The Saskatchewan Court of Appeal upheld a ruling against a First Nation that wants to put an end to oil sands exploration on what it says is its traditional territory. Last year a Court of Queen’s Bench judge ruled against the Buffalo River Dene Nation’s challenge of exploration permits issued to Scott Land and Lease. […]
Search still on for missing oil workers
Less than a week after fire damaged a Gulf of Mexico drilling platform, the search is still on for three missing workers. Petroleos Mexicanos, or Pemex, officials claim the response of emergency crews contained the blaze to one part of the platform complex, preventing oil from spilling into the ocean. At least four people were […]
Comment: Let’s make a deal
Few debates in energy have been more contentious than Keystone XL (KXL) pipeline. Environmental groups opposed the pipeline and turned out a grass roots movement that astonished even battle weary Enviros. It also caused serious problems for the industry as their assets became stranded and they were forced to ship crude by rail and barge. […]
Beluga whales status prompts pipeline company to make changes
TransCanada is not going to build an oil export facility in Québec as part of its Energy East pipeline project. “This decision is the result of the recommended change in status of the Beluga whales to endangered and ongoing discussions we have had with communities and key stakeholders,” said Russ Girling, TransCanada’s president and chief executive […]
2015 a “Perfect Storm” for oil industry
Consider the challenges facing the oil industry this year – rock bottom prices, drought (water shortages), greenhouse gas legislation, new rules regarding First Nations and the stalling of major pipelines – Keystone XL, Northern Gateway to name just two. This was the comment Bryan Helfenbaum started of the session he was moderating at the World […]
Emerging heavy oil players from a conventional source
When it comes to petroleum production both Oman and Kuwait’s GDP sits around 50%. Production costs are low and reserves are plentiful. Now both countries are looking to expand their operations from conventional oil to heavy. Leading the way is Oman. Eng. Ali Al Gheity with Petroleum Development Oman says “the luxury this country has […]
Latin America looks to entice foreign investment in oil industry
“The first lesson in doing business in Latin America”, says SNC Lavelin VP., David Parker, “is to understand the region and its people are not uniformed and homogeneous. The countries have different risks and rewards.” Latin America is rich in petroleum reserves with some of the largest deposits in the world. To extract the riches, […]
Alberta Premier challenged but not deterred
Alberta Premier Jim Prentice told a crowd made up of representatives from the oil industry there are challenges being the largest land locked oil producer in the world, but he has a plan. Prentice was a keynote speaker at the World Heavy Oil Congress taking place in Edmonton, Alberta. Climate change and the environment are […]
Alberta oil sands not down for the count
“These are challenging times. I can’t say it any other way”. This is one of the last comments Alberta Premier Jim Prentice made at a news conference following his speech at the World Heavy Oil Congress. Prentice is counting on oil to hit the $60/barrel mark by next year. He’s basing his next budget on […]
Getting oil to market faces challenges
“Pipelines have become the focal point of debate when looking at the energy industry” That comment was made by Norman Rinne, the Director of Business Development with Kinder Morgan. Rinne told the crowd at the World Heavy Oil Congress being held in Edmonton, Alberta that all you have to do is look at the ongoing […]
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