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Something stinks!

July 25, 2014 by Rob Hislop Leave a Comment

There are plenty of beefs about the oil industry’s impact on climate change. Turns out livestock account for 70 percent more methane (a potent greenhouse gas) emissions than the oil and gas industry The finding, is part of a new study based on old data collected a decade ago.  The findings indicate the U.S. Environmental […]

Filed Under: Canada, International, News Tagged With: cows, livestock, methane, methane gas, oil and gas industry, pigs

Total S.A. finds out the hard way what the rest of the oil industry is experiencing

July 25, 2014 by Rob Hislop Leave a Comment

When Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy two years ago, he was betting he could hit a bonanza, where his rivals had failed.. Now it appears the French oil company is following the industry trend of making smaller and fewer finds. This despite the fact global investments […]

Filed Under: International, News Tagged With: Christophe de Margerie, crude oil, drilling, oil companies, oil industry, Total SA

Earthquakes spur more fears about fracking

July 25, 2014 by Rob Hislop Leave a Comment

A jump in the number of earthquakes in Oklahoma, and across the north central U.S. from Colorado to Ohio.  Is it just a coincidence the increase in seismic activity if happening along with oil activity? That’s what scientists and regulators are trying to determine. Some seismologists believe waste water injected back into the ground is […]

Filed Under: International, News Tagged With: damage, drilling, earthquakes, Environment, fracking, hydraulic fracturing, oil companies, oil industry, Safety

Fracking standards in U.S. may be too little too late

July 25, 2014 by Rob Hislop Leave a Comment

The American Petroleum Institute now has a set of standards for how companies operate in communities that are home to shale drilling sites. The goal is to ease fears regarding fracking around the U.S. The plan includes using what the industry refers to as “best practices” gleaned from over six decades of fracking experience. API […]

Filed Under: International, News Tagged With: American Petroleum Institute, David Miller, fracking, gas drilling, methane leakage, oil and gas companies, water contamination

Crude oil stabilizers should help with processing incompatible crude oil blends

July 24, 2014 by Rob Hislop Leave a Comment

Unlike many traditional asphaltene dispersants, GE’s EmBreak 2167 and EmBreak 2168 crude stabilizers are ashless and do not contain any metals, such as phosphorous or calcium, that could contribute to catalyst contamination or equipment fouling. The stabilizers are a part of the company’s patent-pending technology that can be used specifically in refinery desalters and other […]

Filed Under: Alberta, International, News Tagged With: crude oil, disperants, EmBreak, GE, oil, refineries, stabilizers

Northern oil spill exercise drills home the unknown

July 24, 2014 by Rob Hislop Leave a Comment

The first spill response drill conducted by the Alaska government, fuel shippers, and cleanup crews in the Bering Strait has given a measure for how much is still unknown about handling oil spills in the region. Department of Environmental Conservation will sort through the data collected and revise plans that are currently on the books. Colin […]

Filed Under: International, News Tagged With: Alaska, Bering Strait, Chadux, Coast Guard, DEC, Environment, fuel, Nome, oil, spill, Teller

GE challenge to reduce greenhouse gas emissions in oil sands

July 23, 2014 by Rob Hislop Leave a Comment

Media release from GE: GE announced the launch of an up to $1-million ecomagination open innovation challenge to help accelerate technology development in Canada’s oil sands. The Innovation Challenge will target two of the biggest opportunities to reduce green-house gas (GHG) emissions in the oil sands: new uses for waste heat and improved efficiency of […]

Filed Under: Alberta, Canada, International, News Tagged With: AI-EES, Alberta Innovates, Canada's oil sands, Canada’s Oil Sands Innovation Alliance, COSIA, ecomagination open innovation challenge, Energy and Environment Solutions, GE, oil sands

Is U.S. oil becoming more popular for Canadians?

July 22, 2014 by Rob Hislop Leave a Comment

Canada exports 10 times more oil to the United States than the United States exports to Canada, but that balance is shrinking because of the recent oil boom south of the border. The United States imported about 2.7 million barrels of Canadian oil per day in April 2014. While Canada imported about 263,000 barrels of […]

Filed Under: Alberta, Canada, International, News Tagged With: Alberta, Canada, energy, exports, imports, oil boom, oil producers, oil sands, oil-rich, U.S. crude

Plan to ship from the oil sands to the east coast runs into a snag

July 22, 2014 by Rob Hislop Leave a Comment

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 […]

Filed Under: Alberta, Canada, International, News Tagged With: Alberta, Canada, crude oil, Enbridge, Energy East, Environment, Keystone XL, Keystone XL pipeline, Kinder Morgan, oil, oil companies, oil industry, oil sands, pipeline, refinery, U.S.

Sun setting on Sunshine Oilsands?

July 21, 2014 by Rob Hislop Leave a Comment

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 […]

Filed Under: Alberta, International, News Tagged With: China-backed, investment, investors, Sunshine Oilsands

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