Canada climate goals set high hurdle for Suncor oil sands mine extension
Mining News Pro - Canada is favouring oil projects with lower carbon emissions per barrel to help meet its climate targets, a strategy that may block Suncor Energy’s plan to expand bitumen mining to feed its key oil sands operations.
-
-
Visit: 657
Canada’s oil sands firms face pressure to spend on transition
Mining News Pro - Canada’s biggest oil sands producers are generating billions more in free cash flow in a faster-than-expected pandemic rebound, but taking a cautious approach to spending it that is disappointing environment-minded investors.
-
-
Visit: 511
Oil sands win Wall Street favour after years in shale’s shadow
Mining News Pro - After years in the shadow of the US shale boom, the Canadian oil sands are emerging from 2020’s historic market crash with a slew of upbeat outlooks from Wall Street equity analysts.
-
-
Visit: 566
Home of the oil sands eyes cleaner future as hydrogen superpower
Mining News Pro - The idea of producing cleaner-burning hydrogen to rid the world of fossil fuels is gaining traction in the unlikeliest of places: Alberta, home of the infamously dirty oil sands.
-
-
Visit: 534
Era of big oil sands mines may be over
Mining News Pro - Canada’s oil sands industry may have already built its last big mine.
-
-
Visit: 690
Canada readies aid for Alberta as deadline for provincial oil sands project nears
Mining News Pro - Canada is preparing an aid package for Alberta, heart of the country’s struggling oil industry, that would help dull the pain if it blocks an oil sands project that could create thousands of jobs, sources familiar with the matter said this week.
-
-
Visit: 582
Canada could delay decision on massive oil sands project, says key minister
Mining News Pro - Canada has the power to delay a decision on whether to approve a new Teck Resources Ltd oil sands project, a key cabinet minister said on Tuesday, a sign Ottawa could push back what will be a contentious decision.
-
-
Visit: 795
Fortune lies in Canada’s oil sands
Mining News Pro - At the Fish Place diner in Fort McMurray, booths are filled with oil workers in baseball caps and the parking lot is lined with pickup trucks sporting six-foot (1.8 meter) neon safety flags, a hallmark of the mining industry.
-
-
Visit: 668
Canadian regulators recommend approving new Teck oil sands mine
Mining News Pro - Canadian energy regulators recommended approval of an oil sands mine proposed by Teck Resources Ltd in northern Alberta, saying economic benefits would outweigh “significant” adverse effects on the environment and indigenous communities.
-
-
Visit: 802