Category Archives: Industry news

Fraser Institute News Release: Lack of pipelines will cost Canada $15.8 billion this year

A shortage of pipeline capacity is driving down the price of Canadian oil and will cost the country’s energy sector CAD$15.8 billion in lost revenues this year, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Without adequate pipelines to tidewater ports,…

COSIA marks fifth consecutive year of progress in oil sands innovation

At its 2017 annual Performance Update, Canada’s Oil Sands Innovation Alliance (COSIA) showcased advances towards its goal of accelerating the pace of environmental performance in Canada’s oil sands. To date, members of Canada’s Oil Sands Innovation Alliance (COSIA) have voluntarily shared 981 distinct environmental technologies costing $1.4 billion. Since its…

Petroteq Energy Receives Notices on New Patents in the US and Canada Covering Oil Extraction Technology

Petroteq Energy Inc. is a company focused on the development of and implementation of proprietary technologies for the energy industry. Petroteq’s portfolio includes technology for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company has announced today that it has…