Gibson Energy will partner with US Development Group to construct and operate the facility, to open in 2021.
To startup its $675-million, 50,000-barrel-per-day Christina Lake phase G oil sands expansion project.
Foreign companies have also taken billions of dollars with them as they left the Canadian oilpatch.
Protesters and counter-protesters were drawn to the rally attended by the 16-year-old Swedish climate activist.
Has reduced its tolerance threshold for companies with interests in the oil sands from 30% to 5%.
BitCrude process uses an electrically powered diluent recovery unit to produce a product that’s non-flammable.
Newspaper ads ask readers to call on “leaders of all political stripes” to lend their support to the energy industry.
Earnings were buoyed by a one-time deferred tax recovery of $1.12 billion associated with corporate income tax rate cut of 1%.
Kenney government aims to get the $30-million Calgary-based war room running this summer.
Includes thermal in situ oil sands production and conventional primary heavy crude oil operations next door.
…unless new Alberta premier Jason Kenney lifts emissions cap.
In Q1, improved commodity pricing drove a strong financial performance, and royalty payments of more than $190 million.”
Scientists say four major oilsands mines are releasing an average of about one-third more carbon dioxide per barrel of oil than they report.
Research suggests while renewables are still small, they play a big role in meeting new demand.
No point in doing so if there’s no pipeline capacity to carry the oil to market.