Posts in oil sands
- 2014: Oil lows and temperature highs. Scientists confirmed a couple of days ago that 2014 was the hottest year ever recorded, adding itself as one of the 14 hottest years on record, 13 of which have happened in the 21st century. If the coffin of climate change denial has space for any more nails, perhaps...
Continue reading 'Soaring temperatures and plummeting oil'.
- The tar sands industry lists market access as the number one threat to its future in a recent industry survey.
- Things don’t seem to be getting any easier for Big Oil and I am going to venture a guess that 2015 is going to be their toughest year yet. Here are a few of the hurdles that are only going to grow for the industry over the coming year: The science: You can ignore the...
Continue reading '2015: Tough times ahead for Big Oil'.
- When legendary guitarist Jimi Hendrix wrote the song “Castles Made of Sand,” the critics argued that the sand metaphor symbolised “the temporary nature of existence” ” and “how nothing can be taken for granted”.
- The oil industry is in surprisingly bullish mood. As America prepares to go to the polls today in the crucial mid-term elections, Republicans have signalled that, if victorious, they will immediately push to free up exports of gas and oil and pass legislation forcing him to approve the controversial Keystone XL pipeline.
- A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International quantifies for the first time the financial and carbon impact of public opposition to pipelines and other expanded investment in tar sands production.
- In a case that will be watched keenly worldwide, a Canadian Federal Court will today start reviewing the approval last December of the expansion of Shell’s controversial Jackpine tar sands mine in Alberta.
- A proposal to label the dirty tar sands as more polluting than conventional oil has been spectacularly abandoned by the European Commission after a four year lobbying campaign by the Canadians.
- There has been a huge amount written over the last few days about the plummeting oil price. One British newspaper is warning of an “oil war” as the price of Brent crude “tanks” on the back of oversupply in the market.
- Big Oil has always been a bad, bad loser. And it is therefore no surprise that it has threatened to sue a small coastal city in Maine which on Monday night struck an historical blow against the industry by banning the export of tar sands from its harbour.
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