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Latest Athabasca Oil Sands Stories

2012-07-16 10:22:24

TULSA, Okla., July 16, 2012 /PRNewswire/ -- Oil Sands and Heavy Oil Technologies Conference returning to Calgary next week for the sixth straight year, July 24-26, is seeing strong support from operating companies. Suncor Energy and ConocoPhillips have both signed up for the event's Operator Partner Program allowing them to send unlimited employees to attend for one set fee. (Logo: http://photos.prnewswire.com/prnh/20110627/DA26630LOGO) The conference program has a number of operator...

2012-07-04 18:20:18

ALBERTA, Canada, July 4, 2012 /PRNewswire-Asia/ -- Sunshine Oilsands Ltd. ("Sunshine" or the "Company") (Stock code: 2012) today announced results of its mid-year reserves and resource evaluations, effective as of May 31, 2012. Sunshine's Proved and Probable Reserves plus Contingent Best Estimate Resources have been independently evaluated and have increased substantially above our previous evaluation results which were effective as of November 30, 2011. Estimate of Resources Sunshine's...

2012-06-27 10:20:35

CALGARY, June 27, 2012 /PRNewswire/ - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX: STP) announced today completion of a long-term arrangement to transport its bitumen to the U.S. Gulf Coast via the rail network of CN (TSX: CNR) (NYSE: CNI). Under this arrangement, Southern Pacific expects to significantly increase its plant gate bitumen netback using rail transportation that reduces diluent costs, and offers access to Brent-based pricing as opposed to...

2012-06-20 06:21:32

CLEVELAND, June 20, 2012 /PRNewswire/ -- NineSigma, Inc., the leading innovation partner to organizations worldwide, today announced it has helped the Oil Sands Leadership Initiative (OSLI) to identify four promising mammal counting technologies. OSLI is looking for improved methods of counting and identifying mammals in the Boreal Forest in Alberta, Canada, where oil sands operations are concentrated. OSLI is a collaborative network of companies that includes ConocoPhillips Canada, Nexen...

2012-06-05 06:22:27

CALGARY, June 5, 2012 /CNW/ - Canadian crude oil production will more than double to 6.2 million barrels per day by 2030 from three million barrels per day in 2011, according to CAPP's 2012 Crude Oil Forecast, Markets and Pipelines Outlook. "Resurging growth in Western Canadian conventional oil production and new oil sands investments are driving the positive outlook," said Greg Stringham, vice-president, markets and oil sands. "Canadian oil is clearly on the global stage and this...

2012-05-30 14:20:48

TORONTO, May 30, 2012 /PRNewswire-USNewswire/ -- Villagers from Ecuador's rainforest today filed a lawsuit in Canada as the first step in forcing the company to comply with an $18 billion court judgment rendered in Ecuador and imposed to permit the clean-up of what experts believe is the largest oil disaster on the planet. The lawsuit, filed in the Superior Court of Justice in Ontario, (see here) targets Chevron and various subsidiaries that together hold significant assets in the...

2012-05-03 10:22:22

Existing operations demonstrate continued improved performance; acquisition of Provident Energy Ltd. complete All financial figures are in Canadian dollars unless noted otherwise. This report contains forward-looking statements and information that are based on Pembina Pipeline Corporation's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. Actual results may differ materially from those expressed or...

2012-04-10 06:23:28

CALGARY, April 10, 2012 /PRNewswire/ - Shell Canada today announced it purchased a 1,820 acre (740 ha) tract of land in northern Alberta to conserve boreal forest habitat near its oil sands operations. The conserved area, now called the Shell True North Forest, was privately owned land previously used for cattle grazing and hay production.  Its purchase on behalf of Shell's oil sands business will conserve an area almost twice the size of Stanley Park in British Columbia....

2012-03-30 06:21:13

CALGARY, March 30, 2012 /PRNewswire/ - Alberta's oil sands, which employed just over 20,000 workers in 2011, is projected to grow its workforce by a staggering 73 per cent by 2021, according to a new report released today by the Petroleum Human Resources Council of Canada (Petroleum HR Council). The report, Oil Sands Labour Market Outlook to 2021, states that some oil sands operations and occupations are forecasted to add over 100 per cent of their current workforce by 2021. The...

2012-03-12 07:30:00

CALGARY, March 12, 2012 /PRNewswire/ - (TSX: PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to: -- report fourth quarter and year end 2011 financial and operating results; -- report significant progress with its planned asset disposition program for the purpose of repaying the outstanding $75 million 6.5% convertible debentures (TSX: PMT.DB.C) due June 30, 2012; -- announce continued success with...