Barbara Gard calls her three-hectare property, nestled below the forested peak of Sumas Mountain, a “miniature Stanley Park.” Its lush trees and flowing creek reminded her of Vancouver’s majestic park, and she immediately knew she wanted to call it home.…
Tag: Alberta oilsands
Alberta oilsands conference to be held in Fort McMurray
September 9 2019 8:15pm A massive oilsands conference is set to take place in Fort McMurray this week. When it kicks off Tuesday, a lot of attention will be on Premier Jason Kenney and the federal Liberals. Tom Vernon reports.…
Chinese companies commit to Alberta oilsands despite setbacks
While some European and U.S. companies cut their exposure to the Canadian oilsands, China’s Big Three oil giants — CNOOC, PetroChina and Sinopec — seem content to let their bets ride even if the results haven’t been spectacular. In 2018,…
Foreign share of production in Alberta’s oilsands falls from 33% to 16%, analysis shows
When it comes to talking about how the northern Alberta oilsands have lost their lustre for foreign investors, Satoshi Abe sounds a lot like his Canadian counterparts. “I think Canada itself creates significant barriers to new investment,” said the president…
Trans Mountain to resume construction on pipeline expansion
Trans Mountain says it is restarting construction on its pipeline expansion project. The company said work will resume at the Westridge Marine Terminal and Kinder Morgan’s Burnaby Terminal as well as in communities in Alberta. It has issued directives that…
Alberta to continue oil production curtailment until 2020 as pipeline delays persist
The Alberta government says some oil companies may have to limit their production until the end of 2020 as pipeline delays persist. Energy Minister Sonya Savage says the current limit is being extended because there are no new pipeline expansions…
Oilsands firms considering diluent recovery units to increase crude by rail volumes
Ongoing pipeline project delays and growth in crude-by-rail capacity from Western Canada are leading some oilsands producers to consider spending billions of dollars to build diluent recovery units. Oilsands bitumen is a thick, sticky oil which must be diluted with…
Finning optimism rises on better than expected oilsands, construction markets
Surprising strength in western Canadian oilsands and construction markets along with rising interest in driverless mining trucks and a tax cut in Alberta are fuelling optimism for Finning International Inc. The Vancouver-based heavy equipment dealer on Wednesday credited sales and…
3 major oil firms ask voters to support energy industry
August 1 2019 8:23pm Three of the biggest producers in Alberta’s oilsands are appealing directly to Canadians ahead of this fall’s federal election. Tom Vernon explains why. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””; if( typeof gnca_social_share_collection[rel_id] !=…
Oilsands production growth cut despite lower building costs in CERI forecast
The Canadian Energy Research Institute says growth in oilsands production over the next 20 years is expected to be slower than previously forecast, despite falling project construction costs. In an update study, the Calgary-based think-tank says it expects total oilsands…