On Thursday, Commodities will bring you an interview with one of the authors of a report on pipeline oversight in Alberta that’s been slammed as “just a selective review of regulations” and “not the report that Albertans deserve.”
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A recent article on Bloomberg described a disaster that occurred in 1976 in West Texas when an underground oil pipeline exploded, burning to death five people.
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On a cold, blustery Sunday in February, tens of thousands of people descended on Washington’s National Mall to protest the proposed TransCanada Corp.’s $5.3-billion Keystone XL oil pipeline. They chanted, waved placards and called on U.S. President Barack Obama to kill the project, which, if completed, would pump up to 830,000 barrels a day from Alberta’s oil sands to refineries on the U.S. Gulf Coast. Referring to the energy-intensive processes needed to extract gooey oil-sands bitumen, activist and organizer Bill McKibben claimed that approving the 1,200-km pipeline would be tantamount to lighting a massive “carbon bomb.”
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EDMONTON – Unmanned aerial drones may one day watch over the pipelines that criss-cross Alberta’s landscape, and the province is hoping to develop such cutting-edge technology with Nevada’s help.
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The U.S. State Department approved on Wednesday a pipeline to Canada.
However this was not the controversial Keystone XL pipeline that has been the subject of environmental and political battles in the United States Congress. Rather, it is a pipeline to carry ethane from the Bakken formation in North Dakota, through Saskatchewan, to Empress, Alberta.
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The Canadian government said it was committed to a safe rail transit network following a weekend derailment in a Quebec town near the border with Maine. At least five people were killed Saturday when a train carrying crude oil from North Dakota slipped the track and exploded in Lac-Megantic. The federal government said it was in charge of the investigation, though it was unclear what initially led to the incident. Oil deliveries by rail have increased along with North American crude oil production. In a tit-for-tat season of pipeline and rail incidents, it’s becoming clear there are no clear-cut winners for crude oil transit.
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Intense flooding in southern Alberta is not threatening the province’s network of oil and natural gas pipelines, the province’s minister of municipal affairs said on Friday.
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CALGARY — Canadian crude oil will get to U.S. refineries whether or not Keystone XL and other contentious pipelines are approved, president Steve Laut of Canadian Natural Resources Ltd. declared Wednesday.
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TERRACE, B.C. – There is a growing imbalance between oil supply and delivery in Canada and a spokesman for the Canadian Association of Petroleum Producers says doing nothing is not an option.
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Big Country Energy Services, the locally formed pipeline company that grew into a large energy services firm in Western Canada, has been sold to a Florida-based construction consortium, as announced late last week.
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