Many businesses undoubtedly will be affected by the raging wildfires in Canada’s oil-rich Alberta province.
Oil Sands
Alberta Wildfires – Insurance For Financial And Other Losses Of Affected Companies
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We will never sell or share your information without your consent. See our privacy policy.Trudeau’s Election Victory Could Steer North American Energy In A New Direction
By Conor O'Sullivan
The electoral victory of Justin Trudeau, the son of former Canadian Premier Pierre Trudeau, may have caused American energy leaders to sit up and take notice. Trudeau’s victory caps a resurgence for the left-wing New Democratic Party who have been out of power since 2006. Trudeau plans to initiate a series of clean energy reforms that… Keep reading →
At some point during the past seven years the Keystone XL pipeline ceased to exist only as an important project of energy infrastructure – one that could generate jobs, economic growth and strengthen U.S. energy security – and became a symbol for a narrow ideological agenda, a political football the White House has endlessly punted… Keep reading →
Energy Quote of the Day: ‘I Don’t Think Any One Issue is a Disaster for the Climate’
By Edward Dodge
EPA Administrator Gina McCarthy commented Monday that construction of the Keystone XL pipeline would not spell doom for the planet. McCarthy was asked about the climate impact of Keystone XL at an event hosted by Politico’s Mike Allen. “No, I don’t think that any one issue is a disaster for the climate… nor do I… Keep reading →
The President of one of Canada’s biggest oil and gas producers warned the oil sands industry that they must cut costs or face a “death spiral”. The drop in oil prices is an “opportunity” for every part of the industry to cut costs and eliminate inefficiencies that crept into the system during years of high… Keep reading →
Energy News Roundup: Oil Sands Producers Not Slowing Yet, Greenpeace Activists Could Face Extradition and floating Oil Storage Surge
By Jared Anderson
Oil sands producers have been through oil price declines before and some are hoping economies of scale, along with innovation, can reduce costs enough to make it through the current market cycle. “Syncrude forecasts operating costs at C$45.69 ($38.07) per barrel in 2015. Oil sands crude trades at a discount to the West Texas Intermediate… Keep reading →
Alberta is Canada’s energy powerhouse, home to the country’s oil sands resources, significant natural gas reserves and over 10 active coal mines. As the country seeks to be a global energy power it needs the steward of its abundant resources to be viewed as one of the world’s best, and that responsibility now falls on… Keep reading →
An Oil Boom is a Power Boon U.S. News (Lamont Colucci): OPEC met on Nov. 27, and openly recognized that the United States’ oil technological revolution – driven by enhanced oil recovery methods including hydraulic fracturing (known as fracking) and horizontal drilling – has undermined the cartel’s economic and political power. This constitutes one of the… Keep reading →
Alarmist media reports regarding oil’s foray into bear market territory could easily leave you thinking the oil industry is gasping its last breath. It certainly is not, as companies involved in the global oil complex are accustomed to commodity price volatility and most have experienced similar, if not worse, market corrections. In fact, over the… Keep reading →
Energy News Roundup: Egypt Expands Renewables, Statoil Delays Oil Sands Project and Australian Gas Prices Soar
By Jared Anderson
The Egyptian government wants the country to receive 20% of its power from renewable energy sources by 2020 and will auction 2GW of wind power capacity and 2GW of solar capacity next month to advance that goal. The country desperately needs to bolster its power generation capacity so it will also seek bids for 4… Keep reading →
