Tag Archives: oil sands

Pipeline Petroleum

Pipeline Petroleum

What is pipeline petroleum? Petroleum, also known as crude oil, is a common fossil fuel. Petroleum pipelines transport oil or natural gas liquids. It is the cheapest and most efficient method of moving the product from production wells, to refineries, to distribution centres. Nevertheless, numerous incidents have shown the detrimental effects petroleum pipelines can have […]

Latest News About Oil Sands

Oil barrel from Canada

Within hours of being inaugurated as the US President, Joe Biden signed an executive order canceling the Keystone XL pipeline. The pipeline would have carried 830,000 barrels a day of Alberta’s oil to the US Gulf Coast for refining. The executive order was expected, but the speed of its arrival suggests even worse news for Canada’s oil […]

Fort McMurray’s Fire: How Did it Begin?

Fort McMurray’s Wildfire: How Did it Begin?

In spring 2016, the Fort McMurray fire forced the evacuation of almost 90,000 residents in Alberta, Canada and consumed about 590,000 hectares. It temporarily shut down 40 per cent of Canada’s total oil sands output, though it did not damage production facilities. Burning questions, such as how the fire started and why it was so […]

Canada’s Economy: News, Trends and Forecast

Canada’s Economy: News, Trends and Forecast

Canada economy news 2021  The Canadian economy contracted by 5.4 per cent in 2020 – worse than its neighbour, the United States, which saw a 3.7 per cent reduction. Its economic growth forecast for 2021 is 3.5 per cent, and the government has significant influence over which industries will benefit most from their recovery plan. […]