What’s going on with oil and energy these days? Last week, SNL Financial noted that, “Canada’s crude oil producers are looking to markets other than the U.S. to sell increased output amid delays in pipeline expansions, according to the president of the Canadian Association of Petroleum Producers. “In terms of growth potential, Keystone is obviously […]
GE challenge to reduce greenhouse gas emissions in oil sands
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 […]
Comment: Time to invest in better protections for Canada’s intellectual property
Recently in Report on Business, General Electric Co. CEO Jeffrey Immelt outlined his company’s ambitious plan to enter the Canadian energy marketplace and make the oil sands globally competitive in terms of greenhouse gas emissions. He even suggested his company could take a co-operative approach to the management of their intellectual property rights (IPR) and […]
Oil industry taking steps towards reducing environmental impact
GE and Suncor Energy have agreed to spend upwards of $18-million on technology to cut greenhouse gas emissions and water use in the oil sands. They are not the only two companies involved. Others are members of Canada’s Oil Sands Innovation Alliance, an environmental technology sharing initiative. One deal would see a pilot […]