Canadian Heavy Oil Prices Continue to Drop
Reuters reported that refinery incidents in the US and Canada have contributed to a drop in Canadian heavy oil prices by heightening the effects of an already oversupplied market.
Articles Tagged "Canada"
Canadian Heavy Oil Prices Pressured by Sarnia Incident
Reuters reported that unscheduled maintenance on a processing unit at Imperial Oil Ltd.'s (TSX:IMO) Sarnia, Ontario refinery is pressuring Canadian heavy oil prices.
China Keen on Canadian Crude
Financial Post reported that China is competing with the US to secure supply of crude oil from Canada.
Southern Pacific Q4 Output Up On Higher Oil Prices
Reuters reports Canada's Southern Pacific Resource Corp (TSE:STP,CVE:STP) posted a 34 percent rise in production.
U.S. Climate Protests Shift to Blocking Keystone XL Pipeline Approval
Reuters reports that the advocacy organization 350.org is organizing a protest against Keystone XL, a proposed heavy oil pipeline.
Canada Crude-Spreads Steady as World Oil Prices Gyrate
Reuters reported that despite the volatile oil market Canadian cash crude differentials are remaining stable.
Twoco Petroleums provides operational update on two oil wells in Canada
Twoco Petroleums Ltd.(CVE:TWO) reports production two gross horizontal oil wells on the company's Sparky heavy oil play in the Warspite area of Alberta.
Exxon Boosted Pipeline to Oil Sands By 50%
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
OilSands Giant on Hook for $3Mln in Unpaid Wages
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
Opti Canada’s Future hinged on Oil Sands Performance
Opti Canada Inc. needs to show some progress at its underperforming oil sands project if its shares – down a hefty 93 per cent over the past year – are going to recover lost ground. For full story, click here
