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Destination Europe

Read more...Canadian E&P companies active in Europe and the Middle East must deal with complex economic and social issues

A little over a year ago, most European and Middle Eastern countries looked pretty attractive to Canadian oil and gas firms casting their eye overseas. Both regions are now facing their own particular forms of economic and social turmoil, but with a few exceptions, Canadian companies are still there. Europe may in fact have more of a shine now and the Middle East more of a tarnish.

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Taking aim

Read more...Flush with cash from American sympathizers, Green Grinches are focusing on plugging oilsands pipelines and ending bitumen's growth

A couple of years ago, environmental activists—and more particularly those high-rhetoric mouthpieces of the movement we have labelled Green Grinches—attacked Canada's environmental record on the most visible front possible: northern Alberta's vast oilsands developments.

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Tracking the cash

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A Vancouver blogger has uncovered a U.S. money trail that leads straight to Canadian green groups, and unleashed a firestorm of debate as hearings open into a key oilsands pipeline

Blasting off to a fresh new start on the eve of the environmental review process for the Northern Gateway pipeline, Joe Oliver, Canada's minister for natural resources, began 2012 by issuing an unprecedented open letter to slam environmentalists for using foreign funding to undermine national economic interests.

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Supplier of the Year: Waste not, want not

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In rethinking industrial waste, Newalta Corp., Oilweek’s 2011 Supplier of the Year, helps create a more sustainable oilpatch.

From the early “bury and burn” days of industrial waste management, to today’s call for more efficient use of natural resources, Newalta Corp. has emerged as a powerhouse in oilpatch waste recycling, recovery of materials and waste handling. Last year, Newalta recovered 1.9 million barrels of crude oil and 22 million litres of base oil and lubricants, making it—if plotted among Oilweek’s annual roundup of Top 100 oil and gas producers—a good-sized oil and gas junior producing about 5,600 barrels a day. That volume comes without drilling a single well. And it’s net negative of greenhouse gas emissions. How many producers can say that?

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Breaking Free

Read more...The high cost of capital and expensive resource plays make it difficult for many juniors to swim ahead of the school

 The days of three guys joining forces, launching an exploreco with a market cap of about $30 million and drilling some wells may be coming to an end. Or at least their prospects for success today are slimmer than they were certainly a decade ago when accretive income trusts provided a ready exit strategy.

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