Oil Sands

Nigeria loses N1.6tr annually from non-export of agric commodities – Adesina

The Minister of Agriculture and Rural Development, Mr Akinwunmi Adesina, said on Tuesday in Abuja that Nigeria loses N1.6 trillion annually from the non-export of oil palm, cocoa, groundnut and cotton. Adesina, who gave this indication while presenting…

Righteousness won’t solve global warming

Loading up the global warming argument with righteousness is harming the cause, says a blogger at the Philospher’s Beard. “The moralisation approach undermines itself since it frames climate change narrowly in terms of righteousness. Inevitably deliberation about action gets bogged …

Ex-PMO aide Carson left Calgary school with debt

turned the school into a one-man advocacy centre to promote the Canadian oil industry in general, and the oilsands in particular, a role he had played through most of his time in the Prime Minister’s Office. Documents obtained by CBC News, for instance,

Now Feds to Decide on Canada-US Oil Pipeline

Washington, DC. Over 50 demonstrators protesting against the construction of the Keystone XL oil pipeline from Alberta’s oilsands to Texas, were arrested. (Mandel Ngna/) Protests in Washington, D.C. against the construction of the Keystone XL pipeline

World energy consumption will grow 53% by 2035

World energy consumption is set to grow 53% by 2035 and most of that energy will be coming from fossil fuels, according to a study by the U.S. Energy Information Administration.

While energy consumption will grow slowly in the U.S. and Europe, countries like China and India that are growing their industrial base will be gobbling up more and more energy.

Fort McMurray floats LRT as a solution to traffic woes

Edmonton Journal reports that regional planning directors are considering LRT, light rail transport, to solve traffic jams along Highway 63. As more workers pour up north to work on the oil sands projects, workers are becoming snarled in traffic since the roads lack capacity.

“[Officials] say something needs to be done about mobility issues that could impede the region’s economic growth, with some estimates indicating an hour of traffic congestion costs oil companies $20,000 to $50,000.”

The Americas are likely to become world’s energy storehouse

energy beneath North and South America, most of these reservoirs were hidden in deep waters, shale rock or oilsands, that made them economically unfeasible to tap. But new technologies are changing that. There are more than two trillion barrels of oil

Sinopec International to buy Daylight Energy in deal valued at $2.2 billion Canadian

Last year, it paid US$4.65 billion to acquire U.S. oil giant ConocoPhillips’ stake in the Syncrude oilsands project in northern Alberta. The deal for a nine per cent share of the world’s biggest oilsands development marked China’s largest-ever investment

Sinopec agrees to buy Daylight Energy for $2.2B

Last year, it paid US$4.65 billion to acquire U.S. oil giant ConocoPhillips’ stake in the Syncrude oilsands project in northern Alberta. The deal for a nine per cent share of the world’s biggest oilsands development marked China’s largest-ever investment

Keystone outrage now centred on Obama cronyism

Ever since Friday’s New York Times report saying the US State Department assigned an important environmental impact study of the Keystone XL pipeline to Cardno Entrix, a company with financial ties to the pipeline operator TransCanada, in contravention of federal law, opponents of the project have shifted the focus of their opposition to allegations of conflict of interest and corruption.

Two prominent names on the political left and in the green movement Naomi Klein and Bill McKibben put it most bluntly: Obama’s plan to transport oil from Canada to the Gulf Coast reeks of cronyism and it is quite possibly the biggest potential scandal of the Obama years. TransCanada officials meanwhile appear to have been caught off guard by the vociferous protests that weeks of Keystone hearings that ended on Friday have elicited, pointing out that TransCanada won approval for a similar pipeline three years ago with little opposition.