An industry source told Breaking Energy last November the two greatest challenges companies operating in Alberta’s oil sands region face are access to markets and skilled labor. Alberta Energy Minister Ken Hughes elaborated on these and other issues during a recent phone call.
In a scenario where the Keystone XL Pipeline is not approved by the Obama Administration, Minister Hughes said companies have lots of different options and that rail has become “compelling.” Although generally less efficient than transporting oil via pipeline, rail could be used to bring Canadian oil as far as the Gulf Coast and maybe the West Coast and Mid-continent as well, he said. Keep reading →
Nuclear Fusion: ‘This is the Adventure Part of Venture Capital’
By Jared AndersonWhile eating lunch at a recent energy conference with the usual random selection of delegates and speakers, I asked the co-founder of a leading energy venture capital firm what technology he finds most exciting right now. Without hesitation, he began telling me about his company’s ambitious, longer-term bet on a small nuclear fusion company. He then put me in contact with his partner and co-founder, who helped fill in the details for this story. Keep reading →