonMobil's patented steam injection system and production method, which allows producers to recover more
oil from Canada's
oil sands with carbon dioxide emissions reduced by up to 10 percent per barrel.
Judge Sandra Allen sided
with U.S.
Oil Sands and Utah's Division of Water Quality in deciding that the state rightfully granted the Calgary - based
company permission to mine and process oils
sands without requiring a pollution permit or water monitoring at the PR Spring mining site in eastern Utah.
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.
«Shell's deferral of Pierre River, one of the high - cost
oil sands projects that we highlighted in our «Carbon supply Cost Curves» analysis last year, is in line
with our belief that
companies should cancel capex on high - cost projects in favour of a portfolio of low - breakeven investments in order to protect shareholder value,» said Andrew Grant financial analyst at the Carbon Tracker Initiative.
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.
In 2013 I became involved
with a newly formed group of Burnaby residents protesting a plan by Kinder Morgan, a Texas based
oil company, to dramatically expand the export of diluted bitumen from the Alberta tar
sands to oversees markets through a small marine terminal in Burrard Inlet, just miles from the City of Vancouver.
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.
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.