The head of Royal Dutch Shell’s Canadian unit says the company may not be able to meet promised targets for reducing toxic wastes from oil sands Shell, which operates two major oil sands surface mines in Alberta, had committed to cutting the amount of waste generated by its Canadian heavy oil extraction projects, but producers […]
New regulations on the way for energy and mining companies
Canada’s Natural Resources Minister vowed to introduce legislation requiring energy and mining companies to report all revenue paid to foreign and domestic governments, but Greg Rickford said its impact on corporate payments made to First Nations will be delayed for two years while Ottawa consults aboriginal leaders. At a meeting in Sudbury, Ontario in August, […]
Worker safety expected to improve in oil sands
Recent changes to Canada’s Temporary Foreign Worker Program (TFWP) may improve worker safety in Fort McMurray’s oil sands. The reforms, announced in June, include limiting the number of temporary foreign workers (TFWs) in some workplaces, raising fees employers must pay to use the program, and heftier fines – up to $100,000 – for companies caught […]
CEC approves investigation into oil sands
The North American Commission for Environmental Cooperation (CEC) has found enough evidence to warrant an investigation into the Canadian government’s failure to enforce the federal Fisheries Act, with respect to continuous leaking from Alberta’s toxic oil sands tailings ponds. Since 2010, the U.S.-based Natural Resources Defense Council (NRDC), Canada-based Environmental Defence, as well as three […]
Demand high for pipeline leak detection equipment
An area expected to see a lot of growth in the oil industry in the coming years is oil and gas pipeline leak detection. That’s the finding of a new report by Research and Markets. According to the report, the market will be worth $ 2.7 billion over the next five years. Many oil and […]
Oil and gas well information goes public
It’s called Wellwiki and it’s the brainchild of University of Alberta business professor Joel Gehman. The concept is simple. It’s a website to give people access to information about oil and gas wells in Alberta. The Canadian Association of Petroleum Producers, Brad Herald told the Edmonton Journal, “It’s a very interesting endeavour. This kind of […]
Enbridge looks south
Enbridge Inc. has it’s eyes set on Mexico. The company’s CEO Al Monaco said, “they’re obviously in significant need of pipeline infrastructure.” The comment comes at a time when Mexico is opening its doors in its energy sector to international investment. A move that would put an end to the governments more than seven decade […]
Canadian crude by the numbers, a CAPP report
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 […]
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 […]
Another PetroChina executive is in hot water
A corruption probe in China which is looking into PetroChina’s operations in the oil sands is now looking into the activities of a fourth company executive The probe which began by just looking at PetroChina, is now looking at other oil companies including Brion Energy Corp., China National Petroleum Corp. This is particularly troubling to […]
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