Report says joint bid is for a 50% to secure overseas energy.
The 385-kilometre Woodland pipeline extension project would start delivering crude by 2014
Analysts say the economics aren’t there.
David Black hopes to build a $13 billion refinery to export processed fuels rather than raw oilsands bitumen to Asia.
US Oil Sands Inc. says a citrus-based solvent will leave the oil-soaked sands as clean as beach sand.
Southern Pacific Resource Corp. is expanding its steam-assisted gravity drainage (SAGD) project in Alberta’s Athabasca oil sands region.
Oil sands operator and refiner Cenovus Energy reports net profits more than doubled to $510 million as output rose and the company booked a big hedging gain.
The two biggest partners in the gargantuan Syncrude Canada Ltd. oil sands project say it will be several years before it makes sense to invest billions in new upgraders, which process raw bitumen into higher quality oil that refineries can use.
Opti Canada Inc. says bitumen production at the Long Lake oil sands joint venture with Nexen Inc. increased to 27,900 barrels per day in the second quarter but the operation will fall short of its 2011 output target.
You’d think by the amount of global bad press and delusional opposition directed at Alberta and its oil sands that the development of these massive energy reserves is primarily responsible for the rising temperatures plaguing our poor planet.
E-T Energy is getting $6.86 million in funding and will be working with Total E&P Canada Ltd. to field-test a less environmentally intrusive method of extracting hard to access bitumen from the Athabasca oil sands.
A global energy consulting firm has recognized the effectiveness of Petrobank Energy and Resources’ THAI heavy oil extraction technology its Kerrobert project.
Canadian Natural Resources says production may be restored to half capacity sooner than expected.at its Horizon upgrader site after a fire Jan. 6.
Connacher’s Algar facility, its second 10,000 bbl/d steam-assisted gravity drainage plant. Photo: Connacher Oil and Gas CALGARY: Connacher Oil and Gas Ltd.’s Algar steam-assisted gravity drainage (SAGD) plant has sent its first load of diluted bitumen (dilbit) to market. A…
Suncor’s oil sands coker tower (top) heat the bitumen and removes the petroleum coke. Photo: Suncor Energy Anyone who has perched on the tailgate of a pick-up truck late at night along the highway between Fort McMurray and Edmonton to…