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Companies pulling out of Canadian tar sands oil
2014-10-19 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Living on Earth: With crude prices sharply down and the future of the Keystone XL pipeline in doubt, energy companies are dubious about investing in oil from the Alberta Tar Sands. OnEarth writer Brian Palmer discusses the problems facing the industry with host Steve Curwood. Transcript CURWOOD: From the Jennifer and Ted Stanley Studios in Boston and PRI, this is Living on Earth. I'm Steve Curwood. The price of oil has been plummeting, down some 25 percent since June, and as we record this show, the price per...
Tags: companies
oil
canadian
tar
Tar Sands Trade: Kuwait Buys Stake in Alberta As It Opens Own Heavy Oil Spigot
2014-10-15 05:38:27| Energy - Topix.net
Chevron made waves in the business world when it announced its October 6 sale of 30-percent of its holdings in the Alberta-based Duvernay Shale basin to Kuwait Foreign Petroleum Exploration Company for $1.5 billion. It marked the first North American purchase for the Kuwaiti state-owned oil company and yields KUFPEC 330,000 acres of Duvernay shale gas.
Tar Sands Trade: Kuwait Buys Stake in Alberta As It Opens Own Heavy Oil Spigot
2014-10-15 04:45:23| Oil & Gas - Topix.net
Chevron made waves in the business world when it announced its October 6 sale of 30-percent of its holdings in the Alberta-based Duvernay Shale basin to Kuwait Foreign Petroleum Exploration Company for $1.5 billion. It marked the first North American purchase for the Kuwaiti state-owned oil company and yields KUFPEC 330,000 acres of Duvernay shale gas.
Canadian Environment Commissioner Takes Aim at Arctic, Oil Sands
2014-10-09 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Toronto Star: The Federal government isnt doing enough to combat climate change or to reduce pollution from Albertas oilsands, says a scathing new report by the environment commissioner. But environment commissioner Julie Gelfands most biting remarks are on the governments lack of preparation for increasing marine traffic in the Arctic. She warns there are outdated maps and surveys, inadequate navigational aids and icebreaking services that are stretched to the limit. The six-chapter report is her first...
Tags: environment
takes
aim
oil
Outrage as the EU Commission fails to label tar sands oil as highly polluting
2014-10-08 15:12:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The European Commission has scrapped plans to label tar sands oil as highly polluting after years of lobbying from the Canadian government and the industry, in a move that has concerned campaigners. In a controversial decision on Tuesday, the commission has paved the way for Canadian oil being shipped to Europe by refusing to label it as highly polluted with the UK among the states supporting the import of the fuel. Oil from tar sands is a particularly carbon-intensive and polluting type...
Tags: highly
oil
label
commission
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