Imperial Oil to end Syncrude services contract as Suncor takes over
Switching operatorship a sign the oil sands mining industry has evolved from a high-cost and risky, to more proven and predictable.
Alberta, Ottawa sign deal that reduces oilsands environmental monitoring
The monitoring program funds research by outside organizations as well as government scientists
Deutsche Bank says it won’t back an new oilsands or coal project
It says its ban on oilsands financing, effective immediately, will include exploration, production, transport or processing
Shell’s Quest carbon capture project hits milestone of five million tonnes
Quest opened in 2015 and cost about $1.35 billion, backed with $745 million from the Alberta government and $120 million from Ottawa.
Alberta reinstating environmental monitoring in industry, oilpatch on July 15
Testing and reporting had been suspended due to the COVID-19 pandemic
Gathering limits make it a ‘great time to be building a pipeline:’ Alberta minister
Sonya Savage said, “Now is a great time to be building a pipeline because you can’t have protests of more than 15 people”
Oilpatch welcomes federal aid despite climate change condition
Toews says companies shouldn’t face problems with the requirement to help meet federal climate change commitments.
Teck exits energy industry group CAPP, citing cost cutting
Resource company targeting $1 billion in cost reductions for 2020 – double what it proposed in October.
COVID-19 scare at oil sands work camp tests businesses’ plans
Possible virus case shows Civeo’s safety protocols at Suncor Energy base camp work.
Teck decision underscores investment crisis in Canada
The federal government is to blame for a significant drop in investment across 10 of the 15 major sectors of the Canadian economy.
Few approved oil sands projects stand to be built in near term: analysts
Output could grow by as much as 1.3 million bpd but more capacity for transport needed.
Alberta government in court to stay judge’s order re: oil sands decision
Prosper Petroleum waiting 19 months for a decision on Rigel project, province given 10 days.
Kenney says feds sank Teck mine with deadline change
Ottawa says “not true”, it is not true” Teck was told that the cabinet was going to defer.
Teck withdraws Frontier mine application, cites climate change discourse
Wants jurisdictions to have a framework in place that reconciles resource development and climate change.
Shelved Suncor thermal oil sands project wins Alberta approval
Would use steam to produce bitumen from wells, can now apply for environmental and local development permits.
Court gives Alberta 10 days to make decision on oil sands project
Prosper Petroleum has asked the court to force the Tory government to rule on a project that was approved by the Alberta Energy Regulator in June 2018.
Suncor posts $2.3B loss, writes down oil sands and offshore assets
Accounts for $393 million accounts for higher capital cost estimates for the West White Rose Project.
Miner Teck sets target to be ‘carbon neutral’ by 2050
Looking at other ways of move materials, cleaner power, efficiency measures, producing more metals used in EVs and renewable power generation.
Panel suggests schools ‘balance’ climate change, oil sands lessons
Looking for research, evidence-based knowledge to be transferred to students through curriculum.
Cenovus credits quota easing as it ramps up crude by rail
Shipments to 100,000 barrels per day by the end of last month, which energy company says bodes well for its oil sands expansion plans.
Studies question assumptions on industrial damage to Wood Buffalo park
There has been lots of controversy and claims that weren’t necessarily supported by data: aquatic ecologist.
Cenovus capital spending to edge higher in 2020, production to rise
Increase largely due to a deferral of spending following the mandatory production curtailments in Alberta.
Proposed diluent recovery unit to boost crude export room
Gibson Energy will partner with US Development Group to construct and operate the facility, to open in 2021.
Cenovus boosts oil output plans on curtailment relief for rail
To startup its $675-million, 50,000-barrel-per-day Christina Lake phase G oil sands expansion project.
Encana HQ move to US an oilpatch ‘tragedy’: Cenovus CEO
Foreign companies have also taken billions of dollars with them as they left the Canadian oilpatch.
Not a political question: Thunberg calls for climate action in Alberta
Protesters and counter-protesters were drawn to the rally attended by the 16-year-old Swedish climate activist.
Norwegian fund cuts four Canadian oil sands firms
Has reduced its tolerance threshold for companies with interests in the oil sands from 30% to 5%.
New tech moves oil sands bitumen in container to West Coast
BitCrude process uses an electrically powered diluent recovery unit to produce a product that’s non-flammable.
Oil sands CEOs take federal election message to voters
Newspaper ads ask readers to call on “leaders of all political stripes” to lend their support to the energy industry.
Suncor posts $2.73B income on Alberta tax recovery, higher oil output
Earnings were buoyed by a one-time deferred tax recovery of $1.12 billion associated with corporate income tax rate cut of 1%.
Alberta energy war room must avoid online mudslinging: experts
Kenney government aims to get the $30-million Calgary-based war room running this summer.
Canadian Natural buying Devon Energy’s Canadian assets for $3.8B
Includes thermal in situ oil sands production and conventional primary heavy crude oil operations next door.