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Calgary green power company buys half-built oilsands power plant from Shell

A small green power company says it has closed a deal to buy a half-built oilsands power plant in northern Alberta halted 16 months ago by international oil giant Royal Dutch Shell. 169 more words

Energy

Oilsands may not hit emissions cap in twenty years, research shows

While federal pipeline approvals have stoked fears Alberta’s oilsands will grow unabated to the environment’s peril, new research suggests producers will not hit a legislated emissions cap in the next 20 years. 592 more words

Energy

After selling off all oilsands assets, Statoil looks to Newfoundland offshore

A week after Statoil sold off all its assets in Alberta’s oilsands, it looked eastward, to Newfoundland’s offshore.

There, the Norwegian energy giant saw opportunity in the North Atlantic, announcing this week plans to drill two offshore exploratory wells this summer in the Flemish Pass Basin, roughly 500 kilometres east of St. 489 more words

Energy

Suncor blames wildfire, plan changes for rising cost of Fort Hills oilsands mine

Suncor Energy is blaming delays caused by last spring’s devastating Fort McMurray wildfire, along with construction changes to boost capacity, for a $1.4-billion to $1.9-billion increase in the estimated cost of its Fort Hills oilsands mining project. 327 more words

Energy

Sale of gas stations and stores boosts Imperial Oil quarterly profit

A big gain on the sale of its Esso gas stations last year swelled profits for Imperial Oil Ltd., but operating performance at its newest oilsands mining project disappointed analysts. 300 more words

Energy

Kevin Libin: Why is Alberta's economy the only one the Trudeau Liberals are plotting to 'phase out'?

Which Canadian leader will finally lay out a national plan to phase out Ontario’s auto industry?

Obviously, with the auto sector accounting for half-a-million jobs in Canada, at least 1,200 Ontario parts and equipment suppliers, and about 20 per cent of Ontario’s GDP and 12 per cent of Canada’s, it’s not something we can phase out… 935 more words

FP Comment

Trump’s threatened 20% Mexico import tax may benefit oilpatch

U.S. President Donald Trump’s controversial 20 per cent tax on imports from Mexico to pay for a border wall would come as a second gift in less than a week for Canada’s oilpatch. 419 more words

Politics