In This Issue: - Oil Sands News - East Coast News - West Coast News - Canadian Arctic News - Alternative Energy - On the Horizon - Abbreviations - Excerpt from Oil Sands News: Enbridge has...more
On October 24, 2012, the Alberta Minister of Energy introduced Bill 2 – the Responsible Energy Development Act (“Responsible Energy Act”) in the Alberta Legislature. On November 21, 2012, Bill 2 passed third reading and was...more
Last week on Capitol Hill, the House Energy and Commerce Committee majority staff released a report charging that the 1603 Grants in Lieu of Tax Credits program appears to have “unduly benefitted” foreign companies. The...more
In This Issue: - Oil Sands News - East Coast News - West Coast News - Canadian Arctic News - Alternative Energy News - On the Horizon - Abbreviations - Contact Us - Excerpt from On The Horizon:...more
In This Issue: - Oil Sands News - East Coast News - West Coast News - Canadian Arctic News - Alternative Energy News - On the Horizon - Abbreviations - Contact Us - Excerpt from Oil Sands News:...more
Introduction & Background - On Friday, December 7, 2012, the Canadian government (the “Government”) issued determinations under the Investment Canada Act (the “Act”), approving acquisitions by foreign state-owned...more
On December 7, 2012, the Canadian Minister of Industry announced decisions under the Investment Canada Act (ICA) to allow acquisitions by two foreign state-owned enterprises (SOEs): of Nexen Inc. by China National Offshore...more
On November 26, 2012, the Alberta Court of Appeal released the decision of Justice Slatter denying leave to appeal a decision made by the Joint Review Panel (the Panel) established to evaluate Shell Canada’s application to...more
Infrastructure development has helped define Canada. Currently, Canadians lead the world’s infrastructure development projects. The infrastructure required for resource development projects such as the oil sands are some of...more
Major Existing Producing Projects - Syncrude - Syncrude Canada Ltd. is the world’s largest producer of synthetic crude oil from oil sands and the largest single source producer in Canada. It supplies about 15...more
Climate Change - The production of petroleum from oil sands uses significant amounts of energy, almost all derived from the combustion of fossil fuels and resulting in CO2 emissions. As a result, oil sands operations...more
Valuation - Land sale spending in Alberta surged in 2010 due to a combination of new plays, enhanced oil sands technologies and a rebound in oil prices. From April 2010 to March 2011, 365,969 hectares of Crown oil...more
Given the magnitude of projected economic activity, oil sands producers will not be the only beneficiaries of the unprecedented development now underway. Aside from the necessary infrastructure developments, a plethora of...more
The growth in extraction and production has been matched by significant investment opportunities in upgrading facilities and transportation infra-structure. Transportation - Over 80 percent of bitumen produced in...more
Oil sands players are focusing most of their investment in technological innovation on mitigating extraction and other operating costs. A number of existing and proposed projects are introducing variants on the...more
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