Seven questions about Alberta’s oil production cut
by Ricardo Acuña | December 6, 2018
On Sunday evening Alberta Premier Rachel Notley announced to the province that her government was legislating a temporary 8.7 per cent cut in the production of bitumen and conventional oil starting January 1, 2019. To the degree that the current price differential is the result of an excess supply of bitumen in the face of …
Oil sands ‘Big Five’ making billions despite oil price crash and pipeline delays, new report shows
by Corporate Mapping Project | November 7, 2018
EDMONTON – As debate continues to rage over pipelines and the current price differential for Alberta’s oil, a new Corporate Mapping Project report analyzes how the five companies that dominate the oil sands sector have fared during the recent boom-bust commodity cycle. “Despite the 2014 oil price crash and the ongoing hand-wringing over pipelines and …
Boom, Bust, and Consolidation: Corporate Restructuring in the Alberta Oil Sands
by Ian Hussey, Eric Pineault, Emma Jackson and Susan Cake | November 7, 2018
This report analyzes the economics of the five largest bitumen extractive corporations in Canada. The “Big Five” are Suncor Energy, Canadian Natural Resources Limited (CNRL), Cenovus Energy, Imperial Oil, and Husky Energy. The report examines the key features of the five firms and analyze their accumulation dynamics in the context of the latest commodity cycle: …
Shielding fossil fuel corporations from public scrutiny: The new “neutral”?
by Ben Parfitt | October 31, 2018
British Columbia’s Environmental Assessment Office bills itself as a “neutral” provincial agency. But there is evidence that this is not the case, and that BC Environment Minister George Heyman — who is tasked with “revitalizing” the province’s environmental assessment law — needs to make serious reforms. When a public regulator makes major decisions behind closed …
