Canada

November 9th 2018

TransCanada's $10-billion Keystone XL pipeline project has suffered another setback after a U.S. federal judge blocked its construction to allow more time to study the potential environmental impact.

The Great Falls Tribune reports U.S. District Judge Brian Morris' order on Thursday came as the Calgary-based energy giant was preparing to build the first stages of the oil pipeline in northern Montana.

Nov 8, 2018 -  This report analyzes the economics of the five largest bitumen-extractive corporations in Canada. The “Big Five” are Suncor Energy, Canadian Natural Resources Limited (CNRL), Cenovus Energy, Imperial Oil, and Husky Energy. We examine the key features of the five firms and analyze their accumulation dynamics in the context of the latest commodity cycle: boom (2004–2014), bust (2014–2016), and restructuring and consolidation (2015 onward).

November 1st 2018

The Price of Oil

The Alberta Energy Regulator is apologizing for a “staggering” presentation, made last February by one of its highest-ranking officials, warning the province’s oilpatch that it could be sitting on an estimated $260 billion in financial liabilities.

In October, the B.C. government celebrated a decision by private-sector investors to proceed with LNG Canada, a $40 billion infrastructure project in Kitimat to export “natural” gas. Yet somehow much of the media coverage neglects to mention that this gas is extracted by hydraulic fracturing, or fracking, which is now the primary method for natural gas production in Canada. Why are so many media and government announcements studiously avoiding the “F” word?

November 1st 2018

Oct 30, 2018

CBC News has been taking criticism for its coverage of the “fresh opportunities” for Canadian businesses under Brazil’s president-elect. Although the public broadcaster has shifted its tone slightly, the original article stands and the criticism keeps mounting.

VANCOUVER—Indigenous leaders, environmentalists and federal members of Parliament say the National Energy Board is repeating the same flawed process that resulted in its approval of the Trans Mountain pipeline expansion being rejected by the Federal Court of Appeal.