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.