Feb 21, 2012 at 12:13 pm in Business, News by tyler.king
A secret federal government memo calls the oilsands a significant environmental and financial risk to Alberta. An Ottawa researcher obtained the document through access to information legislation this week, finding that bureaucrats are unconvinced that more Read more >
Feb 21, 2012 at 11:47 am in Business, News by tyler.king
A California company has succeeded in getting a foothold in the oilsands. San Francisco-based URS Corporation has bought Calgary-based Flint Energy for one and a quarter billion dollars U.S. Half of Flint’s Canadian revenues come from Read more >
Feb 21, 2012 at 10:51 am in Business, News by tyler.king
One of Canada’s most respected climate scientists says the oil sands won’t warm the planet nearly as much as some are claiming. In a scientific journal, Dr. Andrew Weaver demonstrates that if all 170 billion barrels Read more >
Feb 16, 2012 at 3:35 pm in Business, News by tyler.king
Nexen’s fourth quarter profits fell in 2011 thanks to lower production and extra expenses. The company says it had to spent 190 million dollars to change its upgraders at the Long Lake oil sands project. Total Read more >
Feb 16, 2012 at 3:26 pm in Business, News by tyler.king
Federal energy minister Joe Oliver says changes are coming to the regulatory process for oil projects. Speaking to the Energy Police Institute of Canada this morning, Oliver says Ottawa is looking at creating firm deadlines for Read more >