Tar sands projects 'frozen' after oil price drops

Will Nichols
clock

Analysis from Oil Change International says 30 projects that would have produced 1.6 million barrels of oil a day are on hold

Almost 40 oil sands projects in Canada have been delayed or put on hold, as falling oil prices and protests against one of the world's dirtiest fossil fuels take their toll. A new report from Oil Change...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'Unwelcome news': Energy price cap to tick up by two per cent from October

'Unwelcome news': Energy price cap to tick up by two per cent from October

Latest increase in domestic energy prices sparks fresh calls for increased support for energy efficiency measures

James Murray
clock 27 August 2025 • 7 min read
Study: Low public awareness risks scuppering UK flexible energy tariff uptake

Study: Low public awareness risks scuppering UK flexible energy tariff uptake

UK households risk missing out on hundreds of pounds of annual energy bill savings due to low awareness of flexible energy tariffs, research warns

Michael Holder
clock 26 August 2025 • 4 min read
How the UK's renewables surge has enjoyed a summer of steady acceleration

How the UK's renewables surge has enjoyed a summer of steady acceleration

Microgeneration records are being toppled and now larger projects are enjoying a wave of planning approvals - are the UK's ambitious clean power plans starting to be realised?

James Murray
clock 21 August 2025 • 8 min read