Baytex acquires $120M oil sands leases for SAGD development
Anticipates produces 5,000 bbl/d with initial production in 2014.
Clark, Redford won’t budge on West Coast pipeline talks
BC and Alberta premiers resume pipeline talks, but claim to have very little progress.
Indian companies bidding for ConocoPhillips oil sands stake
Report says joint bid is for a 50% to secure overseas energy.
Alberta’s energy watchdog approves Enbridge pipeline project
The 385-kilometre Woodland pipeline extension project would start delivering crude by 2014
‘Ship probably has sailed’ on refineries for pipeline fuel
Analysts say the economics aren’t there.
BC media mogul enters the Northern Gateway fray
David Black hopes to build a $13 billion refinery to export processed fuels rather than raw oilsands bitumen to Asia.
Tiny Canadian firm set to mine Utah’s oil sands
US Oil Sands Inc. says a citrus-based solvent will leave the oil-soaked sands as clean as beach sand.
$150M expansion planned for STP-McKay Thermal Project
Southern Pacific Resource Corp. is expanding its steam-assisted gravity drainage (SAGD) project in Alberta’s Athabasca oil sands region.
Cenovus Q3 profit soars to $510M
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.
New upgrading a decade away: Syncrude
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 says Long Lake increases production
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.
Oil sands: not so dirty
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.
$6.86M to field-test electro-thermal oil sands tech
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.
THAI heavy oil tech reaches significant milestone
A global energy consulting firm has recognized the effectiveness of Petrobank Energy and Resources’ THAI heavy oil extraction technology its Kerrobert project.
Horizon looks at shorter restart after upgrader fire
Canadian Natural Resources says production may be restored to half capacity sooner than expected.at its Horizon upgrader site after a fire Jan. 6.