Latest Athabasca Oil Sands Stories
WASHINGTON, Nov. 3 /PRNewswire-USNewswire/ -- Two new oil pipelines are being built which will increase Canada's total exports to the United States to 4.2 million barrels of oil per day. This is three times the amount of oil that Saudi Arabia currently exports to America. President Obama has extended an invitation to meet Native Americans in a "Nation to Nation" summit on Thursday November 5th. While an amicable approach is taken stateside, the animosity between indigenous people and...
HOUSTON, Nov. 3 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today reported third quarter 2009 net income of $413 million, or $0.58 per diluted share. Net income in the third quarter 2008 was $2.064 billion, or $2.90 per diluted share. For the third quarter 2009, adjusted net income was $436 million, or $0.61 per diluted share, compared to adjusted net income of $1.963 billion, or $2.76 per diluted share, for the third quarter of 2008....
Mr. Dyck to head development of Ivanhoe Energy's Canadian operations, including the Tamarack HTL oil sands project CALGARY, Oct. 21 /PRNewswire-FirstCall/ - Robert Friedland, Executive Co-Chairman, President and CEO of Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN), today announced the appointment of North American petroleum industry executive David Dyck as President and CEO of Ivanhoe Energy Canada Inc., Ivanhoe Energy's subsidiary for operations in Canada. Mr. Dyck, who has taken...
HOUSTON, Oct. 7 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today is providing information on market factors and operating conditions that occurred during the third quarter of 2009 that could impact the Company's quarterly financial results. The market indicators and Company estimates noted below and in the attached schedule may differ significantly from actual results. The Company will report third quarter results on Nov. 3, 2009, and will conduct a conference call and...
HOUSTON, Oct. 1 /PRNewswire/ -- PLS, Inc. ("PLS") in conjunction with its international partner Derrick Petroleum Services ("Derrick") reports that Global M&A activity for the 3rd Quarter 2009 totaled nearly $21 billion in 112 separate transactions. According to Brian Lidsky, Managing Director of Research at PLS, Inc., "Oil and gas deal volume increased markedly beginning in late August 2009 due to a confluence of events. These include: 1) a growing consensus that the economy bottomed...
CALGARY, Aug. 31 /PRNewswire/ - Athabasca Oil Sands Corp. (AOSC) is pleased to announce that, subject to certain customary approvals, it has entered into a series of agreements with PetroChina International Investment Company Limited (PetroChina International), a wholly-owned subsidiary of PetroChina Company Limited (PetroChina), pursuant to which PetroChina will acquire a 60 per cent working interest in AOSC's MacKay River and Dover oil sands projects for a consideration of Cdn $1.9...
HOUSTON, Aug. 3 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today reported second quarter 2009 net income of $413 million, or $0.58 per diluted share. Net income in the second quarter 2008 was $774 million, or $1.08 per diluted share. For the second quarter 2009, adjusted net income was $251 million, or $0.35 per diluted share, compared to adjusted net income of $858 million, or $1.20 per diluted share, for the second quarter of 2008....
HOUSTON, July 14 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today is providing information on market factors and operating conditions that occurred during the second quarter of 2009 that could impact the Company's quarterly financial results. The market indicators and Company estimates noted below and in the attached schedule may differ significantly from actual results. The Company will report second quarter results on Aug. 3, 2009, and will conduct a conference call...
MIAMI, June 11 /PRNewswire-FirstCall/ -- Warrior Girl Corp. (Pink Sheets: WRGL) believes it has identified the most appropriate and lucrative approach to resolving the traditional negative aspects of separating oil from tar sand and oil shale. Traditionally, a variety of methods have been used to separate oil from tar sands and oil shale. For instance, Canada's tar sands industry relies primarily on heat (derived from natural gas) and liquid solutions but leaves a high level of toxic...
All figures below gross to Syncrude unless otherwise indicated. CALGARY, June 9 /PRNewswire-FirstCall/ - (TSX - COS.UN) - Canadian Oil Sands Trust ("Canadian Oil Sands") today reported that the planned turnaround of Coker 8-3 has been completed with Syncrude production ramping up. During the turnaround modifications also were made to the coker with the aim of improving yield and run length. The Coker 8-3 turnaround began on March 17, 2009 and was expected to take approximately two months...
