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 […]
Making a splash by conserving water
One of the concerns critics of the oil industry have is water usage in Alberta and B.C. That is particularly true in shale gas plays where fracking is used to get at the resource. Shell Canada is looking at ways to alleviate that. The company has a natural gas site called Groundbirch in northeastern B.C. […]
Kinder Morgan accused of not being forthright
The city of Vancouver, province of B.C. and others are saying the company that wants to build the Trans Mountain pipeline is avoiding a number of questions during the regulatory review. Kinder Morgan was given a long list with about 4-hundred questions on it. When the oil company responded to only 250, well that didn’t […]
First Nations companies competitive in battle for oil sands jobs
When it comes to landing contracts in Alberta’s oil sands, First Nations groups are no longer the beneficiaries of easy deals. Chief financial officer of Fort McKay Group of Companies, Marguerite MacDonald says, “Four years ago, we didn’t have to bid on a lot of the work that we now bid for. It is no […]
Oilsands company cuts costs and jobs
SilverWillow Energy Corp, a Calgary based pre-production oilsands company is making cuts. A media release from the company says the changes are needed so the level of staffing is more in line with the amount of work being done. While it adds general and administrative costs will be cut as well. There are no specifics […]
In case you haven’t realized it, patience is a virtue no matter which side of the Keystone XL debate you are on
It’s been a long battle for both sides of the Keystone XL pipeline debate and it likely won’t be over any time soon. In fact the U.S.’s ambassador to Canada is suggesting Canadians need to be patient when it comes to the controversial project. Here’s what Bruce Heyman told CBC, “I think that people need […]
Aluetians preparing for more oil tanker traffic
A decision by the Harper government to give conditional approval to the Northern Gateway pipeline is pressuring residents in the Aleutian Islands to prepare for the possibility of more tanker traffic. Enbridge the company behind the Northern Gateway pipeline must meet more than 200 conditions before it can start. While many of the conditions relate […]
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