Alberta

For years, Alberta’s government has reassured the public that it has a plan to ensure the oilsands’ 1.2 trillion litres of hazardous tailings are permanently dealt with after mines shut down.

That assertion is becoming less convincing by the day.

[Webpage editor's note: Not satisfied with vandalizing the earth's climate system by financing the Tar Sands, CIBC joins the campaign to reduce even further the relatively few jobs in this sector.]

April 13, 2017 - On a scale of one to 10 of being able to help oilsands producers save costs—today—autonomous hauling systems are a 10, according to analysts with CIBC.

The recent deals from Calgary-based Canadian Natural Resources, Cenovus Energy and Athabasca Oil Corporation to acquire billions in oilsands assets have brought much attention to the level of Canadian ownership of these projects and operations.

It’s time to look at the numbers. 

The winds of resistance from Standing Rock blew into Washington D.C. last week, as indigenous leaders brought their demands directly to the door of the Trump administration.

[Webpage editor's note: Notwithstanding the false description of Imperial Oil as a Canadian company this article notes a significant shift.  More of the climate vandalism underway is by Canadian corporations.]

The Alberta Energy Regulator’s annual reserves and supply/demand outlook

Billion-dollar bets on Canada's oil sands went sour this week for Exxon Mobil Corp and Conoco Phillips. Between them, the two companies erased from their books nearly 5 billion barrels of bitumen, the heavy, viscous oil found under Alberta's boreal forest. This has wiped about $250 billion worth of oil from their reserves.

During his six-year tenure working in Alberta’s oil sands, Lliam Hildebrand found that one topic in particular – renewable energy, of all things – always made its way into conversation.

“New pipelines to transition to clean energy” is Canada’s own form of climate denial

Watching Prime Minister Trudeau celebrate President Trump’s executive order reviving the Keystone XL pipeline got me thinking: how is it that our ‘progressive’ Canadian leader is siding with the climate-denying U.S. president on major fossil fuel expansion?

It’s a scary reminder that Trudeau’s recent pipeline and tanker project approvals are simply an extension of the oil patch status quo.