The partners in the Fort Hills oilsands project have settled a funding dispute that will see French oil company Total reduce its stake in the development. 120 more words
Tags » Suncor Energy
A judge hearing an application from a union for an injunction to stop Suncor from starting random drug tests at oilsands facilities in northeastern Alberta is to make his ruling next Thursday. 181 more words
EDMONTON – The Canadian government says it lacked the scientific evidence to determine if oilsands tailings ponds were leaking into waterways and hurting fish.
But the government says it continues to work on methods to determine if chemicals associated with bitumen in groundwater are natural, or the result of industry. 483 more words
Oil prices surged above US$57 a barrel this week and have now risen $10 since September arrived.
Strong global demand, falling inventory levels and geopolitical instability in Saudi Arabia have… 815 more words