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Latest Athabasca Oil Sands Stories

2012-02-23 10:09:54

It takes a lot of energy to extract heavy, viscous and valuable bitumen from Canada's oil sands and refine it into crude oil. Companies mine some of the sands with multi-story excavators, separate out the bitumen, and process it further to ease the flow of the crude oil down pipelines. About 1.8 million barrels of oil per day in 2010 were produced from the bitumen of the Canadian oil sands — and the production of those fossil fuels requires the burning of fossil fuels. In the first...

2012-02-03 07:00:00

CUSIP# 678046 10 3 NYSE Amex: BQI CALGARY, Feb. 3, 2012 /PRNewswire/ - Oilsands Quest Inc. (NYSE Amex: BQI) ("Oilsands Quest," or "the Company") has secured a commitment for debtor-in-possession ("DIP") financing of CDN$3.75 million (the "DIP Facility"), for the purposes of funding operating costs and other expenses while the Company proceeds with its previously-announced solicitation process while under creditor protection. The DIP Facility is being provided by Century Services...

2012-01-18 08:30:00

CHICAGO, Jan. 18, 2012 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include ConocoPhillips (NYSE: COP), Total SA (NYSE: TOT), Sinopec (NYSE: SNP), Starbucks Corporation (Nasdaq: SBUX) and Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR). (Logo:...

2011-11-21 07:30:00

SALT LAKE CITY, Nov. 21, 2011 /PRNewswire/ -- Millstream Ventures, Inc. (OTC: MVNTD.OB) (the "Company") announced today that it has changed its name to American Sands Energy Corporation ("American Sands") to better reflect its corporate strategy to acquire oil sands properties in the Western United States and develop commercial operations to mine oil sands and separate the oil products from the sand. Previously, the Company acquired GreenRiver Resources Corp., a privately-held company...

2011-10-30 01:01:00

TORONTO, Oct. 30, 2011 /PRNewswire/ - Today Shell Canada Limited and Canadian Geographic announce the Khiroya family of Calgary, Alberta, won the Smarter Driver Challenge held in Toronto, the second of two "mini-challenges" held as part of the three-month Energy Diet Challenge. The overall competition is designed to engage Canadians to use energy and water more efficiently in their homes and to make smarter mobility and transportation choices. "I reduced the amount of fuel I used by...

2011-10-11 06:45:00

PASADENA, Calif., Oct. 11, 2011 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received new contracts in the fourth quarter of fiscal 2011 from seven clients in the Alberta Oil Sands to support steam assisted gravity drainage (SAGD) and bitumen upgrading expansion projects. Officials estimate the combined total construction value of the awarded projects at more than $1.4 billion. Project scopes include engineering procurement and construction (EPC),...

2011-09-26 08:15:00

HENDERSON, NV, Sept. 26, 2011 /PRNewswire/ - Stellar Resources Ltd., (OTCQB: SRRL), (the "Company") is pleased to announce that it has entered into a binding agreement, subject to due diligence, to acquire 100% of American Microbial Labs. American Microbial has 33 species of specialized microbes. These microbes have an affinity for hydrocarbons such as crude oil, diesel fuel and kerosene. They are particularly effective at consuming hydrocarbons in both waters and soils. ...

2011-09-20 09:45:00

COLUMBUS, Ohio, Sept. 20, 2011 /PRNewswire-USNewswire/ -- Ohio's oil and gas industry association partnership comprised of the Ohio Petroleum Council (OPC), a division of the American Petroleum Institute (API), the Ohio Oil & Gas Association (OOGA), the Ohio Oil & Gas Energy Education Program (OOGEEP), and Energy-in-Depth Ohio (EID OHIO), a program of the Independent Petroleum Association of America and OOGA, along with JobsOhio today held a press conference on the promising...

2011-09-09 17:00:00

OTCBB: SRRL HENDERSON, NV, Sept. 9, 2011 /PRNewswire/ - Stellar Resources Ltd. (OTC-QB:SRRL) "Stellar" is pleased to provide an update on its business strategy as approved by its board of directors.  Stellar is committed to developing and acquiring oil and gas technologies that have high impact on the profitability of oil and gas projects.  Stellar's strategy is to apply these high profit impact technologies to its own oil and gas exploration and production projects....

2011-07-06 05:00:00

NYSE Amex: BQI CALGARY, July 6, 2011 /PRNewswire/ - Oilsands Quest Inc. (NYSE Amex:BQI) ("Oilsands Quest", "OQI" or "the Company") announces that its Form 10-K Annual Report for the year ended April 30, 2011, (the "2011 10-K") was filed with the United States Securities and Exchange Commission on July 6, 2011, and is available online at www.sec.gov and www.sedar.com. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion...