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Top Oil Sands Pick: Canadian Natural Resources

2014-12-23 20:05:54| Oil & Gas - Topix.net

Canadian Natural Resources is not only Canada's largest natural gas producer it also has 4,420 MMbbl of proved crude oil and NGLs, natural gas liquids, reserves as of 2013 year end. According to the company's latest presentation its' reserve base makes it the largest peer in a group including the likes of Suncor , Apache , and Imperial Oil .

Tags: top resources natural pick

 

E.U.'s 'Dirty' Label On Oil Sands Narrowly Defeated European Parliament Vote

2014-12-18 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CBC: Canadian oilsands exporters narrowly survived a vote today in the European Parliament that could have once again labelled Alberta bitumen as dirty oil. A proposed fuel quality directive for European Union refineries has been the subject of a well-funded Canadian lobbying campaign for more than two years. Canadian negotiators thought the matter was settled this fall when the European Commission backed off and agreed to allow Canadian bitumen without singling it out as having a much more intense...

Tags: vote oil european label

 
 

With sub-$60 oil, fracking and tar sands losses threaten financial system

2014-12-17 10:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecologist: A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil and gas. Now, with oil sinking below $60, all that paper is turning to junk - and that's putting the entire economic system at risk. Throwing free money after bad, the US fracking industry mopped up a large wad of QE cash, and shortly after the number of drilling rigs in the US took...

Tags: system financial oil losses

 

Operations start at Sunrise Phase 1 oil sands project in Canada

2014-12-15 01:00:00| Hydrocarbons Technology

Operations have been started at the Sunrise Phase 1 in-situ oil sands project in Alberta, Canada.

Tags: in start canada project

 

Surmont Phase 2 Oil Sands Project, Alberta

2014-12-11 01:00:00| Hydrocarbons Technology

Surmont Phase 2 Oil Sands Project involves the expansion of the Surmont steam-assisted gravity drainage (SAGD) plant to increase its production capacity from the existing 27,000 barrels of bitumen a day to 136,000 barrels of bitumen a day.

Tags: project oil phase alberta

 

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