These are volatile times for the oil and natural gas industry. The impact on Albertans has been hard as thousands of jobs have been cut. Drilling and service rigs are idle. Tools are down in machine shops. More office spaces are empty. Restaurants are quieter. Economic activity across Alberta is slowing as uncertainty clouds the […]
A new way to look at the oil sands
According to the Canadian Association of Petroleum Producers, the EU’s new fuel quality directive (FQD) will treat Canada’s oil sands on a level playing field with other sources of oil around the world, creating new export opportunities for energy and allowing Canada to compete more freely in the global market. Tim McMillan, CAPP President and […]
Comment: Hypocrisy at the EU
Environmentalists on both sides of the Atlantic are aghast at the news the European Union (EU) is proposing to scrap a mandatory requirement to label tar sands crude as highly polluting. It’s a triumph of five years of lobbying by both the tar sands industry and the Conservative government of Prime Minister Stephen Harper, which […]
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, […]
Comment: Fracking and water don’t mix
The recent “facts” on the dangers of fracking cannot be allowed to be glossed over by those with a financial interest in the production of LNG. Anyone who believes there is no risk to the water table and our drinking water must be living in la la land. The chemicals used contain volatile compounds such […]
Comment: A renewed appeal for Keystone
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 […]
Comment: Are governments looking out after our best interest?
I particularly don’t like when governments work in secret. Governments feed us a lot of malarkey about why secrecy is essential. Here are some government plans developing in secret that everyone should know about. In Ottawa, 400 delegates from Pacific Rim countries spent time this month negotiating the Trans Pacific Partnership (TPP) – the latest […]
CAPP applauds Supreme Court decision for clearing up a muddy issue
The Canadian Association of Petroleum Producers (CAPP) is expecting greater clarity now when its members have business deals with First Nations. This is in the wake of the Supreme Court ruling 8-0 giving the Tsilhqot’in B.C. title to their land. A V.P. with CAPP, Alex Ferguson, told CBC the ruling should help project coordinators when […]