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Canada Oil-Sands Producers To Share Environmental Technology

Dow Jones Newswires --
A dozen of the largest Canadian oil-sands producers agreed Thursday to share funding for environmental research, saying pooling their resources will speed the creation of new technologies to reduce the negative effects of oil-sands development.

The 12 companies involved in the new organization, called Canada's Oil Sands Innovation Alliance, have agreed to jointly fund environmental research and then share the intellectual property rights for environmental technologies.

"We will remain competitors and will continue to compete aggressively in the market with our products, but when it comes to the environment, we know we'll all win when we start working more closely together," Suncor Energy Inc.'s (SU) chief operating officer and incoming chief executive, Steve Williams, said before


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Submitted Mar 02, 2012 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Canada Oil-Sands Producers To Share Environmental Technology Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 4, 2012 8:01:34 AM

tar sands are still highly environmentally damaging in many ways.
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kjSC
Champion Author South Carolina

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Message Posted: Mar 3, 2012 9:40:22 PM

At least Canada knows what they're doing.
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SUPPER
Champion Author San Bernardino

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Message Posted: Mar 3, 2012 9:39:28 AM

Lesson Obama to canada
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gravityhurts
Champion Author North Carolina

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Message Posted: Mar 3, 2012 6:42:50 AM

Good for them.
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comprof
Champion Author Houston

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Message Posted: Mar 3, 2012 4:07:41 AM

Our government has gone nuts.
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tomok
Champion Author Portland

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Message Posted: Mar 3, 2012 3:45:45 AM

...share funding for environmental research, saying pooling their resources will speed the creation of new technologies to reduce the negative effects of oil-sands development.'

Share cheaper fuel prices at the pump and NO exporting of fuel to other countries.
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Krykson
All-Star Author Chicago

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Message Posted: Mar 3, 2012 2:12:48 AM

Interesting
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g747
Champion Author Mobile

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Message Posted: Mar 3, 2012 12:54:36 AM

That is a sincere gesture of faith in their technology & honesty to the people.
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kgbellman
Champion Author Ann Arbor

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Message Posted: Mar 3, 2012 12:52:31 AM

Let's see what happens
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divebomber
Champion Author Nebraska

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Message Posted: Mar 3, 2012 12:04:45 AM

WHATEVER!
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TekWare
Champion Author Toronto

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Message Posted: Mar 3, 2012 12:00:14 AM

Ok
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BlueVanGroup
Champion Author Fort Collins

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Message Posted: Mar 2, 2012 11:57:54 PM

Without the oil sands they wouldn't have money for that.
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JagXKR
Champion Author British Columbia

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Message Posted: Mar 2, 2012 11:56:52 PM

These companies are smart enough to get it done and make money at the same time. They're in it for the long haul.
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gd83goldwinger
Champion Author South Bend

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Message Posted: Mar 2, 2012 11:56:31 PM

Good.
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Mar 2, 2012 11:46:33 PM

Good for them.... BUT time will tell....
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pnivens
Veteran Author Georgia

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Message Posted: Mar 2, 2012 11:46:29 PM

Ok
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kgbellman
Champion Author Ann Arbor

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Message Posted: Mar 2, 2012 11:45:19 PM

Let's see what happens
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theschmuck
Champion Author Michigan

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Message Posted: Mar 2, 2012 11:40:40 PM

In time we'll see if it actually works out as they hope it will. We don't have any cooperation on our side as they have their heads up = u know what!!!!!
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mstearno
Champion Author Dayton

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Message Posted: Mar 2, 2012 11:39:55 PM

great lets roll
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cisson
All-Star Author Sarasota

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Message Posted: Mar 2, 2012 11:39:49 PM

ok
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bif65
Champion Author Virginia

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Message Posted: Mar 2, 2012 11:39:21 PM

ok
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crazycow2332
Champion Author Nashville

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Message Posted: Mar 2, 2012 11:36:48 PM

ok
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abcdMA
Champion Author Worcester

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Message Posted: Mar 2, 2012 11:35:50 PM

good news, I guess
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nztyraider
Champion Author Nevada

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Message Posted: Mar 2, 2012 11:29:24 PM

Why?
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jjjleblanc
Champion Author Rochester

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Message Posted: Mar 2, 2012 11:29:01 PM

Can only help,
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SIDEKICKFL
Sophomore Author Florida

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Message Posted: Mar 2, 2012 11:28:47 PM

Ok? So!
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pgerassi
Champion Author Milwaukee

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Message Posted: Mar 2, 2012 11:28:27 PM

OK.
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OGW
Champion Author London

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Message Posted: Mar 2, 2012 11:25:55 PM

This is nothing new as they have worked together for years now the only difference is that they have formalized it.
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jdc17327
Champion Author Pennsylvania

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Message Posted: Mar 2, 2012 11:25:40 PM

money money money!
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tidalwave3
Champion Author Tallahassee

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Message Posted: Mar 2, 2012 11:22:46 PM

A good sign of coperation
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boborobot
All-Star Author Michigan

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Message Posted: Mar 2, 2012 11:22:30 PM

It seems nothing can lower prices.
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Taurus1
Champion Author Ohio

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Message Posted: Mar 2, 2012 11:21:36 PM

Something to consider.
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pse91
All-Star Author Calgary

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Message Posted: Mar 2, 2012 11:21:22 PM

Good that they finally wised up. Only the future will tell how well they work together.
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B_550i
All-Star Author Seattle

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Message Posted: Mar 2, 2012 11:19:02 PM

K
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tippybuddy
Champion Author Ontario

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Message Posted: Mar 2, 2012 11:18:45 PM

I agree good for the Cdn's
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DEG
Champion Author Las Vegas

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Message Posted: Mar 2, 2012 11:15:44 PM

Good for the Canadians.
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575Racing
Sophomore Author Akron

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Message Posted: Mar 2, 2012 11:09:42 PM

hmmm
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lyons_coop
Veteran Author Kansas

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Message Posted: Mar 2, 2012 11:09:41 PM

Smart move, get in front of it now.
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Mar 2, 2012 11:06:00 PM

AND THE CANADIANS ARE NOT SO GREEDY THAT WE CAN GET OUR OIL FROM THEM AND EXPORT TO THEM TO BE OUR FRIENDS.
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LaVonneK
Champion Author Iowa

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Message Posted: Mar 2, 2012 11:05:26 PM

Good for them.
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pizzaman09
Champion Author Indiana

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Message Posted: Mar 2, 2012 11:04:03 PM

YES.
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PetroScopper
Champion Author Houston

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Message Posted: Mar 2, 2012 11:02:32 PM

That's great! Obviously, there are smart, less-greedy and more environment conscious oil executives in Canada. That has absolutely nothing to do with the United States. Oil companies in this country cares nothing about the environment or the people of the United States, the only thing that matters.is their bottom line.
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Lukus
Champion Author Halifax

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Message Posted: Mar 2, 2012 11:01:46 PM

About time.
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danreino
Champion Author Twin Cities

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Message Posted: Mar 2, 2012 10:59:23 PM

Good for Canada !!
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REKEY
Champion Author South Carolina

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Message Posted: Mar 2, 2012 10:59:01 PM

Pool to win, what a concept!
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mgune9
All-Star Author Dallas

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Message Posted: Mar 2, 2012 10:49:48 PM

what a "novel" idea -- where has all the reach across the aisles we were promised been -- we only hear they won't work with us -- how can "work with us" work if that means "my way or the highway?
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redrockon
Champion Author Ontario

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Message Posted: Mar 2, 2012 10:48:25 PM

obama, bye, more oil will flow from here soon, as far as prices, oh well at least we'll have a new pres
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RAKARWOWSKI
Champion Author Chicago

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Message Posted: Mar 2, 2012 10:47:39 PM

Anytime that two countries can work together to benefit each other is a good thing.
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Blue48
Champion Author Illinois

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Message Posted: Mar 2, 2012 10:46:58 PM

WE LOVE YOU..YOU CRAZY CANADIANS!
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shea33
Champion Author Pensacola

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Message Posted: Mar 2, 2012 10:45:51 PM

Working together, that's an idea. I'm sure I heard Obumma say that's he wants to do, but he fails at that also.
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