TC Energy says Keystone XL pipeline will lead to lower greenhouse gas emissions as opposed to other transportation

March 31 2020 5:19pm TC Energy CEO Russ Girling says the Keystone XL pipeline will be one of the safest and environmentally friendly ways to transport oil. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””; if( typeof gnca_social_share_collection[rel_id] !=…

‘We believe the timing is good’: Kenney cites current crisis for reasons to invest in Keystone pipeline now

March 31 2020 5:18pm Premier Jason Kenney says the ongoing COVID-19 pandemic and economic uncertainty in Alberta are the reasons why it’s the right time to invest in the Keystone XL pipeline. ‘ }); } else { var rel_id =…

TC Energy says it is going ahead with US$8 billion Keystone XL Pipeline

TC Energy Corp. gave the go-ahead for construction of its US$8-billion Keystone XL Pipeline project on Tuesday, with a helping hand from the Alberta government. The company said Alberta has agreed to invest approximately US$1.1 billion as equity in the…

Oilsands companies in the red as blended bitumen price dips below $4 per barrel

Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said. Realized prices for bitumen likely crossed into negative territory as they…

Canadian environmental groups, unions, churches ask that potential oil bailout be for families, not companies

Some Canadian organizations are asking the federal government to focus any bailout of the oil industry on workers and families, not corporations. The request comes in an open letter to Prime Minister Justin Trudeau, released Tuesday morning and signed by…

Part of Syncrude oilsands upgrader remains down after fire last Sunday

By Staff The Canadian Press Posted March 6, 2020 12:09 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Part of Syncrude Canada’s oilsands mining complex in northern Alberta remains out of commission following…

Oilsands mine production bump prompts Shell upgrader expansion: CNRL

A boost in output from oilsands mines formerly operated by Shell Canada has sparked a $70-million expansion at a Shell oilsands upgrader, the president of Canadian Natural Resources Ltd. reported Thursday. Increased reliability and process improvements have lifted capacity at…

Suncor Energy files application for base oilsands mine extension

By Staff The Canadian Press Posted March 2, 2020 5:11 pm Updated March 2, 2020 5:13 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The Impact Assessment Agency of Canada is inviting public…

Alberta premier says frustrating coronavirus stifling oil and gas economy

By Staff The Canadian Press Posted March 2, 2020 3:57 pm Updated March 2, 2020 3:59 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Alberta’s premier says it’s frustrating to see his government…