• 11 hours PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 13 hours Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 15 hours Syrian Rebels Relinquish Control Of Major Gas Field
  • 16 hours Schlumberger Warns Of Moderating Investment In North America
  • 17 hours Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 18 hours Energy Regulators Look To Guard Grid From Cyberattacks
  • 20 hours Mexico Says OPEC Has Not Approached It For Deal Extension
  • 21 hours New Video Game Targets Oil Infrastructure
  • 23 hours Shell Restarts Bonny Light Exports
  • 24 hours Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 1 day Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 1 day British Utility Companies Brace For Major Reforms
  • 2 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 2 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 2 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 2 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 2 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 2 days Rosneft Signs $400M Deal With Kurdistan
  • 2 days Kinder Morgan Warns About Trans Mountain Delays
  • 2 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 2 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 3 days Russia, Saudis Team Up To Boost Fracking Tech
  • 3 days Conflicting News Spurs Doubt On Aramco IPO
  • 3 days Exxon Starts Production At New Refinery In Texas
  • 3 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 4 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 4 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 4 days China To Take 5% Of Rosneft’s Output In New Deal
  • 4 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 4 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 4 days VW Fails To Secure Critical Commodity For EVs
  • 4 days Enbridge Pipeline Expansion Finally Approved
  • 4 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 4 days OPEC Oil Deal Compliance Falls To 86%
  • 5 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 5 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 5 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 5 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 5 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 5 days Aramco Says No Plans To Shelve IPO
The U.S. Shale Play To Watch In 2018

The U.S. Shale Play To Watch In 2018

The original U.S. shale gas…

The End Of The Oil Majors?

The End Of The Oil Majors?

There appears to be a…

MINING.com

MINING.com

MINING.com is a web-based global mining publication focusing on news and commentary about mining and mineral exploration. The site is a one-stop-shop for mining industry…

More Info

Oil Sands Not A Dirty Fuel Says EU

Oil Sands Not A Dirty Fuel Says EU

Oil Sands In Fort McMurray, Alberta

Oil sands in Fort McMurray, Alberta.

The European Union voted by an extremely narrow majority Wednesday against a proposed fuel quality directive that would have stigmatized as "dirty" all imports coming from Canadian oil producers, something which Ottawa has been fighting for over two years.

The rule, passed by a difference of just 12 votes, will now go to a ratification vote early in 2015.

"Our government will continue advocating for Canadian interests and Canadian jobs," Natural Resources Minister Greg Rickford told CP after the vote.

"We are encouraged the European Parliament relied on science and the facts in making this decision."

Related: When Needs Must: EC Greenlights Canadian Oil Sands Imports

Geoff Regan, MP for Halifax West and Liberal Critic for Natural Resources, was not nearly as positive about the news. "The fact today’s vote even happened is the direct result of this Prime Minister’s failure to champion strong environmental policies that will ensure we get our resources to European and international markets," he told MINING.com.

The vote of the full plenary was prompted earlier this month when the European Parliament's environment committee utterly rejected a deal allowing oil producers to report an average carbon rating of their oil stock, instead of singling out oil sands content.

Canada and representatives of the oil industry have said unconventional oil has a valuable role in diversifying EU supplies and that Canada’s huge deposits of oil sands, being developed by oil majors such as Exxon Mobil Corp., BP PLC and Royal Dutch Shell PLC, were being unfairly singled out by the original EU plan.

Today’s decision opens up the European market to Canadian oil sands producers.

By Cecilia Jamasmie

Source - http://www.mining.com/  

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • Martin H. Katchen on December 19 2014 said:
    Consider the main alternative. News reporters briefly showed a light on the untreated waste that pollutes the coral reefs of the Persian Gulf, contaminating a valuable reef ecosystem from Persian Gulf oil production, especially Saudi Arabia on the eve of the US "liberation" of Kuwait in the Gulf War. Whose oil is cleaner? Canadian oil sands that do get treated (and yes, oil lands are reclaimed to be grazing land if not restored to muskeg, of which Canada has an aboundance or Persian Gulf oil manufactured in places where environemtalists can lose their heads? Or at least be swiftly kicked out of these countries before they can take any pictures. To say nothing of the oppressive social systems that dependence on the Mideast for oil continues to enable and enrich. We need to take into account how much blood is in that oil too. There is such a thing as moral pollution. And we wonder why Western businesses prefer to do business with dictators than with democracies.
  • David Hrivnak on December 19 2014 said:
    How could it not be dirty if one is digging up 4000 lbs of tar sands to then treat with 120 gal of hot water to then get 1 barrel of oil and now have 3900 lbs of contaminated sand and 120 gal of water one cannot drink.

    There has got to be a better way.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News