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IEEFA Research

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)

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More News and Commentary

Shell Divesting From $1 Billion in Canadian Oil-Sand Assets

Chester Dawson for the Wall Street Journal: Royal Dutch Shell PLC said it had reached a deal to sell $1 billion of shale-oil and gas assets in Western Canada as part of a global divestment program to raise cash and streamline its business operations. Those assets currently produce dry gas and natural-gas liquids equivalent to […]

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Shell, Citing Costs, Drops Oil-Sands Work In Alberta

Chester Dawson for the Wall Street Journal: Royal Dutch Shell PLC said Tuesday it would abandon the construction of a major oil-sands project in Western Canada and take a $2 billion write-down, a stark reflection of the challenging economics for unconventional oil projects amid a sharp slump in crude prices. The energy giant said it […]

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Canada’s Tar-Sand Region in Economic Straits

Alberta’s tar-sands economy is faltering as global oil prices stay low, keeping local producers and associated businesses in money-losing or break-even mode, according to an article this morning in the New York Times. Under the headline “Lower Oil Prices Strike at Heart of Canada’s Oil Sands Production,” Ian Austen writes that “oil sands operators are […]

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Shifting Energy Markets Drive Shell to Cut Jobs on Tar Sands

Shell’s announcement on Friday that it will eliminate up to 10 percent of its workforce on its Canadian tar-sands projects has drawn broad attention for the implications it raises. Among news organizations headlining the story: The Globe and Mail of Toronto, which says it is driving speculation “that more large-scale layoffs are in store as […]

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Our Tar-Sands Outlook, Part 2: Weak Fundamentals



By DEBORAH ROGERS  The tar-sands industry faces numerous vulnerabilities, none of which appears insurmountable on its own. Taken as a whole, however, these vulnerabilities create a daunting constellation of risks, as we explained last week in a report we published. That report, which we published with Oil Change International, examined the top 10 large tar-sands […]

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Our Tar-Sands Outlook, Part 1: Costly Opposition, in Perpetuity

By TOM SANZILLO The bottom line on the financial analysis we published last week around Canadian tar-sands development is that public opposition has cost and will continue to cost the industry billions of dollars in lost revenues. These are not untold billions. Our analysis shows that half of these lost revenues from 2010-2030 — $17 […]

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Tar Sands Report: $31 Billion Lost Revenue to Date; Expansion Unlikely to Proceed as Protests Mount

IEEFA IS OUT THIS MORNING WITH A REPORT ON THE GROWING “Constellation of Risks” facing the oil-production development of tar sands. The full report is posted just below this item. Here’s the text of the press release: Report: Tar Sands Producers Face a Growing ‘Constellation of Risks’ as Public Opposition Hits Industry’s Bottom Line

$31 Billion […]

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Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)

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‘A Constellation of Risks’ on Tar Sands; Press Notes on IEEFA’s Galilee Coal Report; More on Prairie State-Paducah

IEEFA HOLDS A PRESS CONFERENCE TOMORROW in conjunction with its release of a report describing how Canadian tar sand oil production is threatened by a “growing constellation of risks.” The report, done in partnership with Oil Change International, is titled “Material Risks: How Public Accountability Is Slowing Tar Sands Development,” and comes out at 11 […]

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