Economics

Texas Activists Move Toward Tar Sands Blockade
Tuesday, 26 June 2012
By Candice Bernd, Truthout

Texas climate justice activists are prepared to use nonviolent, direct action to block the Keystone XL pipeline's construction.

Despite Spills, Enbridge Pushes For More Oil Sands Pipelines
6/26/2012

Alberta's three oil sand deposits are known as the Athabasca Oil Sands, the Cold Lake Oil Sands, and the Peace River Oil Sands. (Photo credit: Wikipedia)

India’s ONGC may bid for $5B Conoco oil sands assets

By Charlie Zhu, Reuters Jun 5, 2012

KUALA LUMPUR — Oil and Natural Gas Corp , India’s biggest state-owned energy explorer, is considering bidding for part of ConocoPhillips Canadian oil sands holdings worth around $5-billion, a source with direct knowledge of the situation told Reuters on Tuesday.

B.C. First Nations dispute Enbridge pipeline claims – British Columbia – CBC News
Posted on June 6, 2012 by admin

A group representing several B.C. First Nations says Enbridge is wrong to claim 60 per cent of aboriginal communities along the proposed route of the Northern Gateway pipeline have signed on to the project.

Coastal First Nations executive director Art Sterritt says he has checked with every aboriginal group along the route from Alberta to Kitimat and only found two that have signed equity agreements with Enbridge.

Fort McMurray: Economic centre of Canada?

Claudia Cattaneo Jun 5, 2012
Financial Post

Fort McMurray, economic centre of Canada? Torontonians and the rest of the country had better get used to the idea. The Canadian economy will increasingly spin around the northern Alberta oil town if an industry forecast that shows Canada’s daily volumes will more than double to 6.2 million barrels a day by 2030, largely from the oil sands, proves right.

Canada to be among top three oil producers by 2030

By Yadullah Hussain, Financial Post

June 5, 2012

Canada could emerge as the top three or four oil producer in the world by 2030 thanks to rising oil sands supply, according to an industry forecast which focuses more on the possibilities that lay before the Canadian oil industry rather than its substantial challenges.

Alternative title: "This is why we fight tar sands pipelines."

Oil producers urged to solve pipeline constraints

SHAWN McCARTHY

Ottawa — The Globe and Mail

Jun. 05 2012

Canadian oil producers are facing a pipeline crunch that could limit the industry’s vast development plans as early as 2015, but face a long and increasingly bitter battle to expand their capacity to ship crude to market.

An Oil Industry Witch Hunt in Canada Threatens Us All
Posted: 06/01/2012
Huff Post

Big Oil and the Canadian government are showing their true colors these days, and what an ugly spectacle it is. Not content to squeeze tar sands oil profits from Canada's boreal forest, the industry and the Harper regime are working overtime to squelch free speech in this once-vibrant democracy.

Cenovus plans new technology at oil sands project
Wed May 30, 2012
Reuters

CALGARY, Alberta (Reuters) - Cenovus Energy Inc (CVE.TO: Quote) said on Wednesday it won regulatory approval for its third major steam-driven oil sands project, a joint-venture development in which it will test new production technology aimed at getting more tar-like oil out of the ground.

Jordan finalises deal for first oil shale plant
by Taylor Luck | Jun 02,2012 |
Jordan Times

AMMAN — Jordan has reached an agreement for the country’s first oil shale-fired power plant in what energy officials are calling a “milestone” in the country’s drive for energy independence.

Authorities announced on Saturday that Jordan has reached an agreement with Estonian-Malaysian consortium Enefit to construct a 460-megawatt (MW) oil shale power plant within the next four years, in what is to be the first electricity station utilising the alternative energy resource in the entire region.