A majority of Canadians overestimate the contribution the oil sands make to the world’s 11th largest economy, a study published Friday reveals.
Foreign takeover rules imposed in 2012 have hurt oil sands companies, shows a new study by the University of Calgary’s School of Public Policy.
After years of lobbying, Canada's Federal Government seems to have persuaded the European Commission to change draft rules that would open the way for Alberta crude supplies.
Company claims comment was part of a requirement for the application to the National Energy Board.
Despite objections from several groups, the Harper government declared over the weekend the humpback a "species of special concern" under the Species at Risk Act (SARA).
Chinese capital could fund 40% of the necessary investment in the country's oil sands over the next 20 years.
Lower sales, lower prices, lower production.
Canada’s natural resources minister Joe Oliver continues to hit back against critics of the country’s oil sands.
But the Calgary-based company acknowledges the path will be full of obstacles.
Report prepared by Deloitte & Touche shows the pipeline could also generate $10 billion in GDP just in the construction phase.
Ruling eliminates one of the last obstacles to completion of the Canadian oil-sands duct's southern leg.
It will move 1.1 million barrels of crude per day from Alberta to New Brunswick
Company down on Toronto exchange.
Suncor Energy and Canadian Natural Resources could be targets for activist investors, Barron said.
Canada is heading towards a "staples trap," whereby the more quickly bitumen is exported, the less diversified and productive the economy becomes, warns a study.
Canadian oil and gas company Nexen’s shares climbed over 2% after the announcement.
Oil pipeline project is core public policy issue for Canada and the U.S., says Naheed Nenshi
A Queen University’s study confirms suspicions about contamination of lakes by Alberta’s oil sands.
The Prince Rupert Gas Transmission project is expected to have an initial capacity of about 2 billion cubic feet of gas per day.
Canada risks stranding its resource bounty unless it adds new pipeline capacity to the West Coast, eastern provinces and the U.S., says Natural Resources Minister Joe Oliver, who believes the issue will be one of the biggest items on his plate in 2013.
While the cross-border outcome for TransCanada’s Keystone XL pipeline is still up in the air, U.S. opposition to the southern section currently under construction in Texas and Oklahoma is escalating.
Growing North American light oil production is expected to cause crude from the Syncrude oilsands mine to fetch a discounted price, says Canadian Oil Sands Ltd., the largest partner in the massive development.
Canada’s oil sands giant Suncor Energy (TSX, NYSE:SU) has lost an appeal of a temporary injunction that halts the start of random drug and alcohol testing on its employees.
In an unusual move, Chinese state-owned CNOOC and Canada’s Nexen Inc. (NYSE,TSX:NXY) have resubmitted notice of their potential deal to US regulators, which will reset the clock on Washington’s approval for the $15 billion energy deal.
Western Canada’s Vancouver, Victoria, Smithers and Prince George are expected to be Tuesday the main stage for rallies against oil and gas pipelines, as part of national and international actions spearheaded by the Unis’tot’en clan of the Wet’suwet’en Nation in British Columbia.
Canada’s Enbridge Inc. (TSX, NYSE:ENB) announced Monday its has entered into an agreement with Canopy Prospecting Inc. to develop rail facilities that will deliver crude oil from the Bakken shale prospect in North Dakota to Philadelphia refineries by the third-quarter of 2013.
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