RECENT NEWS
The Globe and Mail  4 hrs ago  Comment 
Company’s plan to raise capital by selling holdings around the world has been met, thereby allowing it to keep the Canadian properties
Reuters  May 20  Comment 
Petroleum coke piled up along the banks of the Detroit River has sparked a storm of protest from local residents and environmental campaigners, who claim they are just one more problem associated with the bituminous tar sands being mined in...
New York Times  May 18  Comment 
Refining Canada’s petroleum-soaked oil sands produces petroleum coke, and the question of what to do with it has found at least one answer in Detroit, where a large coke pile covers an entire city block.     
Biomass Magazine  May 17  Comment 
The Government of Canada has announced that an innovative new technology will reduce industrial GHG emissions. The three-year project will use algae to recycle industrial carbon dioxide emissions from an oil sands facility into commercial products.
Sydney Morning Herald  May 16  Comment 
Exploiting oil and gas trapped in tar sands and shale threatens to make climate change 'unsolvable' said James Hansen, the former NASA scientist who raised concerns about global warming in the 1980s.     
guardian.co.uk  May 16  Comment 
Stephen Harper's administration has increased spend from $9m to $16.5m in the last year The Canadian government has nearly doubled its advertising spending to promote the Alberta tar sands in an aggressive new lobbying push ahead of Thursday's...
OilVoice  May 16  Comment 
US Oil Sands Inc. TSXV USO a company focused on oil sands exploration and production in Utah announced that it has filed its unaudited interim financial statements for the three month period ende
guardian.co.uk  May 15  Comment 
Leaked papers show UK rejects proposal to classify oil from tar sands as highly polluting, a label that would deter EU countries from importing it Britain has given its clearest signal yet that it wants to allow European countries to import...
The Globe and Mail  May 15  Comment 
Stalled projects could slow oil sands development and supply will outstrip demand, agency warns
OilVoice  May 14  Comment 
Madagascar Oil LONMOIL announced this morning that construction work on the Tsimiroro Steam Flood Pilot is reaching completion and steam injection into the first wells has commenced. In 2012 the c




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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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