Latest Oil sands Stories
Full Speech by Françoise Bertrand, President and Chief Executive Officer of Fédération des chambres de commerce du Québec (Québec's Federation of Chambers of Commerce), at the Toronto Region Board of Trade luncheon on May 22, 2013. TORONTO, May 22, 2013 /CNW/ - Ladies and gentlemen . . . hello. Allow me to begin by presenting the Fédération des chambres de commerce du Québec (FCCQ), an organization that many of you are probably not familiar with. The FCCQ is both...
Canada’s Minister of Natural Resources Joe Oliver is in Europe to argue that the European Union’s Fuel Quality Directive unfairly stigmatizes Alberta Oil Sands products. Friends of Science point to the climate change hypocrisy in the EU when one compares their terms for ‘carbon neutral’ wood pellets shipped from Canada or the carbon footprint of EU beer consumption vis a vis oil sands’ emissions. Calgary, Alberta, Canada (PRWEB) May 08, 2013 “Despite a tradition of common...
With improved forecasts the Elkton Erosional edge project has been upgraded to the first development project. The recovery rates possible from primary production and more simplified enhanced recovery methods, with the larger volumes and mobility of the oil than was expected to has been demonstrated in these AGAT results. New York, NY (PRWEB) May 09, 2013 CEC North Star Energy Ltd. providing analysis data from the core samples taken from the Elkton Erosional Edge coring operations carried...
CALGARY, May 5, 2013 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST") is pleased to announce that effective immediately it has added two of the energy industry's most successful and distinguished leaders to its Board of Directors ("the Board") with the appointment of Mr. Rick George, as Chairman, and Mr. Allan Markin, as Vice-Chairman. Mr. George was instrumental in the building of one of Canada's most successful energy companies, Suncor Energy Inc....
Octagon 88 Resources Inc. (OCTX) is pleased to provide its investors with the following executive update on its current active developments. Zug, Switzerland (PRWEB) May 02, 2013 Octagon 88 Resources Inc. (OCTX) is pleased to provide its investors with the following executive update on its current active developments. Elkton Erosional Edge From recent core sample results received from AGAT laboratories, the Company has determined it has a second primary production project to bring on...
Oil Will Flow Even if TransCanada Doesn't Build Controversial Pipeline WASHINGTON, April 29, 2013 /PRNewswire/ -- The increasingly contentious debate over the environmental impact of TransCanada Corp's (TRP) Keystone XL Pipeline obscures the oil and gas industry's pursuit of alternative means to deliver rising production from Canada's oil sands to the U.S. and other markets. Facing lower price realizations in oil-glutted Western Canada, enterprising oil-sands producers have already...
During the Earth Day town hall meeting in Conway, AR, at the Faulkner County Natural Resources Center, Founder and CEO, Scott C. Smith, gave a keynote address revealing preliminary results that the water column testing throughout Lake Conway showed positive readings for spilled Canadian tar sands oil and related solvents. Mayflower, AR (PRWEB) April 26, 2013 The presence of spilled Canadian tar sands oil or bitumen in Lake Conway appears to be from the March 29, 2013 ExxonMobil Pegasus...
CALGARY, April 25, 2013 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL, NYSE: PBA) announced today that it has agreed to offer $200 million of senior unsecured medium-term notes. The notes have a fixed interest rate of 4.75% per annum, paid semi-annually, and will mature on April 30, 2043. Closing of the offering is anticipated to occur on April 30 and the net proceeds will be used to reduce short term indebtedness of the Company under its...
Refining operating cash flow increases 97% to $524 million -- Cash flow was $971 million, or $1.28 per share in the first quarter, an increase of 7% from the same period in 2012, mainly due to strong performance from the company's refining business. -- Operating cash flow from refining almost doubled to $524 million compared with the same quarter a year earlier. -- Combined oil sands production at Foster Creek and...
This is an announcement made pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571) and Rule 13.09 of the Rules Governing the Listing of Securities on the Stock Exchange. HONG KONG, April 22, 2013 /PRNewswire/ -- Sunshine Oilsands Ltd. ("Sunshine") (HKEX: 2012; TSX: SUO) has undertaken a detailed review of its cost estimate and schedule for the West Ells SAGD Project, currently under construction near Ft. McMurray,...
