oilsands

The National Energy Board has granted a request to suspend its review of the Energy East pipeline for 30 days in response to a request from Calgary-based TransCanada.

Canada's second largest pipeline company is considering whether to abandon a major crude oil expansion project due to stringent new climate change standards proposed by a federal regulator.

British Columbia is a key cork in the climate change bottle, keeping a giant share of the planet’s carbon underground, writes U.S. environmentalist, journalist, and book author Bill McKibben.

Canadian Natural Resources Ltd. (TSX:CNQ) trimmed its capital spending plan for this year as it reported a profit of $1.07 billion in its latest quarter compared with a loss a year ago.

In another sign the bloom is off the boom for the oilsands, the industry has returned almost one million hectares of northern Alberta exploration leases to the province over the past two years.

Canada’s oilsands have been sucked into the bitter legal fight around Exxon and climate change.

Jason Iwanika, an employee at Calgary-based Imperial Oil, majority-owned by Exxon, was called to testify by New York Attorney General Eric Schneiderman as part of a probe into allegations of fraud.

Federal officials raised the possibility of relaxing competition and fuel quality rules to ensure a stable supply of fuel while the Fort McMurray wildfire raged.

The launch of Canada’s first large−scale oilsands mine began on a cold and overcast September day in 1967, with speeches to a crowd of about 600 VIPs.

The Canadian Association of Petroleum Producers estimates that oilsands output will reach 3.7 million barrels per day in 2030, from 2.4 million bpd last year.

Oilsands producers could face steep fines and suspended projects if industry comes close to hitting a mandated 100-megatonne limit under recommendations proposed by Alberta's Oil Sands Advisory Group.

As Natural Resources Minister Jim Carr explores avenues in China to expand foreign investment in the oilsands, his government is being accused of allowing Chinese takeovers of Canadian firms.

The sector lost 17 publicly traded juniors in the past 30 months as benchmark U.S. oil prices fell from over US$100 to about half as much.

The oil and gas industry says controlling for methane will be costly and burdensome. One company disagrees.

Iraq and Algeria support the extension of oil production cuts by OPEC and non-OPEC producers through the end of the year to try to boost prices, they said in a joint statement on Thur. May 11, 2017.