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Oil Sands News Digest
Saturday 29 April 2017
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The Frontier project is located 110 kilometres north of Fort McMurray, in Alberta, around 40 kilometres from the Fort McKay First Nation's reserve.

Pipeline shipments would restart at approximately 50% of capacity in early May.

The fall was driven by a flood of shale natural gas supply and renewable power increasingly displacing coal, the International Energy Agency (IEA) said.

Solar power, once derided as an expensive and unreliable energy source, has become a major generator of employment in the United States, according to new data supplied by The Solar Foundation.

Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.

Suncor Energy, the largest partner in Syncrude, said it expects to meet its 2017 production targets despite a fire that shut down the Mildred Lake upgrader almost two weeks ago.

He said the project would employ 28,000 people, with TransCanada predicting only 13,000 temporary construction jobs and the US State Department saying only 50 of them will be permanent positions.

Majors look to a future with renewable energy – and possibly without oil.

Vancouver company focused on bringing $13 billion oil sands project into production before the end of the year

The biggest banks remain bullish on oil prices, but analyst projections about global supply and demand are increasingly diverging.

If oil demand were to reach an actual peak, then the top might be easier to predict. As it stands, the forecast models of demand are likely predicting peak demand far later than it will be.

One thing is being largely left out of the pro- vs anti-pipeline discussions of late – the plain and simple fact that we need them.

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