November 7, 2012

Enbridge Q3 profit up thanks to liquid pipes

Enbridge Inc. (TSX:ENB), the largest transporter of Canadian oil to the U.S., posted Wednesday better third-quarter results compared to the same period last year driven by recovering earnings from its…

November 5, 2012

Environment Canada’s document indicates pollutants near oil sands

A document obtained from Environment Canada confirmed Monday what scientists from the University of Alberta published in 2010: that there is mounting evidence of contaminants in the snow and even…

November 2, 2012

Canada’s oil sands threatened by spiralling costs – report

A private government memorandum obtained by Canada’s CBC shows that Alberta’s oil sands, one of the country’s key economy engines, could soon get stalled due to mounting developing costs and…

November 1, 2012

TransCanada to build $1 billion pipeline in Mexico while being audited by Canadian regulators

TransCanada Corp. (TSX,NYSE:TRP) will invest about $1 billion in a new natural gas pipeline in Mexico after being granted a permit to contract to build, own and operate the duct…

October 30, 2012

Canadian Oil Sands income on the way up, but warns of drop in cash levels

Canadian Oil Sands Ltd. (TSX:COS) increased its 2012 cash flow guidance by 20% after reporting third-quarter net income climbed to $338-million as lower operating expenditures offset a decline in revenues.

October 30, 2012

TransCanada’s profit in the third quarter down 4%

TransCanada Corp. (TSX, NYSE:TRP), Canada's largest pipeline company, said Tuesday third-quarter profit dropped 4% compared to the same period last year, missing estimates.

October 29, 2012

Fluor to Provide Engineering Services on MacKay River Oil Sands Project in Northern Alberta

It will provide Suncor Energy front-end project management and engineering services on the energy company’s MacKay River Phase 2 oil sands project near Fort McMurray, Alberta, Canada.

October 29, 2012

TransCanada and Phoenix Energy join forces to build $3-billion pipeline

TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil…

October 24, 2012

Alberta oil sands to benefit Canada’s total economy: report

Alberta's oil sands will positively affect all Canadian provinces and will lead to billions of dollars of jobs and investment across the country, says a Conference Board of Canada report…

October 23, 2012

3,500 protest against Northern Gateway; company still to go ahead

Thousands of people jammed the front lawn of Canada’s British Columbia parliament on Monday to oppose the controversial Enbridge's proposed $5.5-billion pipeline from the Alberta oil sands to the country's…