RECENT NEWS
Wall Street Journal  Feb 5  Comment 
Suncor Energy reported an 81% drop in fourth-quarter profits as a result of slumping global crude prices and lower output at its oil sands mining operations due to unplanned maintenance.
Yahoo  Feb 3  Comment 
“Until ongoing efforts to reduce greenhouse gas emissions associated with the production of oil sands are more successful and widespread,” developing oil sands crude “represents a significant increase in greenhouse gas emissions,” the EPA...
New York Times  Feb 2  Comment 
Suppliers of items like safety boots, cleaning services and housing have experienced uncertainty as excavation projects seek to cut operating costs.
Reuters  Feb 2  Comment 
Imperial Oil Ltd's Kearl oil sands project expansion will start ahead of schedule, the company said on Monday, in the latest sign that weak crude prices are failing to dent oil sands growth.
Wall Street Journal  Jan 30  Comment 
Canadian Oil Sands Ltd. said it would further slash its dividend and capital spending budget in response to the sharp drop in oil prices and a rising debt load.
Wall Street Journal  Jan 29  Comment 
Canadian Oil Sands Ltd. said it would further slash its dividend and capital spending budget in response to the sharp drop in oil prices and a rising debt load.
Canada.com  Jan 28  Comment 
With Canadian Oil Sands Ltd. shares down 60% in the past three months, the market is sending a clear message that its dividend is again on the chopping block




RELATED WIKI ARTICLES

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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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