Oil-sands opponents rallied in Bretton Woods, N.H., where New England governors held their annual meeting with eastern Canadian premiers. On the table – energy trade and innovation. “We are calling on Northeast leaders to oppose projects that would bring more tar sands oil into the region, and to implement a regional clean fuel standard along […]
Comment: Canada is too small for U.S. to worry about
The headlines are ominous. Canada-U.S. relations have hit a “low ebb” and a “new low.” They are “frayed” and “strained.” Really? A longer-term view suggests recent tensions aren’t all that unusual. Strains over the Keystone XL pipeline, Buy American legislation, the Windsor-Detroit Bridge and a U.S. tax crackdown are typical of the ebb and flow […]
Comment: Are governments looking out after our best interest?
I particularly don’t like when governments work in secret. Governments feed us a lot of malarkey about why secrecy is essential. Here are some government plans developing in secret that everyone should know about. In Ottawa, 400 delegates from Pacific Rim countries spent time this month negotiating the Trans Pacific Partnership (TPP) – the latest […]
Financial troubles for Northern Lights oil sands lease
The Canadian arm of China Petrochemical Corp. may shelve work on its Northern Lights oil sands lease or sell the property entirely, as Chinese companies begin to rethink future investment prospects in Alberta. Sinopec, could delay efforts to develop the property or seek to sell its interest in the lease entirely as it consolidates its […]
Sun setting on Sunshine Oilsands?
Investor appetite in the high-yield market reached a limit after Sunshine Oilsands Ltd. of Canada pulled a proposed $325 million bond due to lack of demand from U.S. and Chinese investors. The high-yield bond market, prepared to fund defaulters from Ecuador to Argentina, drew the line at Sunshine Oilsands, which sought bond financing to build […]
Head of Cenovus not impressed with people “playing politics” over oil sands
Brian Ferguson says it’s political gain not Canada’s best interest that is prompting Justin Trudeau and Thomas Mulcair’s comments about the oil industry. To top it off the CEO of Cenovus Energy says celebrities like Desmond Tutu‘s involvement doesn’t help the debate either. Ferguson made the comments at the 2014 TD Securities Calgary Energy Conference […]
Floods shut down oil operations
Oil well drilling contractors are having a tough time coping with flooding in Saskatchewan and Manitoba, which has damaged roads and bridges. That’s making it impossible to move heavy equipment onto drilling sites. President and CEO of Crusader Drilling Corp., Don Rae, said normally he would employ about 70 people to run three drilling rigs; […]
A dubious first for Canadian Natural Resources
Canadian Natural Resources, Ltd. has admitted a series of never-ending spills on its property could be caused, or at least exacerbated, by its own high-pressure steaming. It’s the first time the company has admitted this, despite fact environmentalist critics have been saying it for years. And 5 years ago the Energy Resources Conservation Board (regulator […]
Did you know billionaire Koch brothers active in oil sands?
When it comes to land holdings in the oil sands, nobody has a bigger stake in the region than the Koch brothers. Around Peace River the American billionaires own an amount of land greater than the size of Los Angeles. They are the oil patches largest foreign investor with more than a million acres, more […]
Comment: Understanding the Hold-up Behind the Keystone XL Pipeline
For years the Keystone XL pipeline has been a source of heated debate. While both complex and nuanced, the arguments both for and against the pipeline can be easily divided between the pro-oil business interest that sees cheaper gas and new American jobs, and the anti-oil environmentalist which fears the pipeline would only increase our […]
- « Previous Page
- 1
- …
- 25
- 26
- 27
- 28
- 29
- …
- 35
- Next Page »