Canadian Natural Resources

Mon, 2014-10-13 08:00Chris Rose
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New Report: Who Will Pay for the Costs and Damages of Climate Change?

people's climate march, zack embree

Canadian oil and gas companies could be liable for billions of dollars of damages per year for their contribution to climate change caused by toxic greenhouse gas emissions, according to a study published Thursday.

The study looked at five oil and gas companies currently trading on the Toronto Stock Exchange — Encana, Suncor, Canadian Natural Resources, Talisman, and Husky — and found they could presently be incurring a global liability as high as $2.4 billion annually.

Climate change is increasingly discussed not as some far-off threat but in terms of current realities,” said the 62-page study — Payback Time? What the internationalization of climate litigation could mean for Canadian oil and gas companies.

Published by the Canadian Centre for Policy Alternatives and West Coast Environmental Law (WCEL), the study found data showing the global financial cost of private and public property and other damage associated with climate change in 2010 has been estimated at $591 billion, rising to $4.2 trillion in 2030.

Sat, 2013-08-17 12:13Carol Linnitt
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CNRL Cold Lake Bitumen Seepage Hits 1.2 Million Litres, Reports AER

cold lake bitumen spill, underground seepage, CNRL

The ongoing trouble on the Cold Lake Air Weapons Range in North Eastern Alberta, where oil company Canadian Natural Resources Ltd. (CNRL) has numerous in situ oil recovery sites, has yet to show signs of abatement.

Underground oil spills on CNRL’s Primrose facility have been leaking bitumen emulsion into the muskeg, waterways and forest that surround the site for nearly three months.

The Alberta Energy Regulator (AER) says the total volume of bitumen emulsion recovered from four separate sites where the seepage is ongoing is now 1275.7 cubic metres, the equivalent of 8024 barrels of oil or 1.27 million litres.

The original volume of the spill was reported as 28 cubic metres.

Thu, 2012-05-10 15:57Brendan DeMelle
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Tar Sands Oil Companies 71 Percent Foreign-Owned - Cue Ezra Levant's Outrage

ForestEthics Advocacy released a game-changing research brief today documenting the massive foreign control of Alberta's tar sands oil industry. Publicly traded oil companies with active tar sands operations have a very high level of foreign ownership – 71 per cent.

Some supposedly “Canadian” oil companies including Suncor, Canadian Natural Resources Limited, Imperial Oil and Husky are predominantly owned by foreign interests. More than half of Canada’s oil and gas revenue goes to companies under foreign control.

This revelation stands in stark contrast to the talking points of the Harper administration and its media echo chamber, which insist that there is too much foreign influence over Canada's resource decisions from environmental groups. In fact, the evidence shows overwhelmingly that foreign interests are influencing tar sands and other resource decisions - chiefly Chinese and other foreign oil companies. 

Cue Ezra Levant's outrage at this foreign influence in Canadian interests! Where's Vivian Krause when you need her? Surely the Ethical Oil Institute will agree that this level of foreign intervention is a dangerous threat to Canada's future

Recall that when the Ethical Oil Institute launched its allegedly “100% Canadian” OurDecision.ca website, this was the statement by spokesperson Kathryn Marshall:  “We’ll never take foreign money to undermine our country’s national interests.” 

The group admits that it receives funding from companies active in the tar sands. Now that it's been revealed that all these companies are predominently foreign-owned, the group's claims to be 100% Canadian are highly misleading. We await their statement correcting the record.

Anticipating that someone, perhaps from the 'ethical oil' team, will quickly attempt to do damage control by claiming that this is just some ginned up report by ForestEthics, let's be crystal clear that the data underlying the report are all from independent sources including Bloomberg Professional and industry journals. 

Tue, 2011-12-06 18:18Brendan DeMelle
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BREAKING: Northern Gateway Pipeline Decision Delayed Until Late 2013

The Calgary Herald reports that the decision on the controversial Enbridge Northern Gateway Pipeline was delayed today until late 2013, a year later than planned. The three-member panel said it “would anticipate releasing the environmental assessment report in the fall of 2013 and its final decision on the project around the end of 2013.”

The joint review panel of Environment Canada and the National Energy Board announced that it will take the additional year to review the widespread public concern over the proposed pipeline, which would cut through First Nations lands in order to shuttle the dirtiest oil on the planet, Alberta tar sands, to Asian export markets.

The delay is not a good sign for Enbridge or KinderMorgan, the two major tar sands pipeline interests hoping to enable the export of Alberta's climate-killing product overseas. As we learned last week, the oil industry will face a powerful adversary since BC’s First Nations pledged, as a united front, to halt construction and prevent the proposed pipelines from crossing their territory.

Marking their commitment against the pipeline projects, 55 First Nations leaders from across BC signed the Save the Fraser Declaration.  “These First Nations form an unbroken wall of opposition from the U.S. border to the Arctic Ocean,” said the group in a statement. 
 
In response to the firm commitment of First Nations leaders, federal Natural Resources Minister Joe Oliver said today that Northern Gateway “shouldn’t be held hostage by aboriginal and environmental groups threatening to create a human “wall” to prevent construction,”according to the National Post article, “Oil industry’s ‘nation-building’ pipeline won’t be stopped by protesters.”
 

Fri, 2011-10-14 08:49Emma Pullman
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Canadian Corporation Behind Efforts to Shut Down Occupy Wall Street Has Ties to Big Oil

Occupy Wall Street is about challenging the power of the richest 1%. But what happens when that 1% owns the land of the occupation? It has been revealed that a Canadian company was behind efforts to shut down the birthplace of the movement, Zuccotti Park. 

Mayor Bloomberg and the NYPD notified Occupy Wall Street participants about plans to “clean the park”— the site of the occupation—starting this morning at 7am. “Cleaning” has been repeatedly as a pretense to shut down peaceful occupations. It was used to evict protesters from the Wisconsin state house. It was used by Bloomberg himself to shut down a peaceable demonstration against budget cuts. The “cleaning” was essentially a ploy to evict protesters, but in a remarkable turn of events, the company backed down from threats to evict the park.

The attempted eviction comes hours before a global day of solidarity actions. The movement is taking the world by storm with a message that resonates powerfully with the millions of regular people: growing economic inequality is corrupting our democracies and making most people’s lives worse. 

So, who is behind the eviction threats? Brookfield Asset Management, a Canadian company, owns Zuccotti Park and the adjacent office building, One Liberty Plaza. The company has an agreement with the city that the park will be open to public use. 

Thu, 2011-01-06 16:27Emma Pullman
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Breaking News: Fire Breaks Out At Tar Sands Site in Alberta

Thursday afternoon, fire broke out at the Horizon oilsands site near Fort McKay in northern Alberta.  Canadian Natural Resources Ltd., which owns the site, confirmed that the fire was set off by an explosion around 5:30 PM Eastern Time Thursday.

The fire itself started in an upgrader across from the plant where bitumen is converted into crude oil.  The 480-foot coker structure, which uses heat to convert bitumen into crude oil caught fire.  Individuals at the site claimed that the explosion caused flames and smoke to shoot hundreds of feet into the air. 

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