The dramatic drop in oil prices is having an impact around the world and Alberta’s oil sands is no exception. Mike Ekelund, the Assistant Deputy Minister, Strategic Initiatives for Alberta Energy says because “large projects are a marathon and not a sprint, unless they are still in the planning stages they are not easily shelved”, […]
Oil price downturn has potential to bring out best in the industry
The plunging price of a barrel of oil has the industry in North America and other parts of the world scrambling to cover costs. At the World Heavy Oil Congress now underway in Edmonton, Alberta, those in attendance heard from ARC Financial Corp’s VP, Jackie Forrest that companies “are at the threshold or below where they need […]
Heavy oil conference rolls into Edmonton
Turns out it’s not just politicians who forget downturns happen in the oil industry, the industry itself can have a short term memory when it comes to coping with this sort of problem. That’s one message that came from the opening session at the World Heavy Oil Congress underway in Edmonton, Alberta. Suncor’s Executive VP. Upstream Mark […]
Edmonton company recognized for excellence in performance
Katch Kan has joined a select group of companies recognized for their contributions to the petroleum industry. The 2015 Gulf Coast Oil & Gas Awards have been handed out in Houston, Texas. The winner in the Excellence in Health and Safety Award is Katch Kan. Judges comments include: “Katch Kan has attempted to develop creative and cost […]
Comment: A look at why Canada’s energy sector isn’t all in when it comes to research & development
It’s easy to forget that the oil sands began as a research project. Syncrude Canada was founded 50 years ago as a research consortium that included the provincial and federal governments, and it was tasked with finding a way to turn the bituminous sands around Fort McMurray into a commercially viable project. But the country’s energy sector is […]
CN wanted for questioning
In the past month, four trains carrying oil have derailed across North America leading to fires, the evacuation of homes and in some cases the polluting of waterways. Federal Transport Minister Lisa Raitt says wants to know what is going on and what can be done to prevent further incidents. So she would like to see […]
Are climate change activists really a threat to national security?
Climate change activists pose a “credible threat to the health and safety” of Canadians. That’s according to a memo by the RCMP to the Harper government. The document has climate change activists wondering if they will now face surveillance under proposed anti-terrorism laws. The 44 page intelligence assessment of Canada’s environmentalist movement, dated 24th January […]
Comment: Maude Barlow on pipelines
Your (Regina Leader-Post’s) editorial rightly highlights the danger of transporting oil by rail. But the Energy East pipeline – which would transport 1.1 million barrels of oil per day past the growing Harbour Landing subdivision – is not safer. According to U.S. data, rail incidents happened twice as often as pipeline spills from 2004 to […]
Comment: Pipelines vs rail cars
The fiery derailment of two trains carrying crude oil in the space of three days underscores the worrisome impact of such incidents. Images of huge fireballs from the crash of an oil train in West Virginia will have brought back memories for many Canadians of the Lac-Megantic disaster where 47 people died. Two days before the West […]
New rules in the wake of a quake
New rules for oil companies using hydraulic fracturing in the Fox Creek area should prevent stronger earthquakes, the Alberta Energy Regulator has declared. After a cluster of earthquakes possibly associated with “fracking” in the region, the regulator decided to bring new regulations, said Todd Shipman, AER manager responsible for seismic monitoring. “We want the ability […]
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