Canada Oil Sands Opportunities and Challenges to 2015: an Update
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Regulation of Access to Oil Pipelines 777
REGULATION OF ACCESS TO OIL PIPELINES 777 THE NATIONAL ENERGY BOARD: REGULATION OF ACCESS TO OIL PIPELINES JENNIFER HOCKING* In the past few years, a number of long-distance oil pipelines have been proposed in Canada — Northern Gateway, the Trans Mountain Expansion, Keystone, and the Energy East Project. This article describes the criteria used by the National Energy Board in approving the allocation of capacity in oil pipelines to firm service contracts while requiring that a reasonable percentage of capacity is allocated for uncommitted volumes (common carriage). It explains the economic theory related to regulation of access to major oil pipelines. It reviews and analyzes relevant NEB decisions, which show that the NEB supports well- functioning competitive markets, but will exercise its discretion to resolve complaints where markets are not functioning properly. The article also explains the economic significance of the proposed long-distance oil pipelines to Canada and Alberta despite the current low price of crude oil. The article concludes with recommendations for a written NEB policy regarding access to capacity in oil pipelines. TABLE OF CONTENTS I. SIGNIFICANCE OF PROPOSED OIL PIPELINES TO THE CANADIAN ECONOMY ................................. 778 A. PIPELINES NEEDED DESPITE LOW PRICE OF OIL ............... 780 B. SHIPPING OF OIL BY RAIL ................................ 781 II. OIL PIPELINES AS COMMON CARRIERS ........................... 781 A. THE NATURE OF COMMON CARRIERS ....................... 781 B. COMMON CARRIAGE OBLIGATION SUBJECT TO REASONABLENESS TEST ............................... 783 C. WHY WERE OIL PIPELINES ORIGINALLY DESIGNATED AS COMMON CARRIERS? ................................. 784 III. MAJOR LONG-DISTANCE OIL PIPELINES TODAY ................... 785 A. ENBRIDGE PIPELINES .................................... 786 B. TRANS MOUNTAIN PIPELINE .............................. 787 C. SPECTRA ENERGY EXPRESS-PLATTE ....................... -
Would You Like to Write ''The Formation of Perhydrophenalenes and Polyalkyladamantanes by Lsomerization of Tricyclic Perhydroaromatics ?''
would you like to write ''The Formation of Perhydrophenalenes and Polyalkyladamantanes by lsomerization of Tricyclic Perhydroaromatics ?'' How's that again? Well, never mind Athabasca oil sands project in North ings in Exploration, Production, -Bob Warren, Ed Janoski, and Abe ern Alberta to multiply the world's Manufacturing, Research, Engineer Schneider already wrote it. They're petroleum resources; plan a new $125 ing, Sales, Accounting, Economics, chemists in Sun Oil Company's Re million processing facility in Puerto and Computer Operation. Locations search and Development Department. Rico; expand the Toledo Refinery to - Philadelphia, Toledo and Dallas Their paper is just one of many re the tune of $50 million; sponsor the areas. sulting from imaginative and origi "Sunoco Special" and the racing team You may write us for an appoint nal basic research conducted at Sun of Roger Penske and Mark Donohue ment, write for our book "Sunoco Oil. in big league sports car racing to Career Opportunities Guide," or con Maybe basic research and technical competition-prove and improve Sun tact your College Placement Director papers aren't your cup of tea. But oco products for the public; pursue a to see Sun's representative when on isn't the kind of company that in continuing program for air and water campus. SUN OIL COMPANY, Indus vests in and encourages such projects pollution control; beautify Sunoco trial Relations Dept. CED, 1608 Wal the kind of company you'd like to service stations everywhere. nut Street, Philadelphia, Pa.19103 or work for? Sunoco is geared for growth. We P . O. Box 2880, Dallas, Texas 75221. -
Conocophillips: Rule 14A-8 No-Action Letter
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549-4561 Januar 31, 2011 Michael S. Telle Bracewell & Giuliani LLP 711 Louisiana Street Suite 2300 Houston, TX 77002 Re: ConocoPhillps . Incoming letter dated December 17, 2010 Dear Mr. Telle: Ths is in response to your letters dated December 17, 2010 and Janua 24,2011 concernng the shareholder proposal submitted to ConocoPhillps by the AFL-CIO Reserve Fund. We also have received a lttter from the proponent dated Januar 7, 201l. our response is attached to the enclosed photocopy of your correspondence. By doing this, we avoid having to recite or sumarze the facts set forth in the correspondence. Copies of all of the correspondence also will be provided to the proponent. In connection with this matter, your attention is directed to the enclosure, which sets forth a brief discussion ofthe Division's informal procedures regarding shareholder proposals. Sincerely, Gregory S. Bellston Special Counsel Enclosures cc: Robert E. McGarrah, Jr. Counsel, Office of Investment American Federation of Labor and Congress of Industrial Organizations 815 Sixteenth Street, N.W. Washington, DC 20006 Januar 31, 2011 Response of the Office of Chief Counsel Division of Corporation Finance Re: ConocoPhilips Incoming letter dated December 17, 2010 The proposal requests that the board prepare a report on the steps the company has taen to reduce the risk of accidents. The proposal fuher specifies that the report should describe the board's oversight of process safety management, staffing levels, inspection and maintenance of refineries and other equipment. Weare unable to concur in your view that ConocoPhilips may exclude the proposal under rule 14a-8(i)(10). -
Athabasca Oil Sands Project Acquisition March 9, 2017
Athabasca Oil Sands Project Acquisition March 9, 2017 ATHABASCA OIL SANDS PROJECT ACQUISITION March 9, 2017 PREMIUM VALUE. DEFINED GROWTH. INDEPENDENT. Agenda • Transaction ‒Significant Opportunity ‒Overview & Metrics ‒Operational Impact • Asset Overview ‒Summary & Upside Opportunities ‒Mines ‒Upgrader ‒Infrastructure Pipelines ‒Quest Carbon, Capture, & Storage (“CCS”) ‒Other Oil Sands Assets • Opportunities to Create Value • Finance ‒Summary of Financial Impact ‒Financing Plan • Conclusion CNQ 2 1 Athabasca Oil Sands Project Acquisition March 9, 2017 Forward Looking Statements Certain statements relating to Canadian Natural Resources Limited (the “Company”) in this document or documents incorporated herein by reference constitute forward-looking statements or information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Forward-looking statements can be identified by the words “believe”, “anticipate”, “expect”, “plan”, “estimate”, “target”, “continue”, “could”, “intend”, “may”, “potential”, “predict”, “should”, “will”, “objective”, “project”, “forecast”, “goal”, “guidance”, “outlook”, “effort”, “seeks”, “schedule”, “proposed” or expressions of a similar nature suggesting future outcome or statements regarding an outlook. Disclosure related to expected future commodity pricing, forecast or anticipated production volumes, royalties, operating costs, capital expenditures, income tax expenses and other guidance provided, constitute forward-looking statements. Disclosure -
Athabasca Oil Corporation Takes Further Actions in Response to The
FOR IMMEDIATE RELEASE ‐ April 2, 2020 Athabasca Oil Corporation Takes Further Actions in Response to the Current Environment CALGARY – Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is taking further immediate actions in response to the significant decline in global oil prices to bolster balance sheet strength and corporate resiliency. Shut‐in of Hangingstone Asset Due to the significant decline in oil prices combined with the economic uncertainty associated to the ongoing COVID crisis, Athabasca has decided to suspend the Hangingstone SAGD operation. This suspension was initiated on April 2, 2020 and will involve shutting in the well pairs, halting steam injection to the reservoir, and taking measures to preserve the processing facility and pipelines in a safe manner so that it could be re‐started at a future date when the economy has recovered. The Hangingstone asset has an operating break‐even of approximately US$37.50 Western Canadian Select and this action is expected to significantly improve corporate resiliency in the current environment. As part of this action, Athabasca is reducing its corporate staff count by 15%. Hangingstone was Athabasca’s first operated oil sands project that began construction in 2013 and was commissioned in 2015. The Company would like to thank all staff that have worked hard over the years to bring this asset on stream. It is unfortunate that made‐in‐Alberta assets like Hangingstone cannot continue operations under current prices. Revised 2020 Guidance Annual corporate guidance is 30,000 – 31,500 boe/d and reflects a ~2,500 boe/d reduction related to the shut‐in. -
Explaining Variation in Oil Sands Pipeline Projects
Canadian Journal of Political Science (2020), 1–20 doi:10.1017/S0008423920000190 RESEARCH ARTICLE/ÉTUDE ORIGINALE Explaining Variation in Oil Sands Pipeline Projects Amy Janzwood* Department of Political Science, University of Toronto, 100 St. George, Toronto ON, M5S 3G3 *Corresponding author. Email: [email protected]. Abstract While the vast majority of oil pipeline projects in Canada have been successfully built, several mega oil sands projects within and passing through Canada have been cancelled or significantly delayed. This article explains why these delays and cancellations have occurred. A systematic cross-case analysis is used to provide insight into the changing politics of oil sands pipelines. Qualitative comparative analysis (QCA) is used to identify combinations of causal conditions that co-occur across cases of proposed new oil pipelines and pipeline expansion projects. The pipeline projects were proposed to the federal regulator—the National Energy Board—between 2006 and 2014. The QCA reveals that social mobilization and major regulatory barrier(s) are necessary conditions in explaining variation in pipeline project outcomes. The analysis of sufficiency reveals more complex configurations of conditions. This article contributes to the literature on the politics of oil sands pipelines by using a comparative approach to identify the impacts of socio-polit- ical and legal dynamics that have emerged around pipelines in the last 15 years. Résumé Cet article explique les raisons pour lesquelles plusieurs propositions récentes de méga- pipelines à l’intérieur du Canada et passant à travers le pays ont été annulées ou considérablement retardées. Alors que la grande majorité des projets d’oléoducs ont été construits avec succès, plusieurs mégaprojets de sables bitumineux ont été mis de côté ou ont subi des retards importants. -
Comparison of CSS and SAGD in Cold Lake
University of Calgary PRISM: University of Calgary's Digital Repository Graduate Studies The Vault: Electronic Theses and Dissertations 2015-05-04 Comparison of CSS and SAGD in Cold Lake Shayganpour, Farshid Shayganpour, F. (2015). Comparison of CSS and SAGD in Cold Lake (Unpublished master's thesis). University of Calgary, Calgary, AB. doi:10.11575/PRISM/25374 http://hdl.handle.net/11023/2240 master thesis University of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission. Downloaded from PRISM: https://prism.ucalgary.ca UNIVERSITY OF CALGARY Comparison of CSS and SAGD in Cold Lake By Farshid Shayganpour A THESIS SUBMITTED TO THE FACULTY OF GRADUATE STUDIES IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTERS OF ENGINEERING DEPARTMENT OF CHEMICAL & PETROLEUM ENGINEERING CALGARY, ALBERTA APRIL, 2015 © Farshid Shayganpour, 2015 ABSTRACT Several methods are being used to recover buried heavy oil or bitumen deposits within oil- sands reservoirs. Cyclic Steam Stimulation (CSS) has been a commercial recovery process since the mid 1980’s in the Cold Lake area in northeast Alberta. Also, Several Steam-Assisted Gravity Drainage (SAGD) projects are in operation in different types of reservoirs in the Cold Lake area. There is a debate over whether CSS is more efficient in the Cold Lake reservoirs or SAGD. It is very important for producers to know broadly about the performance and efficiency of the oil recovery process. -
Air Quality Monitoring
Proposed Southern Air Monitoring Plan - Next Steps Southern Air Monitoring Plan Operations and Data Management If the Southern Air Monitoring Plan is approved for funding by AEMERA in 2015/16, WBEA members propose Data generated by the proposed Southern Air Monitoring validated data are available within four weeks after the to phase in implementation of the plan over the next six years. Some of the milestones would include: Plan would become part of WBEA’s existing data and month in which they were collected. The validated data are information management system which has been then provided to stakeholders, regulators and the public Wood Buffalo Environmental Association developed over the last 16 years to meet user data and to ensure that accurate information is available to support operational needs, as well as regulatory requirements. informed decision making. Air Quality Monitoring Generating timely, accurate, accessible, high-quality data is • Prepare a draft work plan for implementation of the Southern Air a fundamental principle of WBEA’s monitoring programs. The following figure illustrates the flow of information from Monitoring Plan. WBEA monitoring stations to various data repositories. • Complete monitoring site construction and commission the Conklin Enhanced WBEA has developed a leading-edge Data Management WBEA data arising from environmental monitoring Deposition Station (AMS 18), in support of JOSM. System (DMS) which ensures that data are transmitted in activities undertaken in support of the Southern Air near real-time to the WBEA website and that raw data are Monitoring Plan will also be available for all the purposes • Deploy WBEA portable air monitoring stations to Conklin and Janvier until A Proposed Ambient Air Monitoring Plan for the Southern validated and archived for future analysis. -
U.S.-Canada Cross- Border Petroleum Trade
U.S.-Canada Cross- Border Petroleum Trade: An Assessment of Energy Security and Economic Benefits March 2021 Submitted to: American Petroleum Institute 200 Massachusetts Ave NW Suite 1100, Washington, DC 20001 Submitted by: Kevin DeCorla-Souza ICF Resources L.L.C. 9300 Lee Hwy Fairfax, VA 22031 U.S.-Canada Cross-Border Petroleum Trade: An Assessment of Energy Security and Economic Benefits This report was commissioned by the American Petroleum Institute (API) 2 U.S.-Canada Cross-Border Petroleum Trade: An Assessment of Energy Security and Economic Benefits Table of Contents I. Executive Summary ...................................................................................................... 4 II. Introduction ................................................................................................................... 6 III. Overview of U.S.-Canada Petroleum Trade ................................................................. 7 U.S.-Canada Petroleum Trade Volumes Have Surged ........................................................... 7 Petroleum Is a Major Component of Total U.S.-Canada Bilateral Trade ................................. 8 IV. North American Oil Production and Refining Markets Integration ...........................10 U.S.-Canada Oil Trade Reduces North American Dependence on Overseas Crude Oil Imports ..................................................................................................................................10 Cross-Border Pipelines Facilitate U.S.-Canada Oil Market Integration...................................14 -
Energy East Pipeline Project
WhenEnergy the pipeline East: spills... Previous ruptures along TransCanada’s Mainline – part of the planned Energy East pipeline project. Photos by the Transportation Safety Board of Canada. Cover photos Pipeline Investigation Report P09H0074 Top left: Aerial Photo of the Englehart Occurrence Site, from , Transportation Safety Board of Canada. Available at http://www.tsb. gc.ca/eng/rapports-reports/pipeline/2009/p09h0074/p09h0074.aspPipeline Investigation Report P11H0011 Top right: Downstream line-break section of Line 100-2, from , Transportation Safety Board of Canada. Available at http://www.tsb. gc.ca/eng/rapports-reports/pipeline/2011/p11h0011/p11h0011.aspPipeline Investigation Report P09H0083 Bottom: Aerial photo of the Marten River occurrence site, from , Transportation Safety Board of Canada. Available at http://www.tsb. gc.ca/eng/rapports-reports/pipeline/2009/p09h0083/p09h0083.aspEnergy East: When the pipeline spills... is published under the Creative Commons licence Attribution-NonCommercial- ShareAlike 4.0. Images used within this document remain copyrighted by their respective owners except where specifically indicated. Energy East: When the pipeline spills... TransCanada’s Energy East pipeline project would convertIt would an up be to the40-year-old largest oil natural pipeline gas inpipeline North to America, carry crude oil from Saskatchewan to Ontario, connecting it with new pipeline through Quebec and on to Saint John, New Brunswick. transporting 1.1 million barrelsif of oil every day. when where how much When it comes to pipelines, it is not a matter of a pipeline spills, it is a matter of , and it spills. NL AB SK MB Edmonton Hardisty Regina ON QC PE Winnipeg Thunder Bay Quebec City NB Montreal NS North Bay Saint John Ottawa Selective memory: TransCanada’s safety record. -
Housing Needs Assessment | Regional Municipality of Wood Buffalo
WOOD BUFFALO HOUSING NEEDS ASSESSMENT Wood Buffalo Regional Report Prepared by: Urban Matters CCC 2nd Floor, 9902 Franklin Avenue Fort McMurray, AB T9H 2K5 P: (780) 430-4041 May 2019 TABLE OF CONTENTS FIGURES ..................................................................................................3 TABLES ....................................................................................................3 EXECUTIVE SUMMARY.............................................................................1 KEY FINDINGS ..........................................................................................6 COMMUNITY HOUSING PROFILE .............................................................8 Demographics .........................................................................................8 Current Population .........................................................................9 Age and Gender Profile ..................................................................9 Ethnic and Cultural Identity ..........................................................10 Households ...........................................................................................11 Household Type ...........................................................................11 Household Tenure ........................................................................12 Economy ...............................................................................................12 Income .........................................................................................12 -
Facts About Alberta's Oil Sands and Its Industry
Facts about Alberta’s oil sands and its industry CONTENTS Oil Sands Discovery Centre Facts 1 Oil Sands Overview 3 Alberta’s Vast Resource The biggest known oil reserve in the world! 5 Geology Why does Alberta have oil sands? 7 Oil Sands 8 The Basics of Bitumen 10 Oil Sands Pioneers 12 Mighty Mining Machines 15 Cyrus the Bucketwheel Excavator 1303 20 Surface Mining Extraction 22 Upgrading 25 Pipelines 29 Environmental Protection 32 In situ Technology 36 Glossary 40 Oil Sands Projects in the Athabasca Oil Sands 44 Oil Sands Resources 48 OIL SANDS DISCOVERY CENTRE www.oilsandsdiscovery.com OIL SANDS DISCOVERY CENTRE FACTS Official Name Oil Sands Discovery Centre Vision Sharing the Oil Sands Experience Architects Wayne H. Wright Architects Ltd. Owner Government of Alberta Minister The Honourable Lindsay Blackett Minister of Culture and Community Spirit Location 7 hectares, at the corner of MacKenzie Boulevard and Highway 63 in Fort McMurray, Alberta Building Size Approximately 27,000 square feet, or 2,300 square metres Estimated Cost 9 million dollars Construction December 1983 – December 1984 Opening Date September 6, 1985 Updated Exhibit Gallery opened in September 2002 Facilities Dr. Karl A. Clark Exhibit Hall, administrative area, children’s activity/education centre, Robert Fitzsimmons Theatre, mini theatre, gift shop, meeting rooms, reference room, public washrooms, outdoor J. Howard Pew Industrial Equipment Garden, and Cyrus Bucketwheel Exhibit. Staffing Supervisor, Head of Marketing and Programs, Senior Interpreter, two full-time Interpreters, administrative support, receptionists/ cashiers, seasonal interpreters, and volunteers. Associated Projects Bitumount Historic Site Programs Oil Extraction demonstrations, Quest for Energy movie, Paydirt film, Historic Abasand Walking Tour (summer), special events, self-guided tours of the Exhibit Hall.