Canadian Oilsands

Oilsands projects to keep pumping while losing money, analyst says

Technical issues associated with stopping oilsands production CALGARY _ Oilsands operators have little choice but to keep pumping despite the fact they are losing money on every barrel they produce at today’s crude prices, according to an industry analyst. The price of West Texas Intermediate crude, the closely watched U.S. benchmark, fell to its lowest

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Alberta climate policy development ‘just a matter of talking’

Alberta climate change policy began with Prentice government EDMONTON _ The new Alberta climate policy is partly rooted in a series of low-profile dinner meetings that took place well before the election of Premier Rachel Notley and her fellow New Democrats. In 2014, the province’s environmental reputation was creating increasing resistance to its energy products

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Keystone XL review drags on 5 times longer than average

Keystone XL review anything but ordinary WASHINGTON – For six and a half years, the White House has had a quick comeback to questions about its yet-to-be-announced decision on the proposed Keystone XL pipeline: Talk to the State Department. Under a George W. Bush-era executive order, oil pipelines crossing U.S. borders require a presidential permit, setting off a

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Imperial Oil’s Kearl oilsands expansion project up and running

Kearl oilsands expansion project significantly reduces greenhouse gas emissions On Tuesday, Imperial Oil announced the successful startup of the $9 billion Kearl oilsands expansion project. New technology used in Imperial Oil’s Kearns oilsands project will mean on a well-to-wheels basis, diluted bitumen will have about the same greenhouse-gas emissions footprint as the average crude refined today in

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