Petrobank Energy and Resources declared that it’s ready to take its heavy-oil unit to the next level a week after merging its conventional oil assets into a new company called PetroBakken. For full story, click here
Read the full article: "PetroBank’s Heavy Oil Unit Must be..."
Thursday, August 20, 2009
EnerVest Energy and Oil Sands Total Return Trust declared the August distribution of $0.0417 per unit. The record date for this distribution is August 31, 2009 and the payment date will be September 15, 2009. The ex-distribution date for this payment is August 27, 2009. For full story, click here
Read the full article: "EnerVest Energy and Oil Sands Total Return..."
Wednesday, August 19, 2009
Canadian Oil Sands Trust posted significantly lower second-quarter earnings, hurt by lower crude oil prices and lower production in the quarter, but surged its distribution on confidence in Syncrude operations, strengthening crude oil prices and an improved liquidity position. For full story, click here
Read the full article: "Canadian Oil Sands Surged Distrib Despite..."
Wednesday, August 19, 2009
Imperial Oil Ltd. is considering moving ahead with expansions to its massive oilsands operations at Cold Lake, Alta., which received regulatory approval five years ago. For full story, click here
Read the full article: "Imperial Oil Considered Moving Ahead With..."
Wednesday, August 19, 2009
Exxon Mobil Corp., the world’s leading oil refiner, boosted its capacity to transport crude from Canada’s oil sands to refineries in Texas and Louisiana. For full story, click here
Read the full article: "Exxon Boosted Pipeline to Oil Sands By 50%"
Wednesday, August 19, 2009
Imperial Oil Ltd. has dusted off a $1-billion, 30,000-barrel-per-day oilsands project approved by the province five years ago and is looking at resubmitting a heavily amended application. For full story, click here
Read the full article: "Imperial Oil Has Taken Fresh Look at $1 Bln..."
Friday, August 14, 2009
Reliance Industries Ltd. has dipped out of the grand alliance with Oil and Natural Gas Corporation and Indian Oil Corporation for jointly bidding for a $16-18 billion oilfield in Venezuela. For full story, click here
Read the full article: "Reliance Industries have pulled Out of India..."
Friday, August 14, 2009
Petrobank Energy and Resources declared that it’s ready to take its heavy-oil unit to the next level a week after merging its conventional oil assets into a new company called PetroBakken. For full story, click here
Read the full article: "PetroBank’s Heavy Oil Unit Could be..."
Wednesday, August 12, 2009
A major Canadian oilsands company is on the hook for $3 million in unpaid wages for the temporary foreign workers who built most of a tank farm on their site near Fort McMurray, Alta. For full story, click here
Read the full article: "OilSands Giant on Hook for $3Mln in Unpaid..."
Tuesday, August 11, 2009
Energy Quest, Inc., an emerging leader in alternative energy, declared that it has signed an agreement with Cancen Oil Canada Corp. to provide testing facilities and feedstock for the testing phase of the construction of a 1,000 barrels per day heavy crude oil upgrader. For full story, click here
Read the full article: "Energy Quest Signed Definitive Agreement..."
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Friday, August 21, 2009