Alberta Mining News

Canada's oil sands survive, but can't thrive in a $50 oil world

Canada’s oil sands producers are stuck in a rut.

Environmental group’s office raided to collect for Enbridge

After sending court bailiffs to seize property from Stand.earth, Enbridge backed off, saying it will not seize property after all.

Sherritt International fined $1 million for coal mine spills in Canada

Sherritt pleaded guilty in the Provincial Court of Alberta to three counts of contravening the Fisheries Act.

Big trucks, dead ducks put Alberta's oilsands under environmental scrutiny

Two things helped make Alberta’s oilsands a top North American environmental concern — ducks and trucks.

Total to wait for better oil prices before selling Canadian assets

CEO Patrick Pouyanne said the company’s priority was "value over volume", adding that oil sands were among the high breakeven projects in Total's portfolio.

Canada’s Cenovus to sell Suffield assets in Alberta for $512m

The sale of the Suffield assets to to International Petroleum Corporation is expected to close before the end of the year.

Canada does not need more oil sands pipelines, report claims

A report by the Centre for International Governance Innovation argues the global push to reduce carbon emissions over the next three decades will reduce the size of future oil markets.

These three major oil sands projects are almost done

All three projects are now over 95% built and transitioning into start up.

Canadian energy firms push alternatives to oil sands

Western Canada's conventional energy producers are looking to step out of the long shadow cast by the oil-sands sector to tout the economic and environmental benefits of light oil and natural gas development.

Do we really want Canada's energy sector to come back – ever?

The energy sector accounts for a significant part of Canada’s prosperity. The industry is the single largest private sector investor, employing more than 425,000 people.

Canada’s Alberta forks over $50 million for emissions cuts at oil sands

Another $30 million will go to help fund 12 projects that tackle methane emissions in the province.

Quebec's economy benefits from Canada's oil sands: study

The study found Canada's oil sands had a substantial impact on Quebec's economy in terms of employment, gross domestic product (GDP) and tax revenue, in a 12-month period between 2014 and 2015.

Cenovus CEO to retire as company sells up to $5bn in non-core assets

News come as the Calgary-based firm is trying to win over investors upset by its $17.7-billion acquisition of oil sands and natural gas assets from ConocoPhillips Co.

Oil sands projects growth to drive need for more pipelines — CAPP

Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, according to the Canadian Association of Petroleum Producers.

Shell speeds up exit from oil sands, selling stake in Canadian Natural Resources

Transaction could become one of the country’s one of the biggest-ever equity sales.

Suncor plans to build new oil sands project in Canada

The Lewis project would be located about 25 km northeast of Fort McMurray and could eventually produce up to 160,000 barrels a day.

Production at Syncrude’s Mildred Lake oil sands to fully resume in June

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

US emissions dropped 1.7% last year

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

Canadians asked to weigh in on Teck’s proposed oil sands mine

The Frontier project is located 110 kilometres north of Fort McMurray, in Alberta, around 40 kilometres from the Fort McKay First Nation's reserve.

Production at Syncrude’s Mildred Lake oil sands to fully resume in April

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.

Donald Trump approves Keystone XL pipeline

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.

Suncor’s plan for tailings clean-up rejected by Alberta’s regulator

Suncor Energy’s plan to clean up tailings in some of its oil sands operations using water capping, also known as an end-pit lake, have hit a snag as the Alberta Energy Regulator rejected the proposal saying the firm’s plan lacked evidence the strategies would work.

Shell sells Canadian oil sands businesses in deals worth $8.5 billion

Once the deals close, there will be only three major companies — CNRL, Suncor and ExxonMobil majority-owned Imperial Oil Ltd. — dominating Canada's oil sands industry.

Oil sands jobs may be gone for good

With oil holding steady above US$50 a barrel since December after having bottomed out to about $26 in early 2016, energy analysts say the growth of automation and other labour-saving efficiencies could hold back many jobs from returning with the economic recovery.

Enbridge buys stake in one of Europe’s largest wind parks for $1.7bn

The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.