Oilsands

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Alberta’s Massive Oil and Gas Reserves Keep Growing – Here’s Why

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, Oilsands / By

Q&A with Mike Verney, executive vice-president, McDaniel & Associates By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter New analysis commissioned by the Alberta Energy Regulator has increased the province’s natural gas reserves by 440 per cent, bumping Canada into the global top 10. Alberta’s oil reserves …

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Tariff Threat Unleashes Flood of Canadian Oil Heading to U.S.

Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands, Pipelines, US News / By

Suppliers rush to push out as much oil as possible as it’s more valuable now than in the future Bloomberg News A flood of Canadian oil is heading south to the United States to beat President Donald Trump’s threatened tariffs. Enbridge Inc.’s Mainline, the largest oil export pipeline from Canada to the U.S., will cut the volumes of …

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Oil Sands are Canada’s Winning Lottery Ticket With ‘Significant Change’ in Emissions Growth

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands / By

‘The Oil Sands are Canada’s Winning Lottery Ticket’ By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter   As Alberta’s oil sands sector reaches a major economic milestone, a new report shows that emissions growth continues to slow. There is a clear “structural break” for the industry where …

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Suncor’s CEO Lauds ‘Rock Star’ Firebag Oilsands Site

CDN and International News, Conventional Energy, Latest, Oil, Oilsands / By

Bloomberg News Suncor Energy Inc.’s crude output from wells in Alberta rose to a record in October on gains at the Firebag oilsands site, which the producer’s chief executive has called a “rock star” operation. Suncor’s wells in the province produced about 284,000 barrels a day last month, the most in data stretching back to 2018 and …

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Canada’s Expanded Trans Mountain Pipeline Has the Tanks at Cushing, Oklahoma Running Dry

Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands, US News / By

Inventories at this key crude hub at the lowest in a decade for this time of year Bloomberg News Inventories in Cushing, Oklahoma, have been dwindling for the past four months and now sit near the lowest in a decade for this time of year. Photo by Daniel Acker/Bloomberg Oil-storage tanks at a key United States crude …

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Why Canada is on the Verge of an Unprecedented Rail Labor Stoppage

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands / By

For the first time, Canada’s two main railway companies – Canadian National Railway and Canadian Pacific Kansas City – are on the verge of a simultaneous labor stoppage that could inflict billions of dollars’ worth of economic damage. WHY ARE BOTH COMPANIES POISED TO STOP? Contract talks between the Teamsters union and the companies usually …

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TC Energy’s US$15B Keystone XL Claim Thrown Out by Trade Tribunal

Latest, Oilsands, US News / By

CALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.’s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden’s cancellation of the Keystone XL pipeline permit. TC Energy launched a claim in 2021 under the legacy rules tied to the old North American Free …

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Strathcona Plans $2 Billion in Oilsands Carbon-Capture Projects

Carbon Capture, CDN and International News, Energy Topics & Technology, Latest, Oilsands / By

While Strathcona will own and operate the assets, it will evenly split the upfront capital costs with the federal Canada Growth Fund Bloomberg News Canadian driller Strathcona Resources Ltd. is planning as much as $2 billion in projects to capture carbon dioxide emissions from its oilsands operations, helped by backing from a Canadian public investment vehicle. While Strathcona will …

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Oil-Sands Capital of Canada Now Grappling With Second Wildfire

CDN and International News, Energy Topics & Technology, Latest, Oilsands / By

New out-of-control blaze springs up north of Fort McMurray Earlier fire grew in size overnight and came closer to city The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray, Alberta, is about 3 hectares …

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