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Ala. Oil Sands Hold Lucrative Promise, Environmental Peril

2013-08-11 07:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A financial boon could be awaiting Alabama just below the earth's surface in parts of north and west Alabama. That's what some consider to be the potential of oil sands -- or tar sands as they also are called -- that geologists said are called in some areas, including Colbert, Franklin and Lawrence counties. According to some estimates, the oil sands hold 7.5 billion barrels of crude oil and a revenue source for the state that has remained untapped to this point. Environmental groups call...

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ConocoPhillips signs agreement to divest Clyden oil sands asset in Alberta, Canada

2013-08-09 01:00:00| Hydrocarbons Technology

US exploration and production company ConocoPhillips has agreed to sell its Clyden oil sands asset in Alberta, Canada to Imperial Oil and ExxonMobil Canada for approximately $720m.

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UPDATE 1-ConocoPhillips to sell oil sands lease to Imperial, Exxon Canada

2013-08-08 18:32:39| Oil & Gas - Topix.net

ConocoPhillips said it would sell its interest in an oil sands leasehold in Canada for about $720 million as part of its plan to restructure its assets and hive off its stake in six Alberta properties.

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ConocoPhillips Plans To Sells Oil Sands Asset

2013-08-08 17:25:00| OGI

Comprising 226,000 net acres of undeveloped land, Clyden is located near the southern edge of the Athabasca oil sands and south of Fort McMurray, Alberta.

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Canada: Albertas oil sands bring jobs, services and despair

2013-08-06 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: First the bugs began to disappear, says Eriel Deranger, spokesperson for Athabasca Chipewyan First Nation. By Derangers account, her small community of Fort Chipewyan is increasingly affected by the expansion of the worlds third largest crude oil deposit, the Athabasca tar sands of Alberta, Canada. In the last decade, the town of Fort Chipewyan in northeastern Alberta has witnessed its local caribou herds threatened with extinction, a decline in the numbers of migratory birds, and elevated...

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