Oil Sands Mining News

Why Alberta oil will be California-bound

But Asia rises as potential market for Trans Mountain crude say analysts.

Donald Trump's cabinet to include oilsands-loving Texans

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.

US EPA says fracking can impact drinking water resources

The agency said such statement, however, cannot become a “national, systemic conclusion” about the impacts of the oil and gas extraction method.

Not so prolific: US shale faces a reality check

The collapse of oil prices has forced the U.S. shale industry to slash production costs.

Canadian Natural sells pipeline stake for half a billion 

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.

Can carbon taxes kill pipeline opposition?

The fundamental question remains: can carbon taxes return growth and prosperity to oil sands?

Global oil and gas exploration likely to return to profitability in 2017

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."

Cenovus resuming Christina Lake oil sands expansion, boosts capex

Construction of the 50,000-barrel-a-day expansion will begin in the first half of 2017, the company said.

Risk of potential oil tanker spill ‘close to zero' — experts

Pipeline ruptures, bunker fuel spills pose a greater risk than a major oil tanker spill, they say.

Capital allocation: Canadian miners' top priority for 2017

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.

Main contractor on Shell LNG Canada project cancels bidding

CFSW LNG Constructors – a consortium of four major engineering and construction firms and the lead contractor for LNG Canada – has cancelled the bidding process for the project.

Montney in high gear despite market uncertainty

Flux in gas demand, delay in Petronas decision among clouds on B.C. northeast’s horizon.

Rodent bait from oil sands poisoning animals commonly trapped in Alberta

Companies respond by banning rodent poison.

Trudeau approves Trans Mountain pipeline, kills Northern Gateway

Trudeau approves Trans Mountain and Line 3 replacement project, rejects Northern Gateway.

Canada expected to make pipelines announcement today

Supporters and opponents of oil pipeline projects have been gearing up with preemptive moves this week in anticipation of announcements expected late Tuesday by the federal government.

Oil comes back to life in Canada

Two years after the collapse in oil prices forced the oil and gas industry to scale back drilling, the Canadian Association of Oilwell Drilling Contractors (CAODC) is forecasting a year-over-year increase in the number of wells drilled in Canada.

Alberta inks $1.36bn deal with three firms to shut down coal plants

Payments will be done over the next 14 years to compensate the firm for shutting down their plants earlier than originally planned.

Donald Trump’s stock in Dakota Access oil pipeline company prompts concern

Trump’s investments could affect any decision he makes on the US$3.8 billion project as president.

B.C. First Nations, government ink multi-million dollar Coastal GasLink deal

The new new agreement on the Coastal GasLink natural gas pipeline project will help ensure that the Saulteau community can participate in and benefit from B.C.'s LNG opportunity.

Oil consumption outlook fuels further pipeline debate

Fossil-fuel-free future far off as world demand to increase, says the International Energy Agency.

Carbon tax won't affect oil sands development if crude rises above $60 — report

That's the estimated minimum price oil sands companies need to go ahead with their projects, and if it's reached then the extra cost of a carbon tax likely won't sway a decision.

Shell Canada boss says stay the course on carbon pricing as Quest CCS project exceeds expectations

Royal Dutch Shell, a long-time advocate of pricing carbon, says the strategy needs to be maintained regardless of what happens south of the border.

$1.2-trillion ‘Wolfcamp' discovery means Canada's oilsands should fear Texas

The oilsands suddenly have a real reason to fear Texas.

Canada to fully phase out coal power by 2030

Gov’t will work with the four provinces that still burn coal to reach the goal of making sure 90% of Canada's electricity comes from sustainable sources by 2010.