Economics

Athabasca Oil Sands, Greystar, Nexen: Canadian Equity Preview
May 31, 2010, 8:27 AM EDT

By Matt Walcoff

May 31 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading. Stock symbols are in parentheses.

Athabasca Oil Sands Corp. (ATH CT): PetroChina Co.’s partner in Canadian oil sands development received an “outperform” rating in new coverage from Justin Bouchard of Raymond James Financial Inc. The company “represents one of the most attractive acquisition candidates in the oil sands space,” the analyst wrote in a report.

New pipeline won't sate Asian oil demand -Enbridge
Mon May 31, 2010 5:08pm EDT

CALGARY Alberta, May 31 (Reuters) - The planned C$5.5 billion ($5.3 billion) Northern Gateway pipeline will not be big enough to satisfy demand for Canadian oil sands crude from Pacific Rim nations, Enbridge Inc (ENB.TO), the line's backer, said in regulatory filings.

“Joint” agreements: The Canadian Boreal Forest Agreement.. just plain bizarre

May 31st, 2010 by salmon guy

I’ve been reading through the leaked version of the recently announced Canadian Boreal Forest Agreement – the touted historic agreement signifying a new era of Joint Leadership in the Boreal Forest.

First Nations and Tar Sands Industry Clash in the Courts and the Hague

Reactions to Canadian Boreal Forest Agreement
Officials, First Nations, activists offer praise, criticism
May 26, 2010

The announcement of the Canadian Boreal Forest Agreement has sparked a mix of sweeping pronouncements and passionate reactions. Below, we have compiled a small sampling.

Readers are invited to post additions in the comments sections at the bottom of the page.

"The Ontario government is encouraged to see environmental groups and forest companies working together to help develop a plan that would lead to both a healthy and a prosperous Canadian forest."

The Canadian Boreal Forest Agreement Reconsidered
ENGOs sign over right to criticize, companies continue to log caribou habitat

by Dawn Paley
May 26, 2010

The Dominion - http://www.dominionpaper.ca

VANCOUVER—Last week’s announcement of the Canadian Boreal Forest Agreement (CBFA) was celebrated by environmental groups as a historic deal that could save a significant amount of sensitive woodland caribou habitat.

Chinese firm buys $435-million stake in Penn West to form oilsands joint-venture
Thu May 13 2010
Lauren Krugel
The Canadian Press

CALGARY — China is making yet another push into Alberta’s oilsands, taking on a five per cent stake in Penn West Energy Trust and inking a joint-venture to develop some of the Canadian oil heavyweight’s land.

Kinder slows Canadian plans
Calgary Herald
May 26, 2010

Pipelines - Kinder Morgan Energy Partners has slowed multibillion-dollar plans to add oil pipeline capacity to Canada's West Coast due to a lack of demand, but still believes its proposal is the oilsands industry's best option, its president said Tuesday.

Kinder Morgan and Enbridge Inc. have both floated projects to move crude from Alberta's oilsands to the Pacific Coast, where it could be shipped by tanker to Asia.

PIPELINE
Potential piping project opens debate

Jennifer Johnson
Orange County Editor

A proposed pipeline funneling what skeptics call "dirty oil" into Southeast Texas from the tar sand mines of Canada has drawn criticism from some Beaumont/Port Arthur residents, the local branch of the Sierra Club and the Texas office of Public Citizen, but officials working with the unconventional crude say the majority of what is being said is hyperbole at best.

ENGOs Do Not Speak for CSTC
May 20, 2010 07:01 ET

Attention: Assignment Editor, Business/Financial Editor, Environment Editor, News Editor, Government/Political Affairs Editor