Blogposts tagged 'Alberta'

Photo essay: Oil on Lubicon Land

Posted by bex - 23 June 2011 at 9:32am - 5 Comments

From deepwater drilling in the Arctic to the Tar Sands in Canada, oil companies are going to ever greater extremes to squeeze the last drops of oil from the Earth. And where oil companies pile in, environmental destruction follows.

Article tagged as: alberta, canada, go beyond oil, oil, oil spills, photo essays, rainbow pipeline, tar sands, videos

Tar sands edginess from Shell

Posted by christian - 25 January 2010 at 1:26pm - 6 Comments
All rights reserved. Credit: Greenpeace / Colin O'Connor

There's a really interesting interview with the new CEO of Shell Peter Voser in the FT today, with an important development for tar-sands watchers. Shell, who are heavily involved in extracting oil from Canadian tar sands, are scaling back a planned expansion of their operations.

Article tagged as: alberta, climate change, shell, tar sands

Shifting Sands: How a changing economy could bury the tar sands industry

Publication date:  27 July, 2009

After 100 years, is BP going senile?

Posted by jossc - 5 May 2009 at 10:35am - 1 Comment

Getting to be 100 years old is a proud milestone, but it usually comes with some complications - which can include a loss of critical faculties. As BP directors and shareholders meet to celebrate the company's centenary in London this evening, they'd be well advised to seriously question whether BP's massive investment in Canadian tar sands (pictured here) is evidence of senility setting in.

Article tagged as: alberta, BP, canada, petropolis, shell, tar sands

Tar sands investment and 'oil at any cost' threaten BP's future profitability

Posted by jossc - 3 February 2009 at 2:40pm - 2 Comments

Alberta, Canada - contaminated water from tar sands oil production fills a 2 km wide 'tailings' pool

Alberta, Canada - contaminated water from tar sands oil production fills a 2 km wide 'tailings' pool © Greenpeace

Last month our Emerald Paintbrush award presented to BP highlighted how far the company, which previously styled itself as going 'beyond petroleum', has moved back to its traditional profit source at the expense of its alternative energy division, and most likely its long-term profitability.

Investors may have been patting themselves on the back yesterday as BP posted record profits for 2008, but they should be wary - a quick trawl through the figures reveals major flaws in the company's long term investment strategy. Massive profits during the first half of the year (when oil prices reached over $100 per barrel) were undermined by a collapse in the final quarter, when prices fell back to around $40 per barrel.

Article tagged as: alberta, alternative fuels, BP, canada, climate change, energy, fossil fuels, tar sands

BP is 'back to petroleum'

Posted by tracy - 5 February 2008 at 3:14pm - 10 Comments

tar sands in northern Alberta
Tar sands in northern Alberta

A few years ago, BP spent about US$200 million to rebrand the company as beyond petroleum - to convince us that the company was going green, investing in renewable energy, and cared about climate change.

Statements by former Group CEO Lord John Browne called for research into the effects of his industry on climate change, and effectively got the company blackballed by the American Petroleum Institute.

Article tagged as: alberta, BP, climate change, tar sands
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