RECENT NEWS
Reuters  9 hrs ago  Comment 
Teck Resources Ltd is comfortable with Suncor Energy Inc's decision not to fast track development at the planned Fort Hills oil sands project, Chief Executive Don Lindsay said on Tuesday.
Energy and Capital  Nov 23  Comment 
U.S. federal stimulus money has been approved to help Montana Alberta Tie Ltd., a Canadian company, build a 214-mile power transmission line between the state and province in the firm's name.
The Globe and Mail  Nov 20  Comment 
Enbridge expects ‘solid shipping commitments' for Gateway
Reuters  Nov 16  Comment 
* Contract is for construction at Suncor's Firebag project
CANOE.ca  Nov 13  Comment 
CALGARY - UTS Energy Corp. (TSX:UTS) said Friday it lost $4.7 million in its latest quarter compared with a loss of $936,000 a year ago.
Reuters  Nov 13  Comment 
* To ramp up construction of 68,000 bpd Firebag stage 3
The Globe and Mail  Nov 13  Comment 
Canada.com  Nov 13  Comment 
Suncor Energy Inc.’s undeveloped Fort Hills oil sands mining project was excluded from its 2010 spending plans, but the majority of the cash earmarked for growth projects will still be focused on getting more bitumen out of the ground
Upstream Online  Nov 12  Comment 
Canadian oil sands player Connacher Oil and Gas reported third-quarter net earnings of C$47.77 million (US$45.3 million) or 11 Canadian cents per share, compared to C$12.14 million or 6 Canadian cents per share in the same quarter last year.
Upstream Online  Nov 10  Comment 
Crude production from oil sands in western Canada may more than double to 3.2 million barrels a day by 2020, depending on the pace of economic recovery, the Centre for Global Energy Studies said.
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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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