Canadian Oil Sands companies are asking the government to upgrade the section of Highway 63 north of Fort McMurray, in the province of Alberta, which leads to several oil sands projects.
Statistics Canada revealed today that the provinces of Alberta and Saskatchewan led the country in economic growth in 2011, buoyed by the extraction and exploration of their natural resources.
Kinder Morgan (NYSE: KMP) is going ahead with its planned $5 billion expansion of the Trans Mountain pipeline in Canada, which brings crude oil from the Alberta oil sands to Vancouver’s port.
The Canadian oil sands will need to more than double its workforce over the next decade, as expansion projects create new positions and existing workers retire, says the Petroleum Human Resources Council of Canada.
A group of twelve major Canadian oil sands producers, including some of the world's biggest energy companies, have reached an agreement to share unlimited information on environmental technologies, which sweeps away several intellectual property rights.
In a move seen as a clear attempt to build popularity, former U.S. president Bill Clinton called Americans to embrace TransCanada's Keystone XL pipeline, only three days after the Calgary based company announced it was going ahead with the construction of the southern leg through the States.
Premier Dalton McGuinty says he wants to clarify comments he made that were taken as a slight to Alberta’s oilsands. Asked by Alberta Premier Alison Redford to publicly support her province’s resource, McGuinty mentioned that the high Canadian dollar is hurting Ontario’s manufacturing sector.
In the midst of intense lobbying from Canada, a committee of the European Union Parliament blocked passage of a proposed fuel quality directive that would label Canada’s oil sands as a more carbon-intensive source of oil than conventional crude
Canadian oil producer Athabasca Oil Sands Corp. (TSX: ATH) has exercised its option to sell its remaining 40 per cent interest in the MacKay River oil sands project to Cretaceous, a unit of Chinese oil giant PetroChina for about C$680 million.
Think of oil sands mining, and images of mammoth machinery, digging and hauling bitumensoaked sand from pits to processing plants, immediately spring to mind. The procedure is dirty, requires huge amounts of natural gas and water, and scars the landscape to such a degree that some Canadian politicians …
Big, tough and powerful are the best words to describe the enormous mining equipment that roams the Canadian oil sands like prehistoric beasts. Here in the wilds of northern Alberta, the oil-rich Canadian province that fuels the country’s economy, the boreal forest lies overtop vast …
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.