The price oil sands producers receive fell to crushing $49.80 a barrel below the international benchmark after a widening to $33 of the spread between the price of Western Canada Select – a blend of heavy oil sands crude and conventional oil – and US crude on Tuesday.
Western Investor, 16 February 2013
It now appears increasingly unlikely that neither the $6 billion Enbridge Inc. Northern Gateway pipeline or the expansion of the Kinder Morgan Inc.'s Trans Mountain oil pipeline will be approved in British Columbia.
John M Broder, New York Times, Feb 13 2013
Four dozen environmental activists succeeded in getting themselves arrested outside the White House on Wednesday afternoon to draw attention to their demand that President Obama reject construction of the Keystone XL oil pipeline from Canada.
Journalstar.com, February 9, 2013
CALGARY, Canada — Crude from Alberta's oil sands sells at a 30 percent discount to its U.S. counterpart. TransCanada Corp. Chief Executive Officer Russ Girling plans to narrow that gap whether or not his Keystone XL pipeline to the Gulf of Mexico wins approval from the Obama administration.
Nathan VanderKlippe, Globe and Mail, Feb. 05 2013
Suncor Energy Inc. has taken a writedown of nearly $1.5-billion on its Voyageur project, a massive oil sands plant that is now at serious risk of cancellation.
And in an additional potential blow, Suncor faces a $1.2-billion tax bill, which it is disputing.
Frik Els, MiningDigest.com, January 29 2013
Zoe McKnight, Vancouver Sun, December 14, 2012
First Nations leaders signed an indigenous legal declaration on Thursday, banning pipelines and oil tanker traffic in British Columbia in a further attempt to halt Enbridge's proposed Northern Gateway project.
Opposition to Enbridge Grows as First Nations and Mayor of Vancouver Stand Together Against Threat of Oil Tankers and Pipelines
News Release, Yinka Dene Alliance, December 13, 2012
Vancouver Mayor Gregor Robertson proclaims "Save the Fraser Declaration Day" recognizing need to protect rivers and coast from tar sands threat
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 13, 2012) - (Coast Salish Territories) - Opposition to the Enbridge Northern Gateway pipeline and tanker project continued to gain momentum today as the Tahltan Central Council, the Tahltan Band Council and the BC Metis Federation signed the Save the Fraser Declaration, an indigenous law declaration banning tar sands pipelines and tankers from crossing British Columbia, signed by over 130 First Nations.
Shawn McCarthy & Steven Chase, Globe and Mail, Dec. 07 2012
OTTAWA — Prime Minister Stephen Harper has erected new barriers to investment by state-owned companies, fencing off the oil sands from further control by foreign governments.
Ramit Plushnick-Masti, Star-Telegram, Associated Press, 11 Dec 2012
HOUSTON — A Texas judge has ordered TransCanada to temporarily halt work on a private property where it is building part of an oil pipeline designed to carry tar sands oil from Canada to the Gulf Coast, the latest legal battle to plague a project that has encountered numerous obstacles nationwide.
Dave Cooper, Edmonton Journal, November 10, 2012
With Files From Reuters And Bloomberg
In a market that is short on pipeline space and heavy crude sells at a big discount, one oilsands producer has found a way around the bottleneck.
Alaska Dispatch, 21 Nov 2012
Will a railway intended to carry oil products from Alberta to Alaska be built in the next decade? The Canadian company G Seven Generations (G7G) is banking on it, but first it needs investors to fund the project.
Diane Francis, Financial Post, November 16 2012
A group of Canadian businessmen has obtained the blessing of Alaskan tribes and Canadian First Nations to build a railroad through their lands that could carry up to five million barrels per day from the oil sands to the super tanker port in Valdez, Alaska.
Fyodor Soloview, Press Release, InterBering, 25 Oct 2012
A railway connecting Alaska to the lower 48 states has never been as close to realization as it is at present. Only $4.5 million, to enable the securing of an operating line of credit for a feasibility study, is needed for the Canadian company Generating for Seven Generations, Ltd. (G7G) to launch this long awaited project.
Jennifer Moreau, Burnaby Now, October 11, 2012
Roughly 250 people packed Confederation Seniors' Centre Wednesday night for the first public town hall meeting organized by a Burnaby residents' group opposing Kinder Morgan's pipeline expansion plan.
Jeffrey Simpson, Globe and Mail, Oct. 05 2012
The Northern Gateway pipeline that Enbridge proposes to build from Alberta’s bitumen oil to the Pacific coast of British Columbia is, for all intents and purposes, dead.
Larry Pynn, Vancouver Sun, September 1 2012
The Enbridge Northern Gateway proposal to ship oilsands bitumen from Kitimat along the B.C. coast carries an unacceptable risk of a significant spill, according to an independent analysis by three professional engineers.
Yadullah Hussain, Financial Post, Aug 24, 2012
North American rail shipments of crude oil are estimated to have grown by 360,000 barrels per day within the past 12 months to reach 465,000 bpd — equivalent to the addition of a major pipeline, according to First Energy Capital Corp., or 4% of total North American oil production
August 19, 2012
ANN ARBOR, Mich. — Katy Bodenmiller was worried about the proposed pipeline work near her house in Groveland Township, Mich., so she started looking for help.
Matt Pearce and Neela Banerjee, Los Angeles Times, August 18, 2012
Enbridge is proceeding largely unencumbered with plans to spend $8.8 billion in the U.S. to send greater volumes of oil to the Gulf Coast and other markets.
Andy Hoffman, Carrie Tait, Shawn Mccarthy & Ian Bailey, Globe and Mail, Aug. 17 2012
VANCOUVER, CALGARY, OTTAWA AND VANCOUVER — He has no backers, partners or investors.
Shawn McCarthy, Globe and Mail, Aug. 17 2012
Ottawa — Strained pipeline systems and a glut of North American crude will force Canadian oil sands companies to cut back on their ambitious expansion plans over the next several years, a major new report warns.
Proposed Kitimat Refinery Trial Balloon Does Not Address Threats from Enbridge Pipeline and Tanker Project
News Release, West Coast Environmental Law, Coastal First Nations, Living Oceans Society, August 17, 2012
VANCOUVER, BRITISH COLUMBIA - A refinery in Kitimat is the latest attempt to build support for the Northern Gateway pipeline that has been fiercely opposed by First Nations, communities, and people across BC. Kitimat Clean, a fledgling BC company whose website went live just this morning, has proposed a refinery that might possibly be built sometime in the future, but only if the Enbridge Northern gateway pipeline is approved now.
Gordon Hoekstra, Vancouver Sun, August 17 2012
VANCOUVER - B.C. community newspaper tycoon David Black proposed today building a $13-billion oil refinery near Kitimat to use all of the crude from Enbridge's controversial Northern Gateway pipeline.
Nathan VanderKlippe, Globe and Mail, August 9 2012
The spending spree in Canada’s fast-growing oil sands is slowing as some of the country’s largest energy companies trim capital budgets and question the fate of some of their most important projects.
Jonathan L. Ramseur, Coordinator, Congressional Research Service, July 16 2012
If constructed, the Keystone XL pipeline would transport crude oil (e.g., synthetic crude oil or diluted bitumen) derived from oil sands in Alberta, Canada to destinations in the United States. Because the pipeline crosses an international border, it requires a Presidential Permit that is issued by the Department of State (DOS). The permit decision rests on a “national interest” determination, a term not defined in the authorizing Executive Orders. DOS states that it has “significant discretion” in the factors it examines in this determination. Key events related to the Presidential Permit include: