RECENT NEWS
OilVoice  Feb 5  Comment 
US Oil Sands Inc. TSX VENTUREUSO a company focused on oil sands exploration and production in Utah announces that it has completed a detailed review of its PR Spring Phase 1 Project in light of c
Benzinga  Jan 28  Comment 
Civeo Corporation (NYSE: CVEO) today announced that it has won contracts for Canadian oil sands customers totaling approximately C$41 million. The new contracts include: A two-year accommodations contract to support the facility turnarounds of...
Clusterstock  Jan 18  Comment 
By Amrutha Gayathri (Reuters) - Canada's largest oil producer Suncor Energy Inc said on Monday it had reached an agreement to buy Canadian Oil Sands Ltd after raising its all-stock offer, marking the end of a months-long battle to clinch a...
Reuters  Jan 16  Comment 
One person was killed and a second was injured in an explosion at Nexen Energy's Long Lake oil sands facility south of Fort McMurray, Alberta, on Friday, the company said.
newratings.com  Jan 11  Comment 
OTTAWA (dpa-AFX) - Canadian Oil Sands Limited (COS.TO, COSWF.PK) acknowledged the overwhelming rejection of Suncor Energy Inc.'s (SU.TO, SU) substantially undervalued and opportunistic hostile bid. Canadian Oil Sands believes Suncor has an...




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Tar sands, or oil sands, are exactly what they sound like - sand saturated with oil.

Canadian tar sands production is estimated to increase from 1.32 mb/d to 3.23 mb/d. Tar sands have a tremendous global warming footprint, however, and environmentalists are pushing legislation through Congress to limit the amount of oil sands products that government agencies can purchase.[1]


References

  1. SeekingAlpha: "Oil Sands: Will the 'Greens' Cause Us to Miss Out?"
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