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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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Canada Minister of Natural Resources emphasizes key role of oil sands in the country’s energy future

Green Car Congress

Speaking at the at the University of Toronto’s Hart House Alumni Dinner Series, Canada Minister of Natural Resources, Joe Oliver, emphasized the pivotal role that Canada’s oil sands will continue to play in the country’s energy future. New energy markets and infrastructure offer tremendous benefits to Canada and Canadians.

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Canada backs demonstration-scale algal biorefinery project in the oil sands; Algal Carbon Conversion

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The Government of Canada is supporting a three-year project that will result in the construction of a $19-million, demonstration-scale facility in Alberta that will use algae to recycle industrial carbon dioxide emissions from an oil sands facility into commercial products such as biofuels. Click to enlarge.

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Economic Modelling Study Shows Canada Can Meet Global-Warming Reduction Targets While Growing Jobs and Economy

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Canada can succeed economically while meeting targets to reduce greenhouse gas emissions, according to an economic modelling study commissioned by the Pembina Institute and the David Suzuki Foundation. The second target is derived from analysis of the emission reductions needed to limit average global warming to 2 °C. Source: Pembina.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

Green Car Congress

The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis.

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Canada adopts stricter emissions standards for ships; further alignment with US on air emissions

Green Car Congress

The Government of Canada is adopting stricter environmental standards to reduce air emissions from ships navigating in Canadian waters. These changes further align Canada’s air emission standards with the United States. Air emissions standards under the ECA are stricter than global requirements.

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New joint venture to advance LNG fueling in Canada

Green Car Congress

Ferus Natural Gas Fuels and ENN Canada Corporation are forming a joint venture today to construct, own and operate two LNG liquefaction plants in Canada. ENN Canada has committed to a significant amount of the LNG produced at these plants for its planned fueling stations. —Dick Brown, CEO of Ferus Natural Gas Fuels.

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