A female Suncor Energy employee was attacked and killed by a black bear at the company’s oil sands production facility in Northern Alberta, Canada yesterday. “An extensive investigation is now underway at a Suncor worksite in northern Alberta after a large male black bear attacked and killed a female employee. At about 2 p.m. at… Keep reading →
Google struck a deal for 407 MW of wind power – reportedly its largest clean energy contract to date – with MidAmerican Energy, a firm mostly owned by Warren Buffett’s Berkshire Hathaway conglomerate. The power will be used at Google’s Iowa data center. “The deal includes both direct energy generation from MidAmerican’s wind farms and… Keep reading →
The project is a way from shovels in the ground, but UK-based independent Tullow Oil is working towards bringing the considerable oil resources it’s discovered in Kenya and Uganda to market, which will require an extremely long, heated pipeline to transport the waxy crude. [The Observer] As businesses continue to seize opportunities presented by currently… Keep reading →
Last week 11 democratic senators signed a letter to President Obama urging a Keystone Pipeline decision be made by May 31. Sen. Heidi Heitkamp of North Dakota spearheaded the letter along with new Energy and Natural Resources Chairwoman Mary L. Landrieu of Louisiana. The senators expressed the importance of not missing the summer construction season.… Keep reading →
By Bryan Borzykowski Last June, Warren Buffett’s Berkshire Hathaway surprised a number of investors by sinking more than $500 million into Suncor Energy (NYSE: SU), one of Canada’s largest oil-and-gas companies. To Americans, it may have seemed like just another one of the Oracle’s undervalued plays, but it got a lot of long-suffering Canadian energy… Keep reading →
In a hearing about the Keystone XL Pipeline on Capitol Hill last week, Sierra Club Executive Director Michael Brune provided testimony that argued against building the pipeline. Brune’s statements were immediately disputed by pipeline supporters. One of the main issues that has emerged as part of the pipeline debate is whether the oil transport system… Keep reading →
We’ve increasingly seen celebrities voice their views on energy-related issues and recent Academy Award winner Jared Leto just joined the crowd when he signed an open letter to Secretary of State John Kerry urging him to recommend Keystone XL pipeline permit disapproval to President Obama. The dramatic letter compares Kerry’s Keystone decision to his 1971… Keep reading →
The highly controversial Keystone XL pipeline project – that would move Canadian oil sands crude from Alberta to the US Gulf Coast – took a step forward in the drawn-out approval process today when the State Department released its Final Environmental Impact Statement. The statement is mostly favorable – the executive summary is included below.… Keep reading →
Northeast distillate inventories decreased by 19% in the past 3 weeks and are currently 50% below the 5-year average, according to the EIA. “Demand for heating oil has outpaced supply during January’s cold snaps, resulting in a drawdown of stocks… In addition to increased demand from consumers that regularly use oil heat, press reports indicate… Keep reading →
Presidential Permit for Keystone XL Not a Foregone Conclusion
By Roman KilisekLast Friday the U.S. Department of State released its Final Supplemental Environmental Impact Statement (SEIS) for the Keystone XL pipeline project. Instantly, many media outlets were only too eager to suggest that with this report the Keystone decision to be made by President Obama is a foregone conclusion; namely, in favor of the controversial project.… Keep reading →