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Obama Welcomes Southern Keystone Pipeline

By Olivier Knox, The Ticket/Y!News Blog

27 February 12

Under fire from Republicans over high gas prices, President Barack Obama on Monday cheered news that the Canadian company hoping to build the Keystone XL Pipeline to carry oil from Canada to the Gulf of Mexico would press ahead with a US-only segment of that controversial project.

"The president welcomes today's news," spokesman Jay Carney said. "We support the company's interest in proceeding with this project."

Eesti Energia hopes to sell the majority of the Jordanian project in 2012
Juhan Tere
baltic-course.com

Estonian state-owned energy giant Eesti Energia wants to complete the Jordanian oil shale consuming power station procurement and find investors before the end of the year 2012, LETA/Postimees Online reports.

After that, the share of Eesti Energia in the Jordanian project will decrease to around 10%, Eesti Energia finance director Margus Kaasik told the press on Monday.

Activists heckle PM during talk on green growth
By SHARON UDASIN 02/28/2012
Jpost
Environmental economics vital to future development, and even to efforts against Iran, says Netanyahu.

Protesters disrupted Prime Minister Binyamin Netanyahu’s opening address at Tuesday’s First National Green Growth Convention, with shouts against the government’s intended planning and building reforms.

The reforms intend to streamline the building approval process and make it more efficient, minimizing the participation of local committees and outside organizations in the initial planning process.

February 20, 2012
by Common Dreams
'It's Going to Be War': First Nations Battle Canadian Tar Sands
- Common Dreams staff

Eastward No! Enviros Warn of Tar Sands Heading to Maine Coast
- Common Dreams staff

Times Argus [Vermont]
Published: February 15, 2012
Letter to the editor
Energy behemoth on the hunt

Enbridge, Ipsos-Reid poll, and disinformation tactics
Opinion 250
By Peter Ewart
Friday, January 06, 2012

One of the aims of disinformation campaigns is to shake the resolve of people. And we are seeing ample evidence of this in the campaign to sell the Enbridge pipeline which, if constructed, will stretch across the lands and waterways of Northern BC and result in major oil tanker traffic in the ocean waters off BC’s Pacific coast.

Big 2011 profits for Cenovus

February 16, 2012 | PEU160212

Cenovus Energy, one of Canada’s largest in situ oil-sands producers, posted 241% higher fourth-quarter profits as a result of higher production and prices. The company, which was spun off from Encana in late 2009, made net profit of C$266 million ($266 million) in the fourth quarter of 2011, compared with $78 million the year before. Production climbed to 144,273 barrels a day (b/d) from 129,593 b/d in the same period in 2010. Net in situ oil-sands output rose by 23%, to 74,596 b/d, from 60,789 b/d in fourth-quarter.

Utah tar sands still seeking investors despite questions

By brandon loomis

The Salt Lake Tribune
First published Feb 15 2012

Eastern Utah’s tar sands are just a year or so from producing their first commercial quantities of oil — if environmental appeals are settled and the company planning to mine can attract investors.

Those are big ifs.

Two oil shale mining companies contend they’re right behind and said Wednesday at the Governor’s Energy Development Summit that the state is poised for “the next big play” in energy.

EU 'Grandstanding' On Energy Imports, Says Federal Resources Minister Joe Oliver

02/16/2012

CALGARY - Federal Natural Resources Minister Joe Oliver is calling a European effort to bar oil imports from Alberta's oilsands nothing more than grandstanding.

Proposed changes to the European Union's fuel quality directive would reduce emissions from transport fuels by 10 per cent in the next decade — a goal that would make it more difficult to import oilsands fuel.

Oliver says the European position is both unscientific and an attempt to single out Canadian crude.