As the book closes Friday, January 20, 2017, on President Barack Obama’s two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price.
Oil Sands Mining News
Fracking is poised to increase under the Trump administration, and with it will come the need for larger quantities of fracking sand.
The Canadian Security Intelligence Service (CSIS) warning highlights an additional risk for the energy sector
Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed.
Lawmakers have voted in favour of pushing ahead with a trade deal that would allow Canadian oil sand producers to export more crude to the old continent.
Court forced B.C. to issue its own environmental certificate on pipeline expansion.
For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam.
World Bank's 2017 outlook says US impact on commodity markets diminished, but it's still number 1 for oil and number 2 in copper, aluminum and lead.
The adoption of a“partial upgrading” technology could bring in hundreds of millions of dollars into Alberta's economy, a new study claims.
Two workers were killed and five were injured when cables holding up a roof support structure snapped at an Alberta oil sands project in 2007.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.
That is how much the company will have to spend just getting the expansion project shovel-ready, according to Conference Board of Canada estimates.
Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe it has a future in the Canadian oil sands.
But Asia rises as potential market for Trans Mountain crude say analysts.
Donald Trump's prospective cabinet is now stacked with friends of Canadian oil, with vocal proponents of the Keystone XL pipeline his picks to run key posts in the State and Energy departments.
The agency said such statement, however, cannot become a “national, systemic conclusion” about the impacts of the oil and gas extraction method.
The collapse of oil prices has forced the U.S. shale industry to slash production costs.
One of the largest Canadian oil and gas companies has sold its stake in a major pipeline system linking it and other major oil producers in northern Alberta.
The fundamental question remains: can carbon taxes return growth and prosperity to oil sands?
Dr Andrew Latham, vice president of exploration at Wood Mackenzie said: "The industry has a good chance of achieving double digit returns in 2017. Smarter portfolio choices and lower costs are already paying off."
Construction of the 50,000-barrel-a-day expansion will begin in the first half of 2017, the company said.
Pipeline ruptures, bunker fuel spills pose a greater risk than a major oil tanker spill, they say.
With fluctuating commodity prices, the top priorities for Canadian miners next year will be capital allocation, strategic deal making and employing new technology and innovations, a report shows.
Oil sands/US waterways at risk of spills NRDC: Canadian tanker scheme puts US coasts, key rivers in real danger
A flood of dirty oil and possible damaging spills in the Atlantic, Pacific and Mississippi River threatens iconic species, tourism and communities; also would increase climate pollution double Keystone XL’s.