Production There are 173 billion bbls of proven oil reserves in Canada. The oil sands hold 167 billion bbls . Canadian crude oil production is expected to increase to 6.4 million bpd to 2030. Oil sands production is expected to increase to 4.8 million bpd by 2030. The bitumen upgrading is not likely to increase […]
Comment: Seizing an opportunity
Prior to a recent tour of British Columbia, I thought people in the province were opposed to shipping the product of Canada’s oil sands through their province. But I saw firsthand that the reality is far more complex. The natural inclination for many Albertans is to tell the people of BC about the economic benefits […]
Comment: Do we need a moratorium on oil sands development?
by Alberta School of Business professors Andrew Leach and Branko Boskovic In a comment published in Nature on June 25, Wendy Palen of Simon Fraser University and a series of co-authors argue that a policy should be imposed in North America such that, “no new oil sands projects should move forward unless developments are consistent […]
Comment: Oil sands producers care about health
Canada’s oil sands producers are deeply concerned about suggestions that we don’t take proper protective measures, or that we lack care or concern about our neighbours’ health. These suggestions are troubling to us as citizens, parents and employees. A Royal Society of Canada scientific report found no evidence linking health issues to oil sands development. […]
Lawsuit launched up north
An Inuit village has joined a growing list of lawsuits filed against the oil industry, following the multiple litigations all over the North America (source:http://sideeffectsofxarelto.org/current-xarelto-lawsuits/). Clyde River, is located on the east coast of Baffin Island about 2,000 kilometers from the North Pole. The waters in the region is populated with narwhals, bowhead whales, walruses, […]
Decision to ban oil sands shipments may be waste of time
UPDATE: The South Portland city council did decide to block heavy crude exports from its harbor. The result of a campaign by green groups to prevent the flow of oil from Alberta through a pipeline to the port. That doesn’t mean it’s the last word on the subject and the whole exercise may have been […]
Not the way to secure social licence to operate
When it comes to oil and gas spills Colorado is on the way to a record breaking year. To date there have been 467 spills of varying sizes in the the state. The high was set last year at 575. At a rate of two a day this year that number could be easily topped. […]
Damage worse than thought
Some regions in the Gulf of Mexico affected by the Deepwater Horizon oil spill are still feeling it’s affects. It was four years ago when BP’s well ignited and pumped oil into the Gulf of Mexico for three months. Six months after the spill, a survey showed severe damage was done to coral up to […]
Comment: Pick your choice for crude transport – pipeline, train, truck or ship
Crude oil is moving around the world, around North America, around pristine wilderness, around our cities and towns. It’s going to keep moving, so what is the safest way to move it? The short answer is: truck worse than train worse than pipeline worse than boat (Oilprice.com). But that’s only for human death and property […]
Train car demand
While environmentalists and others are battling new pipelines around North America – the amount of train traffic hauling Alberta crude is on the rise. This may become more of a permanent fixture. An indication of this. One company, Cenovus, has appointed its first ever vice-president of rail operations. So far the Calgary-based company has shipped […]
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