Articles Tagged "agreement"

Energy Quest has signed Definitive Agreement with Cancen Oil Processors

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. Mr. Keith Talbot, President of Cancen Oil Canada Corp, stated: We [...]

China Bio Energy Holdings declared acquistion of Gas Station

China Bio Energy Holdings Group, a leading manufacturer and distributor of bio-diesel and distributor of petroleum-related products including gasoline, diesel, and heavy oil in China, declared that it has reached an agreement to acquire, through a thirty-year lease, all of the assets of a gas station located in the city of Xi’an, Shaanxi Province, PRC. [...]

Canacol Energy declared $9 Million Capital Investment

Canacol Energy Ltd. declared that it has executed a series of agreements with Gemini Oil and Gas Fund II, L.P., the Jersey based oil and gas investment fund, whereby Gemini will, subject to certain preconditions, invest up to US$ 9 million to be used to fund a portion of the Corporation’s development and appraisal programs [...]

Upgrader: elections special

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Canada: Upgrader is going up later than usual this week because of the Canadian Federal Election and the American Presidential debate. Now that these two events are a matter of record, there is much good news for the heavy oil and oil sands industries. First, [...]

North West Enters Sales Agreement with Alberta-Based Diesel Distributor

North West Upgrading, an Alberta-based company building an independent, heavy oil Upgrader in SturgeonCounty, Alberta, reported a long term sales agreement with , Alberta-based distributor for its high quality Ultra Low Sulphur Diesel. Robert Pearce, Senior Vice President, Corporate Development, North West Upgrading said: The Alberta and Western Canadian markets are short of diesel with current demand [...]