Shell Oil surprised the environmental community in September by announcing an end to Arctic drilling. What could come next? Shell is abandoning plans for the Carmon Creek oil-sands project in Alberta and taking a $2 billion write-down.
Nov 2, 2015 Bloomberg News
Environmentalists could have saved themselves a lot of demonstrating had they known that Shell Oil would pack up their drilling rigs after only six weeks of exploratory drilling in the Chukchi Sea off Alaska. Insufficient oil and other reasons cited.
Sep 29, 2015 Reuters
The new oil tank cars were supposed to be key to preventing the fiery explosions associated with oil-train derailments. However, four recent explosions since Feb. 14, with two occurring last Thursday and Saturday, all involved the new tankers.
Mar 10, 2015 The Wall Street Journal
The rise of shale oil in Alberta over the past decade has made Calgary one of the most vibrant cities on the continent. But with oil slumping around $50 per barrel, the fortunes of an industry town look less rosy.
Feb 28, 2015 The Wall Street Journal
The new Republican-controlled Senate achieved its first major legislative victory on Thursday (Jan. 29) by passing S.1 to authorize construction of the Keystone XL pipeline. Five more votes are needed to override a potential presidential veto.
Jan 31, 2015 The Hill
The House voted for the tenth time to approve the pipeline, and a split decision by the Nebraska Supreme Court removes a key objection of President Barack Obama to ruling on Keystone XL. The Senate begins debate Monday.
Jan 11, 2015 NPR: The Two-Way
Recently we noted that Chevron had dropped their Arctic lease due to falling oil prices. With falling gasoline prices, Americans may no longer see the Keystone XL pipeline as urgent. In addition, President Obama appears likely to oppose the project.
Dec 26, 2014 The Wall Street Journal
It's not a foregone conclusion that President Obama would veto a bill expected in the Senate next week to allow the construction of the Keystone XL pipeline. But if it were to pass and Obama signs it, would it be built? CNBC investigates.
Nov 15, 2014 CNBC
A major challenge facing oil companies in the Uinta Basin is how to transport the crude to market. Alignments have been winnowed and the mode appears to be selected - rail. Total cost: $2 billion to extract $30 billion worth of oil and gas reserves.
Jun 18, 2014 The Salt Lake Tribune
The Port of Albany is thriving as a major hub for CBR shipments from the Bakken field in North Dakota and Saskatchewan province. But we learn there are limits to further growth after the city slapped a moratorium on expansion to oil sands from Canada
Mar 17, 2014 Climate Progress