The largest-ever oil spill off the coast of Newfoundland has raised fresh safety and environmental concerns about how the province’s expanding offshore oil industry is regulated.
An estimated 250 cubic metres of oil leaked into the sea southeast of St. John’s from the SeaRose oil platform on Friday.
“The risks in offshore oil activity can never be underestimated, especially in our harsh environment."
Spill being monitored, can't be contained or cleaned up until waves subside
A leak coming from a flowline to the SeaRose, seen in this file photo, can't be contained until ocean conditions settle, the petroleum board says. (Photo courtesy Husky Energy)
A federal judge blocked the controversial Keystone XL oil pipeline Thursday, saying the Trump administration’s justification for approving it last year was incomplete.
In a major victory for environmentalists and indigenous rights groups, Judge Brian Morris of the District Court for the District of Montana overturned President Trump’s permit for the Canada-to-Texas pipeline, which the president signed shortly after taking office last year.
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).
