This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tony Clement, Canada’s Minister of Industry, has approved the acquisition by PetroChina of the MacKay and Dover OilSands projects from Athabasca OilSands Corporation (AOSC) “ because I am satisfied that the investment is likely to be of net benefit to Canada. ”. Earlier post.).
Suncor Energy has reached an agreement to sell the conventional portion of its natural gas business in Western Canada for $1 billion to a newly established partnership between Centrica plc and Qatar Petroleum International. Suncor’s view of market access for its oilsands products. Source: Suncor. Click to enlarge.
The Alberta government has successfully negotiated contracts for two projects that will advance the upgrading and refining of oilsands bitumen to diesel fuel. billion barrels of oil from conventional reservoirs throughout the province, potentially generating up to $25 billion in additional provincial royalties and taxes.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oilsands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
CIC has also agreed to purchase trust units of Penn West on a private placement basis. Under the terms of the agreements to be executed at closing providing for the formation of the Joint Venture, Penn West will contribute the oilsands assets, valued at approximately C$1.8 billion, and will retain a 55% partnership interest.
The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.
Suncor Energy, a Canadian integrated energy company that is one of the top oilsands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.
an indirect wholly-owned subsidiary of CNOOC, will acquire oilsands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oilsands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a
It discriminates both on its face, and as applied, against transportation fuels and fuel feedstocks imported from outside of California with the intended effect of (i) promoting in-state production of transportation fuels, and (ii) “keep[ing] consumer dollars local by reducing the need to make fuel purchases from beyond [California’s] borders.”.
Canada-based Osum OilSands Corp. million callable common share purchase warrants, each exercisable into one common share at any time without conditions by Osum, at a price of $12.50 billion barrels (net), ranking it third in the area next to Husky Energy and Shell Canada. Credit Suisse Securities (Canada), Inc.,
Total E&P Canada Ltd., As a consequence of the transaction, NLP will be jointly owned by Total Canada and SinoCanada, with 50% each. As a consequence of the transaction, NLP will be jointly owned by Total Canada and SinoCanada, with 50% each. Lastly, on January 28, 2009 Total’s subsidiary, Total E&P Canada Ltd.,
Millenials purchase ST vehicles at twice the rate of the rest of Ford brands, and performance vehicles attract more millenials than the rest of the Ford vehicle base. Mud and sand mode for muddy and sandy trails and terrain. The limited-production Shelby GT350R will be available in the United States and Canada later this year.
Canada-based Nexen Inc. CNOOC is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world. —Marvin Romanow, Nexen’s President and CEO. Earlier post.).
The finalists for both the US $100 million XPrize for Carbon Removal and the $35 million Carbon Dioxide Removal Purchase Pilot Prize from the U.S. Oldham envisions building Captura plants on retired oil and gas platforms, using the existing pipes to send the captured CO 2 under the seafloor. Big funding entities support these ideas.
Christian Paradis, Canada’s Minister of Industry, announced on Friday that the federal government is allowing two major acquisitions of oilsands companies by foreign state-owned enterprises (SOEs): the $15.1-billion Both transactions represented a “net benefit” to Canada, Paradis said. But, all investments are not equal.
Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Treat all crude oils as part of the overall pool of transportation fuels. We did not shy away from controversy. We are not advocates. Harmonize global LCFS policies.
However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.).
The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion); Kinder Morgan has agreed to work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP. billion (US$3.46 Earlier post.) Earlier post.)
GM killed that car because of back room deals with oil companies, and now they expect us to believe that they are just so cutting edge now? GM killed that car because of back room deals with oil companies" GM "killed" that experiment because it wasnt even CLOSE to being cost effective. It is 12 years later. GM would only lease them.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content