From a single spot on the surface, oil and gas producers in Western Canada can drill kilometres underground in multiple directions to reach vast energy resources. Now, four companies have received funding to apply that expertise to a different resource: heat deep beneath the Earth’s surface. Geothermal projects were the biggest winners in Emissions Reduction […]
Canada’s oil producers have gained a new gateway to one of the world’s most important energy hubs with the opening of Enbridge’s Houston Oil Terminal (EHOT), strengthening market access to the U.S. Gulf Coast refining sector and international exports. The terminal, which opened in July, represents the final link in the company’s integrated transportation network […]
A wall of industrial-size fans sits on the outskirts of Innisfail, Alta. It may seem out of place in the rolling foothills southwest of Red Deer until you realize this bank of steel turbines serves a vital environmental purpose — pulling carbon dioxide from the atmosphere. When the Tamarack direct air capture (DAC) facility began […]
Having lived near the sea for almost all of her life, Bonnie Gee has a clear view of both the opportunities and risks of navigating the waters off British Columbia’s rugged coastline. The longtime marine industry advocate, now president of B.C.’s Chamber of Shipping, believes oil tankers can safely navigate the waters around Roberts Bank, […]
As Canada looks to strengthen its economy and expand its role in global energy markets, observers point to a clear opportunity: increasing oil export capacity to the Pacific coast. A growing body of evidence suggests that a new West Coast oil pipeline would deliver significant benefits, simultaneously diversifying market access, driving economic growth and building […]
Canada’s heavy oil has taken on a new shine as oil importers around the world continue to navigate shipping risks in the Strait of Hormuz. While hostilities between Iran and the U.S. appear to be subsiding, the reopening of the Strait will shape trade flows in the days, months, and years ahead, according to RBC analysts. Much […]
Alberta’s oil sands have emerged as one of North America’s most attractive oil plays as costs rise in competing basins like the Permian in Texas, according to a recent report. The oil sands hold 177 billion barrels of proved reserves, making it the largest play in North America by a wide margin. Existing operations have […]
A new forest will soon take root near Edmonton, creating a “green island” within Alberta’s Industrial Heartland. Roughly the size of 50 Canadian football fields, the Keyera Legacy Forest is a partnership between pipeline operator Keyera, environmental nonprofit Project Forest and Strathcona County. The partners call the project a rare, once-in-a-lifetime opportunity to responsibly restore […]
As global interest in naturally occurring hydrogen grows, researchers at InnoTech Alberta say the province has “exceptional potential” to lead production of the rare, nearly zero-emission energy resource. Alberta is in a prime position for the emerging field because of its rich geology and energy industry expertise, they said. “We are trying to de-risk this […]
Dow Canada president Skya Kruithof has spent much of his career in the United States, but says that as a Canadian, he’s “extremely proud” of what the company is doing in Alberta. Earlier this year, amid improving market conditions, Dow recommitted to completing a $10-billion petrochemical expansion near Edmonton where work was slowed the previous […]