RECENT NEWS
Reuters  Jan 20  Comment 
Canada's oil sands companies are perilously close to operating at a loss after six months of plunging crude prices, yet many say they have no plans to cut production at their vast projects in northern Alberta.
Reuters  Jan 12  Comment 
Canadian Natural Resources Ltd, the country's largest independent oil producer, said on Monday it would defer the first phase of its 40,000-barrel-per-day Kirby North thermal project in northern Alberta until crude prices stabilize.
Forbes  Jan 11  Comment 
Whether you're in favour of the tar sands being exploited for the crude oil in them or against the very idea, the recent halving in the price of oil makes the Keystone XL pipeline more important, not less. The basic economic concept here is that...
Yahoo  Jan 9  Comment 
Royal Dutch Shell will cut from 5 to 10 percent of the about 3,000 jobs at its Albian Sands mining project in northern Alberta, a company spokesman said on Friday, but refrained from connecting the move ...
NPR  Jan 8  Comment 
Many groups that oppose the Keystone XL pipeline also want, more broadly, to stop pollution-heavy extraction of crude from Canada's oil sands. They point to canceled or delayed projects as success.




RELATED WIKI ARTICLES

Related Articles

 

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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