ENERGY MARKETS
Crude Oil Prices
Natural Gas Prices
Real-Time Charts
Upgrades & Downgrades
Data Downloads


NEWSLETTER SIGN-UP
Sign-up for the latest oil sands news, site updates, energy statistics and what's moving energy markets, delivered to your inbox every week-end:

WE RESPECT YOUR PRIVACY
You can opt out anytime by clicking "UNSUBSCRIBE" at the bottom of the newsletter.
Teck signs another First Nations participation agreement for Frontier Project

Teck signs another First Nations participation agreement for Frontier Project

Mining giant Teck Resources has signed another participation agreement with the Fort McKay Métis for the Frontier oil sands project, located on land belonging to the First Nations community.

The agreement established a framework for environmental stewardship, contracting opportunities as well as training and employment for members of the Fort McKay Métis community.

Teck signed a similar agreement with the Fort Chipewyan Métis back in December. President Fred Fraser called Teck a model for all oil sands operators, establishing a "real relationship" with the aboriginal communities long before they started their regulatory application process.

Frontier is a proposed oil sands mining operation currently under review by the Alberta Energy Regulator (AER). The mine is located  located about 110 kilometres north of Fort McMurray, in the Athabasca oil sands basin. 

Teck has not provided a timeframe for project construction or when a Final Investment Decision can be expected.

 

FRONTIER PROJECT LOCATION MAP (COURTESY TECK RESOURCES)

 
Horizon's upgrader expansion going better than planned

Horizon's upgrader expansion going better than planned

Syncrude vs Kearl: A hit-and-miss quarter for Imperial Oil

Syncrude vs Kearl: A hit-and-miss quarter for Imperial Oil

0