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[Due to the increasing size of the archives, each topic page now contains only the prior 365 days of content. Access to older stories is now solely through the Monthly Archive pages or the site search function.]

Shell completes divestment of oil sand interests in Canada; retains Scotford refinery and plants

June 01, 2017

Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%.

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Alberta Innovates & NRCan awarding $26.2M to three oil sands clean tech projects; industry kicking in $43.3M

May 12, 2017

Alberta Innovates has teamed up with Natural Resources (NRCan) and industry partners to take three clean oil sands technologies to commercial demonstration. This announcement is a result of NRCan’s Oil and Gas Clean Tech Program. NRCan is contributing $21 million and Alberta Innovates is investing $5.2 million, for a total of $26.2 million over two years.

The three industry partners, Cenovus Energy, Field Upgrading, and MEG Energy are investing $43.3 million in commercial demonstration in the three projects intended to reduce the greenhouse gas emissions of bitumen production and upgrading.

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US State Department issues Presidential Permit to TransCanada for Keystone XL

March 24, 2017

The US Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline. The permit authorizes TransCanada to construct, to connect, to operate, and to maintain pipeline facilities at the US-Canadian border in Phillips County, Montana for the importation of crude oil.

In November 2016, then US Secretary of State John Kerry had rejected the controversial Keystone XL, citing combatting climate change as the critical factor. Kerry noted at that time that the arguments pro and con had been “overstated”. (Earlier post.) In January 2017, two days after newly inaugurated President Trump issued a Presidential Memorandum inviting TransCanada to “promptly re-submit its application to the Department of State for a Presidential permit for the construction and operation of the Keystone XL Pipeline,” the company did so.

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