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 […]
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 […]
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 […]
Fracking-not just done on land
While a debate rages over the use of hydraulic fracturing to exploit fossil fuel reserves inland, the practice has quietly taken hold offshore, in the Gulf of Mexico. Documents obtained by “Fault Lines” reveal that the world’s largest oil firms are now fracking in some of the Gulf’s deepest waters — raising questions about how […]
Be careful what you wish for
The pressure to stop major oil pipeline projects prompted the industry to look for other solutions to moving oil. The train seemed like a natural solution. Forget the fact that pipelines are more energy-efficient and emit less carbon. People protest against them so trains carrying millions of barrels of oil are crisscrossing the continent in greater […]
What does the data on oil spills look like?
The warnings are stark, the images dire. “If drilling is allowed off the East Coast of the United States, it puts our beaches, our fishermen, and our environment in the crosshairs for an oil spill that could devastate our shores,” Sen. Ed Markey, D-Mass., said in a press conference last month. And this week, the […]
Looking for options
Alberta is in discussions with Alaska about shipping oil sands crude through the U.S. state to the Pacific as approval for the southbound Keystone XL pipeline languishes in Washington. The Alaska plan would involve constructing a pipeline along the Mackenzie River valley and then west to existing ports on the U.S. coast, Alberta Premier Jim […]
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