Home / Tag Archives: canadian oil sands

Tag Archives: canadian oil sands

Residents to start return to fire damaged Canadian oil city

EDMONTON, Alberta (AP) — A phased return of more than 80,000 residents of the fire-damaged oil sands city Fort McMurray will begin Wednesday as planned, Alberta’s premier announced Tuesday. Rachel Notley said that the wildfire is no longer an imminent threat to the city and critical infrastructure has been repaired. The massive wildfire destroyed about 2,400 structures almost a month ...

Read More »

Alberta reviews re-entry plan as flames spread north

FORT MCMURRAY, Alberta (AP) — Canadian officials said Tuesday they are taking a second look at their plan to allow people to return home to Fort McMurray after a raging wildfire spread north toward oil sands plants. Alberta Premier Rachel Notley told a news conference in Edmonton Tuesday that the fire overnight destroyed a 665-room work camp north of the ...

Read More »

Workers evacuated from Alberta oil camps due to wildfire

oil camps, wildfire, Alberta, Canada

FORT MCMURRAY, Alberta (AP) — Some 8,000 workers at oil camps north of the fire-ravaged Canadian city of Fort McMurray were ordered to evacuate late Monday as authorities continued the battle to bring wildfires under control. The mandatory evacuation zone was extended to 50 kilometers (30 miles) north of the city, whose 80,000 residents have been out of their homes ...

Read More »

Alberta to have plan within 2 weeks for returning evacuees

EDMONTON, Alberta (AP) — Alberta will have a plan within two weeks for getting residents of the wildfire-ravaged oil sands capital Fort McMurray back into their homes, even as fire conditions were forecast to worsen, the province’s municipal affairs minister said Thursday. Danielle Larivee told reporters she realizes how difficult it is for evacuees — thousands of them in the ...

Read More »

Iran helps offset problems in Canada and Nigeria, IEA says

Iran helps offset problems in Canada and Nigeria, IEA says

PARIS (AP) — The International Energy Agency said Thursday that higher than expected Iranian oil production has helped stabilize the global oil market by offsetting concerns generated by wildfires in Canada and violence in Nigeria. In its monthly report, the Paris-based IEA said global oil output rose to 32.7 million barrels a day in April, a figure boosted by Iran ...

Read More »

Alberta officials say oil sands city saved from fire’s worst

FORT MCMURRAY, Alberta (AP) — Alberta’s premier has declared Canada’s oil sands city has been largely saved and said a plan will be put together within two weeks so most of the 88,000 evacuees can return to their homes. At least two neighborhoods in Fort McMurray became scenes of utter devastation with incinerated homes leveled by a wildfire that the ...

Read More »

Global stocks steady, crude oil prices jump

Global stocks steady, crude prices jump

NEW YORK (AP) — U.S. stocks were slightly higher on Thursday, helped by a sharp drive up in crude oil prices, which rose more than 3 percent. Investors are looking ahead to Friday’s closely watched jobs report. KEEPING SCORE: The Dow Jones Industrial Average was up 43 points, or 0.2 percent, to 17,694 as of 10:20 a.m. Eastern. The Standard ...

Read More »

Residents evacuated as fires threaten Canadian oil sands town

Canada oil sands, fire

FORT MCMURRAY, Alberta (AP) — A wildfire forced the evacuation of the Canadian oil sands city of Fort McMurray, Alberta, destroying 80 percent of the homes in one neighborhood and extensively damaging property in a number of others, officials said Wednesday, warning that it could get worse in the coming hours. More than 80,000 residents were ordered to flee as ...

Read More »

Canada’s buoyant Greens say they don’t favor oil sands shutdown

OTTAWA – The leader of Canada’s small Green Party, which has a long-shot chance of holding the balance of power after the country’s Oct. 19 election, said on Friday she does not favor shutting down the Alberta oil sands, a favorite target of environmentalists. Elizabeth May, fresh from a praised performance in the opening election debate on Thursday, said her ...

Read More »

Price drop hammers growth in Canada’s oil production

CALGARY, Alberta – Weak oil prices will slash growth in Canada’s prolific oil sands, cutting production and discouraging investment in the world’s third-largest crude reserve, according to a new forecast from Canada’s most influential oil industry lobby group. In its annual production forecast, the Canadian Association of Petroleum Producers said it expected the country’s output to rise to 5.3 million ...

Read More »