Shale oil and gas may not be the economic “panacea” that some believe, a panel of scientists told a geology conference today. New studies point to higher than expected field decline rates and increasing costs to extract the energy, meaning the long-term sustainability of shale gas production is questionable. The findings confirm what sources in the […]
Tag: oil
Apache Corporation said Thursday it will sell oil and gas producing properties in the Nevis, North Grant Lands and South Grant Lands areas of western Alberta, to Ember Resources Inc., a private Canadian company, for CAN$220 million, as part of the company's "portfolio rebalancing," Apache said in a news release. At the same time, Apache CEO Rodney Eichler […]
Oil spill caused "unexpected lethal impact" on herring, study shows
December 26, 2011
Scientists from the University of California at Davis and NOAA studying herring spawning beds in San Francisco Bay after the Costco Busan oil spill. (UC Davis) A 53,569 gallon (202,780 litre) spill of bunker oil in San Francisco Bay in 2007 had an "unexpected lethal impact on embryonic fish," according to scientists from the […]
Enbridge, EPA dispute amount of "oil" spilled at Kalamazoo
November 16, 2011
Energy Environment AP reports that Enbridge and the US Environmental Protection Agency are haggling over how much "oil" was spilled into the Kalamazoo River. Enbridge is sticking with its estimate that 849,000 gallons were spilled when the pipeline was breached. The EPA says 1.1 million gallons have been recovered and there may be more to […]
Energy Environment Politics Canada's minister of natural resources, Joe Oliver, has embarked on a media blitz, quietly pushing the idea that Canada will go ahead and build the Northern Gateway pipeline to send bitumen sands to Asia if the United States blocks the Keystone XL pipeline from Alberta to Texas. In a meeting with The […]
China Petroleum plans expansion in Canada: China Daily
October 21, 2011
Energy Link CNPC plans steady overseas expansion China National Petroleum Corp (CNPC), the country's biggest energy company by production, said on Thursday that its overseas expansion will continue to focus on the upstream division with Canada and Australia as the major targets. CNPC's overseas oil and gas output is expected to reach 100 million tons […]
Environment A map issued by the US Environmental Protection Agency showing pockets of submerged oil found in the Kalamazoo River during summer 2011 cleanup operations (EPA) Click on map for larger version. The United States Environmental Protection Agency has ordered Enbridge to "to take additional steps to clean up the July 2010 oil spill that […]
Al Arabiya turns its eyes on Kitimat
July 26, 2011
Energy link The English-language website of one the world's major Arab-language satellite television networks Al Arabiya, has turned its eye on Kitimat, the Northern Gateway pipeline and the repeated claim by the Conservative government that Canada is an "energy super power." The article: Canada: Energy Superpower? is an analysis by Mary E. Stonaker, described as […]