Highlights / oil

Economy, Highlights, Politics

Government-owned pipeline versus its climate plans could turn profit to loss

In 2018, faced with large-scale protests and legal delays, U.S,-based KinderMorgan said it had had enough and would halt its ‘Trans-Mountain’ pipeline project from Alberta to the British Columbia Pacific coast. The massive project was to twin a decades old »


Legal challenge begun in relation to exploratory drilling in marine refuge

Environmentalists are dismayed that a permit has been given to allow oil exploration to take place in one of Canada’s coastal marine reserves. The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced last week that it will grant an exploratory »

Economy, Environment & Animal Life, International, Politics

Will seismic oil and gas testing go ahead in Arctic refuge?

With the U.S election imminent, an extremely controversial environmental question hangs in the balance. The Trump administration has been pushing for quick approval of seismic testing in a huge Alaskan wildlife refuge that borders on Canada’s Yukon Territory. The Arctic »

Economy, Environment & Animal Life, International

Huge Trans-mountain pipeline: Study now questions its need

The trans mountain pipeline (TMX) project involves the twinning of a decades old pipeline from the oil centre of Edmonton Alberta, over the Rocky mountains to a Pacific Ocean port terminal near Vancouver. The new pipeline would triple existing pipeline »


Huge merger in Canada, latest of several in oil/gas industry

A deal announced this weekend between two of the biggest oil companies in Canada will create the third largest oil and gas producer in the country and second largest refiner. The merger between Canadian rivals Cenovus Energy and Husky Energy »

International, Internet, Science & Technology

$22-B International railway- Alberta to Alaska, gets approval from Trump

It’s a project costing an estimated $22 Billion . The railway would stretch 2,570 kilometres from Alberta’s oil sands region to an existing junction in Delta Alaska where it connects to ports near Anchorage. U.S President Donald Trump tweeted on »

Economy, Environment & Animal Life, Highlights, International

The end of peak oil demand?

Oil demand will decline, renewable energy sources increase: BP 2020 report For decades environmentalists have been calling for reductions in the use of fossil fuels which they say contributes to global warming resulting also in climate change. For almost the »

Economy, International, Politics

A major setback for the Trans Mountain pipeline

The long battle to build the Trans Mountain pipeline (TMX) in Canada got another severe jolt this week. One of the major insurers for the project, Zurich, has said it will not renew coverage for the pipeline. Coverage will expire »

Arts & Entertainment, Economy, Health, Politics, Society

COVID-19: Cash crunch for business, cities, provinces, even federal government

Across Canada the effects of the pandemic are widening. Restaurants are allowed to stay open as an essential food service but only if they provide take-away or delivery and no in-store seating, but that is not saving all of them. »

Economy, Society

Investments in the oil and gas industry expected to increase in 2020

The Canadian Association of Petroleum Producers is expecting a $2 billion increase in oil and natural gas investments this year.  CAPP also says that investments in traditional oil are expected to increase to $25.4 billion from $24.4 billion. According to »