Government efforts to reduce greenhouse gas (GHG) emissions have fallen short of federal targets and the country is not properly preparing to adapt to the impacts of climate change, according to the Commissioner of the Environment and Sustainable Development’s latest audit reports, which were tabled this week in Parliament.
October 4, 2017, 9:59 AM MDT
ARC Energy Research Institute has released "Crude Oil Investing in a Carbon Constrained World: 2017 Update," which provides investors, including institutional investors, the assessment tools needed for estimating future carbon costs for crude oil investing.
October 4, 2017, 7:18 AM MDT
The oilsands industry is so technologically sophisticated it should be classified by Statistics Canada and others who measure the country’s economy as a part of the manufacturing sector — and if it was it would fundamentally alter the way Canadians look at the industry, says a noted economist.
October 3, 2017, 9:13 AM MDT
If Alberta doesn’t change how it requires companies to finance their own oil and gas well clean-up costs, the energy industry and, ultimately, taxpayers in Alberta face clean-up costs of up to $8 billion, according to a report by the C.D. Howe Institute.
September 28, 2017, 9:18 AM MDT
Although Alberta is Canada’s largest producer of greenhouse gases due to its hydrocarbon-based economy, much of that is consumed in other provinces and a national carbon policy should take that into account, says a new report which examines another method of accounting for GHGs.
September 27, 2017, 10:52 AM MDT
A carbon price of US$40 per tonnne of CO2 could reduce the value of companies’ upstream assets by up to seven per cent, depending upon the regulatory regime, says consultancy Wood Mackenzie in a study released today.
September 20, 2017, 10:41 AM MDT
The U.S. Energy Information Administration (EIA) is projecting that world energy consumption will increase by 28 per cent by 2040, according to the EIA’s International Energy Outlook 2017 released today.
September 14, 2017, 11:02 AM MDT
Canadian oil supply rose by 140,000 bbls per day in May, to stand nearly a million bbls a day above last year’s fire-affected low of only 3.6 million bbls per day, the International Energy Agency (IEA) said in its September oil market report.
September 13, 2017, 4:01 AM MDT
Both direct and indirect greenhouse gas emissions rose last year, says TransCanada Corporation in its recently released 2016 corporate and social responsibility (CSR) report, Delivering Energy Responsibly.
September 13, 2017, 11:15 AM MDT
The Canadian oil and gas industry risks losing its competitive tax advantage in attracting investment should the United States implement tax reform, says a new study by the University of Calgary School of Public Policy.
September 12, 2017, 11 AM MDT
Phasing out natural gas-fired electricity generation along with coal-fired power across Canada would have a significant but “not overwhelming” impact on the economy, a report says.
September 7, 2017, 10:22 AM MDT
Carbon pricing will reduce business investment in Canada and achieve only a small reduction in greenhouse gas emissions, a new report says.
September 7, 2017, 10:13 AM MDT
The Pan-Canadian Framework (PCF) on Clean Growth and Climate Change may symbolize the emergence of a new, collaborative climate policy era in Canada, meaning the equivalency instrument takes on increasing significance requiring greater elaboration and public scrutiny, says the co-author of a newly-released report.
September 1, 2017, 7:59 AM MDT
The PSAC Well Cost Study for the 2017 summer drilling season examines 18 carefully selected horizontal or directional type wells across various formations and depths in Alberta to give a good overview of drilling and completion(1) costs in the province.
August 24, 2017, 6 AM MDT
This summer, the costs to drill and complete horizontal wells within the Cardium formation are up to 63% cheaper than the most expensive horizontal wells elsewhere in Alberta.
August 23, 2017, 6 AM MDT
Drillers of horizontal wells in Northern British Columbia face, by some distance, the highest average day rates for rigs in Western Canada this summer, according to new data.
August 22, 2017, 6 AM MDT
Following sharp declines in March and April, Canadian oil supplies saw a slight rebound in May, according to the International Energy Agency (IEA), which issued its monthly report on the oil market this morning.
August 11, 2017, 4:02 AM MDT
As the Canadian market faces $50/bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments.
August 11, 2017, 6 AM MDT
U.S. state economies as well as the Canadian economy benefit from Canadian oil and gas industry investment and operations, says a new study by the Canadian Energy Research Institute (CERI).
August 9, 2017, 7:40 AM MDT
As the Canadian market faces $50/bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments.
August 9, 2017, 6 AM MDT
As the Canadian market faces $50/bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments.
August 4, 2017, 6 AM MDT
With the 4th Annual Sustainable & Scalable Cost-Effective Well Site Facilities Onshore Summit just eight weeks away in September, we spoke with Mark Bruchmann, Facilities Manager, Apache Corporation.
August 3, 2017, 8:45 AM MDT
As the Canadian market faces $50/bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments.
August 2, 2017, 6 AM MDT
In 2012 the Alberta Geological Survey (AGS) released an open file report (OFR 2012-06) on Alberta’s shale- and siltstone-hosted hydrocarbon resources that included those in the Duvernay formation.
July 31, 2017, 10:44 AM MDT
The next several years will be critical to the development of the Canadian global liquefied natural gas (LNG) market as Canada is a late entrant to the market, according to a new report by the National Energy Board (NEB).
July 18, 2017, 10:53 AM MDT
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