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Scientists’ letter to Prime Minister Stephen Harper: Reject Northern Gateway

June 3, 201410:57 AM The Canadian Press0 Comments

VANCOUVER - Hundreds of scientists are asking Prime Minister Stephen Harper to reject a federal panel report recommending approval of the Northern Gateway pipeline.In an open letter, the scientists say the joint review panel report that recommended approval of the project is fundamentally flawed.Among the problems, they say the panel did not look at the overall increase in global greenhouse gas emissions that will result from the expansion in oil sands production.The letter says the panel also [Read more]

Northern Gateway

Oil steady at $102 a barrel on China, U.S. data

June 3, 20143:35 AM The Canadian Press0 Comments

The price of oil was steady near US$102 a barrel Tuesday after an improvement in Chinese manufacturing was offset by reduced consumer spending in the U.S.Benchmark U.S. oil for July delivery was down 7 cents to $102.40 a barrel at 5 a.m. ET in electronic trading on the New York Mercantile Exchange. The contract fell 24 cents to $102.47 on Monday.Brent crude, a benchmark for international oils, was down 31 cents to $108.52 a barrel in London.Energy demand from China was likely to stay solid as a [Read more]

Alberta oilsands worker injured while fixing bulldozer, dies in hospital

June 2, 20144:58 PM The Canadian Press0 Comments

FORT MCMURRAY, Alta. - A man has died while working on a giant bulldozer in Alberta's oilsands.The provincial government says the 37-year-old was doing maintenance work on the machine at a Suncor (TSX:SU) mine site near Fort McMurray.The government says a reservoir or sump pan fell on the worker's head.The man was taken to hospital in Fort McMurray, where he died of his injuries.He worked for the North American Construction Group.The Edmonton-based company said in a statement that the man was an [Read more]

Suncor

Keystone, times a few hundred: U.S. shakes up climate debate with new plan

June 2, 20143:58 PM The Canadian Press0 Comments

WASHINGTON - The United States announced the most aggressive climate-change measures in its history Monday, a move that promptly triggered speculation about a potential ripple effect in other countries, including Canada.The regulations released by the Obama administration would chop carbon emissions from U.S. power plants by 30 per cent by 2030, the majority of those cuts coming by the end of this decade.That would take the U.S. a large step toward actually achieving the target it shares with [Read more]

Plains Midstream charged in Alberta pipe leak

June 2, 20141:33 PM The Canadian Press0 Comments

RED DEER, Alta. - Charges have been laid against the owner of a pipeline that leaked nearly half a million litres of oil into a central Alberta river. The Alberta Energy Regulator says Plains Midstream faces a charge under the federal Fisheries Act as well as a provincial charge of failing to report the leak as required by law. The June 7, 2012, spill from the Rangeland pipeline was discovered when landowners just north of Sundre began phoning in reports of a rotten egg smell, the telltale [Read more]

Mexico courting Canadian investment in newly reformed energy sector

June 2, 20141:22 PM The Canadian Press0 Comments

CALGARY - Mexico is laying out the welcome mat for Canadian companies to invest in its energy sector, which is opening up to outside investment after more than 75 years of government control.The country doesn't have the technical know-how to exploit its unconventional sources of energy and Mexican government officials are in Calgary to invite Western Canadian companies to contribute their expertise and investment.Mexico has huge potential in so-called unconvential oil and gas that's trapped in [Read more]

Plans to pipe oilsands crude to Quebec would barely benefit province, according to Greenpeace report

June 2, 201411:11 AM The Canadian Press0 Comments

MONTREAL - A new report requested by Greenpeace says proposals to pipe oilsands crude to Quebec refineries would only deliver negligible economic benefits to the province. An economist who co-authored the study says job creation and spinoffs from several active pipeline-and-processing proposals would be insignificant to Quebec's overall economy. At the same time, Brigid Rowan says a pipeline accident could cost lives and put taxpayers on the hook for billions of dollars — particularly if a [Read more]

Suncor TransCanada

Oil rises above $103 after China reports improvement in manufacturing

June 2, 20141:00 AM The Canadian Press0 Comments

Oil prices rose Monday on the prospect of increased demand from China after data showed an improvement in manufacturing.Benchmark U.S. oil for July delivery was up 58 cents to US$103.29 a barrel at 2:30 a.m. ET in electronic trading on the New York Mercantile Exchange. The contract fell 87 cents to close at $102.71 on Friday.Chinese data showed Sunday that manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing.The [Read more]

Not a ‘know-all:’ Tutu says he won’t tell Canadians what to do about environment

May 31, 20144:13 PM The Canadian Press0 Comments

FORT MCMURRAY, Alta. - South African Archbishop Desmond Tutu says he has come to northern Alberta not as an expert on climate change, but hoping to bring people together on an issue that he says is crucial to the future of all creation."I don't come as a know-all who is going to pontificate and tell you Canadians what you must do," he told reporters Friday before opening a two-day conference on oilsands development and First Nations treaties in Fort McMurray."I think I can almost say, without [Read more]

Desmond Tutu goes to Fort McMurray, calls oilsands “filth” created by greed

May 31, 201411:54 AM The Canadian Press0 Comments

FORT MCMURRAY, Alta. - Anglican archbishop Desmond Tutu has called Alberta's oilsands "filth" created by greed, and has urged all sides to work together to protect the environment and aboriginal rights."The fact that this filth is being created now, when the link between carbon emissions and global warming is so obvious, reflects negligence and greed," Tutu told more than 200 rapt attendees at a conference on oilsands development and treaty rights in Fort McMurray on Saturday."The oilsands are [Read more]

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