With the recent pullback in oil stocks, several lesser know South American oil companies are now attractive value stories. For full news, click here
Read the full article: "Emerging oil companies in South America now..."
Wednesday, July 30, 2008
The Coast Guard has shut two miles of the Mississippi River at New Orleans after more oil spilled from a disabled barge. For more information, click here
Read the full article: "Two miles of Mississippi River shut"
Wednesday, July 30, 2008
Shell Canada gave up on its plan to construct a $15b heavy oil refinery in Sarnia, Ontario. For full story, click here
Read the full article: "Shell Canada cancels Alberta Refinery project"
Wednesday, July 30, 2008
Ivory Energy Inc. has closed a secured credit facility for drilling and development of Ivory’s heavy oil reserves at Silverdale. For full news, click here
Read the full article: "Ivory Energy closed secured credit facility"
Wednesday, July 30, 2008
SOME CHEER ON THE OIL FRONT By Duncan Sutherland – Exclusive to Heavy Oil Investing News A good quarter for heavy oil companies Heavy oil and oil sands companies, by and large, posted positive results in the just-ended quarter. This was to be expected, what with oil prices hitting an all-time high. It is worth noting, however, that energy costs took a [...]
Read the full article: "Upgrader: July 30"
Tuesday, July 29, 2008
Ship traffic on mississippi river, which was disturbed due to heavy oil spill after an accident, is back to normal. For full news, click here
Read the full article: "Mississippi traffic back to normal"
Tuesday, July 29, 2008
Encana’s Western Canadian Select heavy oil averaged $102.18, compared with $45.84 in 2007. For full news, click here
Read the full article: "Encana’s heavy oil price averaged..."
Tuesday, July 29, 2008
Chevron has injected steam into the reservoirs, coaxing the sedimentary rock into giving up millions of barrels of thick and sticky heavy oil, which is difficult to retrieve using outdated technology. For full story, click here
Read the full article: "Dwindling supply of Oil in USA"
Tuesday, July 29, 2008
Calgary based North West Upgrading announced the appointment of Mr. Douglas P. Quinn as President and Chief Executive Officer of the company. Robert Pearce, current President and CEO of North West, was quoted as saying: Doug brings tremendous industry expertise to our management team. For full story, click here
Read the full article: "North West enhances leadership"
Monday, July 28, 2008
Saipem has been awared new onshore of 1.6 billion euro in Saudi Arabia and Nigeria. For full story, click here
Read the full article: "Saipem awarded new onshore contracts"
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Wednesday, July 30, 2008