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Latest Athabasca Oil Sands Stories

2010-05-18 07:30:00

CALGARY, May 18 /PRNewswire-FirstCall/ - Ivanhoe Energy Inc.'s (TSX: IE, NASDAQ: IVAN) Board of Directors announced today that David Dyck has been promoted to the position of President and Chief Operating Officer of Ivanhoe Energy Inc. Robert Friedland will continue to serve as Co-Chairman and Chief Executive Officer and will work together with Mr. Dyck in leading Ivanhoe's strategic and financing initiatives. Mr. Dyck joined the company in October 2009 as President and Chief Executive...

2010-05-17 06:55:00

NYSE Amex: BQI CALGARY, May 17 /PRNewswire-FirstCall/ - Oilsands Quest Inc. (NYSE AMEX:BQI) ("OQI" or "the Company") has filed key regulatory submissions to advance the development of its Axe Lake oil sands project in northwestern Saskatchewan. The first is a proposal to the Saskatchewan Ministry of Environment (SME) for approval to produce up to 30,000 barrels per day of bitumen using steam-assisted gravity drainage (SAGD). The second submission is for approval of a SAGD test to confirm the...

2010-03-24 22:01:00

PHOENIX, March 24 /PRNewswire/ -- PetroChina and Saudi Aramco officials accepted Hart Energy Publishing's Refining & Energy Company of the Year Awards here March 24 at the Hart executive briefing, "Refining, Fuels & Biofuels: Working Together Towards a Clean & Sustainable Future." PetroChina won its Hart award for excellence in refining as the International Refining Company of the Year, and Saudi Aramco won its Hart award for excellence in global energy, recognized as the...

2010-02-17 07:33:00

HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced that during 2009, the Company added net proved liquid hydrocarbon and natural gas reserves of 674 million barrels of oil equivalent (mmboe), excluding dispositions of 41 mmboe, while producing 149 mmboe, and thereby increasing proved reserves by over 40 percent from 1,195 mmboe at year end 2008 to 1,679 mmboe at year end 2009. For the three-year period ended Dec. 31, 2009, Marathon added net proved...

2010-02-02 07:47:00

HOUSTON, Feb. 2 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today reported fourth quarter 2009 net income of $355 million, or $0.50 per diluted share. In the fourth quarter of 2008 the Company reported a net loss of $41 million, or $0.06 per diluted share. For the fourth quarter of 2009, net income adjusted for special items was $229 million, or $0.32 per diluted share, compared to net income adjusted for special items of $1.025 billion, or $1.44 per diluted share, for...

2010-02-01 07:40:00

HOUSTON, Feb. 1 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today announced a $5.1 billion capital, investment and exploration budget for 2010, a 17 percent decrease from 2009 capital spending. "Marathon's 2010 capital program will focus on Upstream activity, with an emphasis on the development of sanctioned projects, potentially significant exploration wells and advancing our growing resource plays," said Clarence P. Cazalot, Jr., Marathon president and CEO. "With the...

2010-01-13 08:32:00

HOUSTON, Jan. 13 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today is providing information on market factors and operating conditions that occurred during the fourth 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 fourth quarter results on Feb. 2, 2010, and will conduct a conference call...

2009-12-10 08:00:00

BOCA RATON, Fla., Dec. 10 /PRNewswire-FirstCall/ -- Latitude Solutions, Inc. ("LSI" or the "Company") (Pink Sheets: LATI.PK), announced today that its wholly-owned subsidiary, Latitude CleanTech Group, Inc., has entered into an agreement with Robert Benko, former Lead of Laboratory Services for Canadian National Resources Ltd. ("CNRL") Horizon Oil Sands Project and former Laboratory Supervisor for Suncor Energy Inc. Mr. Benko's unique technical, environmental and first hand experience...

2009-12-01 09:00:00

BOCA RATON, Fla., Dec. 1 /PRNewswire-FirstCall/ --Latitude Solutions, Inc. ("LSI" or the "Company"), (Pink Sheets: LTI), announced today that its wholly-owned subsidiary, Latitude CleanTech Group, Inc., has signed a strategic partnership agreement with DCR, Inc., an Alberta, Canada company with years of operating experience in the Alberta Oil Sands. The companies have agreed to collaborate on the introduction of Latitude CleanTech's proprietary water treatment technology for use by...

2009-11-19 07:40:00

NEW YORK, Nov. 19 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today provided investors with a comprehensive report on the Company's global operations, including a review of strategic plans to achieve profitable growth and competitive returns for shareholders. "Marathon continues to deliver on our strategic commitments. We have achieved consistent production growth, executed on major projects, significantly improved operational reliability, reduced controllable costs,...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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