Oil Sands Mining News

Clean mining project shortlisted for $950 million Canadian gov’t funding

The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027.

Energy East's death pins the oilsands' hopes on two pipelines with their own troubles

TransCanada Corp.’s cancellation of the Energy East pipeline leaves Canadian oil producers more dependent than ever on the Keystone XL and Trans Mountain proposals, two projects facing ardent opposition in their own right.

The next big offshore boom is about to happen here

The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil.

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.

Canada's oil sands at 50: How much life is left in the resource?

It's the 50th anniversary of the 1st commercial operations in the oilsands. Will they get to 100?

Trump's solar tariff confusion creates an opportunity

The solar sector is reeling from confusion, and stock prices are reeling right along with it.

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.

The $10 trillion mineral resources North Korea can't tap

North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.

These three major oil sands projects are almost done

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

The oil market is bigger than all metal markets combined

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

How EIA guestimates keep oil prices subdued

The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks.

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.

BHP hires Barclays, Citi for US shale gas divestment — sources

The business could fetch around $10 billion, two banking sources said.

Canadian pipeline protesters launch new battle from the water

More than a hundred environmental activists gathered last weekend to practice seaborne drills to disrupt construction on Kinder Morgan's Westridge crude oil terminal.

CRIN: Energy acronym embodies next wave of resource innovation

It has no executive director, president or staff. It has no address or letterhead. No one has a CRIN business card. You won’t find it with a Google search.

The next oil price spike may cripple the industry

How it is possible for the price of oil to go both up and not up, and what would that mean for the oil industry?

Good and bad news from Japan-China oil sands projects in Canada

On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta

Mining industry can now predict opposition to projects before it's too late

Chalkstone was born out of counter-insurgency tactics used by troops in Afghanistan, but its unique methodology is now being used by miners, which can map-out power structures and counter the potentially crippling risk of strikes and political opposition.

This oil price rally has reached its limit

Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel.

Electric vehicles no threat to oil prices anytime soon

Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks are replaced by uber-clean Electric Vehicles (EV).

Mining jobs in Canada to go begging: MiHR report

A torrent of retirements over the next 10 years is poised to wreak havoc on the mining labour market in Canada.

Electric car industry faces a looming supply storage

“Lithium is the new oil,” goes the saying in electric vehicle (EV) circles.