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Tue, 2014-11-18 06:45Kyla Mandel
Kyla Mandel's picture

UK Energy Minister Calls for More Tar Sands, Fracking and Climate Action at Same Time

The UK and Canada must strengthen their energy relationship by increasing investment in tar sands and fracking, Department of Energy and Climate Change (DECC) energy minister Matthew Hancock said at today’s Europe-Canada Energy Summit in London.

There remains great potential for deepening our energy relationship further, including delivering more British investment in Canada’s energy industry, or growing Canadian investment in the UK,” Hancock said.

We want to see more British companies active in the energy supply chain across Canada,” he said, repeatedly pointing to opportunities in Alberta’s tar sands and Western Canada’s shale gas reserves.

Mon, 2014-11-03 13:14Emma Gilchrist
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Energy Executive Quits Trans Mountain Pipeline Review, Calls NEB Process A ‘Public Deception'

Marc Eliesen

An energy executive is weighing in on the federal review of Kinder Morgan’s Trans Mountain oil pipeline expansion with a scathing letter that calls the National Energy Board’s review process “fraudulent” and a “public deception” — and calls for the province of British Columbia to undertake its own environmental assessment.

Marc Eliesen — who has 40 years of executive experience in the energy sector, including as a board member at Suncor — writes in his letter to the National Energy Board that the process is jury-rigged with a “pre-determined outcome.”

Eliesen is the former CEO of BC Hydro, former chair of Manitoba Hydro and has served as a deputy minister in seven different federal and provincial governments.

In his letter, Eliesen tells the National Energy Board (NEB) that he offered his expertise as an intervenor in good faith that his time would be well spent in evaluation Trans Mountain’s proposal.

Unfortunately, I have come to the conclusion that the board, through its decisions, is engaged in a public deception,” Eliesen writes. “Continued involvement with this process is a waste of time and effort, and represents a disservice to the public interest because it endorses a fraudulent process.”

Mon, 2014-10-13 08:00Chris Rose
Chris Rose's picture

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.

Thu, 2014-09-25 14:49Justin Mikulka
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U.S. Oil Imports From Canada Hit All-Time High Despite Opposition

Oil tankers

While the battle against TransCanada’s Keystone XL pipeline rages on and oil-by-rail faces increased scrutiny, U.S. oil imports from Canada have quietly hit a record high of 2.99 million barrels per day.

That number — from the week ending Sept. 12, 2014 — marks a 20 per cent increase from a year earlier.

While rail is still handling only a small amount of crude oil compared to pipelines, it continues to rapidly expand.

In a May 19, 2014 meeting between the American Petroleum Institute (API) and the White House Office of Information and Regulatory Affairs (OIRA), API indicated the oil industry estimated it would need 12,000 rail cars to move Western Canadian crude, which is predominantly tar sands oil.

And in the second half of this year, it is becoming evident that the API’s prediction was a pretty good one. Rail is going to play an increased role alongside pipelines in getting tar sands oil to market despite opposition from activists across North America.

Tue, 2014-06-24 17:11Carol Linnitt
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New Campaign Spoofs Suncor's "What Yes Can Do" Green PR Blitz

Suncor, SumofUs, what yes can do

A new website launched today by the corporate accountability group SumofUs.org asks ordinary Canadians to take a closer look at oilsands major Suncor's latest ad campaign, What Yes Can Do.”

By launching their own version of the ad campaign at www.whatyescando.org, SumofUs.org is questioning the disparity between “what yes can do” as Suncor puts it, and “what yes has done” in the Alberta oilsands.

SumofUs.org points out Suncor's green ad campaign, which emphasizes the corporation's efforts to preserve “…an environment for generations to come,” doesn't square with the company's own lobbying effort to limit protections for the Athabasca River. 

More than five years ago, a panel of experts recommended an end to water withdrawals from the Athabasca River during certain times of the year, when water levels are at their lowest. The cut-off would protect fish hatchlings and other aquatic life from dying off during low river flow.

All companies operating in the Alberta oilsands agreed to the recommended cut-off, but Suncor, along with Syncrude, are lobbying the Alberta government for an exemption

Thu, 2014-01-02 10:54Steve Horn
Steve Horn's picture

Warren Buffett Bought Stake in Pipeline Company on Same Day as North Dakota Oil Train Explosion

On December 30, the same day a Burlington Northern Sante Fe (BNSF) oil train derailed and exploded in Casselton, North Dakota, Warren Buffett — owner of holding company giant Berkshire Hathaway, which owns BNSF — bought a major stake in pipeline logistics company Phillips Specialty Products Inc.

Owned by Phillips 66, a subsidiary of ConocoPhillips, Phillips Specialty Products' claim to fame is lubricating oil's movement through pipelines, increasingly crucial for the industry to move both tar sands crude and oil obtained via hydraulic fracturing (“fracking”) in an efficient manner.

“Phillips Specialty Products Inc…is the global leader in the science of drag reduction and specializes in maximizing the flow potential of pipelines,” explains its website.

Buffett — the second richest man in the world — sees the flow lubricant business as a lucrative niche one, increasingly so given the explosion of North American tar sands pipelines and fracked oil pipelines.

“I have long been impressed by the strength of the Phillips 66 business portfolio,” he said of the deal in a press release. “The flow improver business is a high-quality business with consistently strong financial performance, and it will fit well within Berkshire Hathaway.”

Fri, 2013-08-16 10:51Steve Horn
Steve Horn's picture

Warren Buffett Buys Over $500 Million of Suncor Tar Sands Stock, Latest in "Dirty Deeds Done Dirt Cheap"

Warren Buffett - the fourth richest man on the planet and major campaign contributor to President Barack Obama in 2008 and 2012 - may soon get a whole lot richer.

That's because he just bought over half a billion bucks worth of Suncor Energy stock: $524 million in the second quarter of 2013, to be precise, according to Securities and Exchange Commission filings. Suncor is a major producer and marketer of tar sands via its wholly owned subsidiary Petro-Canada (formerly Sunoco) and this latest development follows a trend of Buffett enriching himself through dirty investments and deal-making. 

So far in 2013, Suncor (formerly Sun Oil Company) has produced 328,000 barrels per day of tar sands crude.

Though he receives far less negative press than the Koch Brothers, Buffett's no deep green ecologist. Not in the slightest. 

Referred to as one of 17 “Climate Killers” by Rolling Stone's Tim Dickinson in a January 2010 story, Buffett owns the behemoth holding company, Berkshire Hathway. It's through Berkshire that he's making a killing - while simultaneously killing the ecosystem - through one of its most profitable wholly-owned assets: Burlington Northern Santa Fe (BNSF).

Buffett purchased BNSF for $26 billion and was “the largest acquisition of Buffett's storied career,” Dickinson wrote.

BNSF hauls around frac sand for the controversial horizontal oil and gas drilling process known as “fracking.” The rail company also moves fracked oil from North Dakota's Bakken Shale basin, tar sands logistical equipment and tar sands crude itself and tons of coal. And not only does Buffett's BNSF haul around ungodly amounts of coal, he actually owns coal-burning utility companies, too.

Tue, 2013-01-22 13:38Steve Horn
Steve Horn's picture

Keystone XL North: TransCanada's Controversial Shale Gas Export Pipeline Plan

The battle continues over the future of TransCanada's Keystone XL tar sands pipeline, with the Tar Sands Blockade continuing and a large forthcoming President's Day anti-Keystone XL rally set to take place in Washington, DC.

In a nutshell: Keystone XL, if approved by the U.S. State Department, will carry viscous and dirty tar sands crude - also known as diluted bitumen or “dilbit” - from Alberta, Canada down to Port Arthur, TX. From Port Arthur, the tar sands crude will be exported to the global market

Muddying the waters on the decision is the fact that The Calgary Herald recently revealed that prospective Secretary of State, John Kerry, has financial investments in two tar sands corporations: Suncor and Cenovus. Kerry has $750,000 invested in Suncor and another $31,000 invested in Cenovus. 

Which of course all begs the question: Is this another episode of State Department Oil Services all over again?

Thu, 2012-10-11 15:16Kevin Grandia
Kevin Grandia's picture

Oil Giant Citgo Criminally Convicted in Bird Deaths (remind you of something?)

Here's a rule of thumb: if something is so toxic that birds die when they land on it, it's probably a good idea to put a cover on it.

In Texas yesterday, a federal district court upheld a criminal conviction against the oil refinery giant Citgo Petroleum after migratory birds landed in two open-top refinery tanks and died. Under Environmental Protection Agency (EPA) rules and Texas law such tanks are supposed to be covered. The court found that the company had known birds were landing and dying in their tanks but failed to do anything about it.

Citgo faces some $2 million in fines. A too small price to pay I think for their negligent behavior.

In Canada's tar sands, similar cases of migratory bird deaths have been ruled very differently. Many will remember the story in 2008 when 1600 ducks landed on the massive lakes of tar sands toxic by-products and died.

Sat, 2012-10-06 11:56Carol Linnitt
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Oil Industry Looks to Create "Lake District" from Open-Pit Mines and Toxic Tar Sands Waste

This week, the Cumulative Environmental Management Association (CEMA), an industry-funded consultancy group in Alberta, released the End Pit Lakes Guidance Document to the Government of Alberta for review. The 434-page document outlines a 100-year plan to integrate open-pit mines and tar sands tailings into Northern Alberta's local ecosystem, introducing what they call a 'reclaimed lake district' as a long-term alternative to the temporary tailings ponds that currently hold the billions of gallons of water, sand, clay, hydrocarbons, naphthenic acids, salt and other byproducts of the bitumen extraction and upgrading process.

The 30 proposed end-pit lakes (EPLs) will take up more than 100 square kilometers, spread out over an area of 2,500 square kilometers. Toronto, for comparison, covers an area of 630 square kilometers. 
 
Industry envisions the artificial lake district as a future recreation site, although there is no indication yet that filling empty open-pit mines with freshwater will give way to the clean natural environments necessary to promote recreational uses of the area. In fact, The Globe and Mail reports the document “highlights the scale of the ecological gamble underway in the province” and suggests the technique is being considered as a remediation option because “it's less costly to fill a mine with water than dirt.”
 

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