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
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
Canadian Natural, the nation’s second-leading natural-gas producer, declared a second- quarter profit after production commenced at its Horizon oil-sands project in northeastern Alberta and raised its output forecast. For full story, click here
Canadian Natural Resources Ltd., the nation’s second-leading natural-gas producer, reported a second- quarter profit after production started at its Horizon oil-sands project in northeastern Alberta and raised its output forecast. For full story, click here
Canadian Natural Resources Ltd., the nation’s second-leading natural-gas producer, reported a second- quarter profit after production started at its Horizon oil-sands project in northeastern Alberta and raised its output forecast. For full story, click here
With construction of its oil sands upgrader still stalled, Suncor has planned to sell unprocessed bitumen to refiners south of the border, where strong demand for Canadian heavy oil has sent prices soaring in recent months. For full story, click here
Canadian Oil Sands Trust declared cash used in operating activities of $44 million for the second quarter of 2009 compared with cash from operating activities of $413 million for the same period last year. For full story, click here
“Green bitumen”, an oilsands product that is acceptable to environmentally sensitive purchasers — can be achieved but it will come at a high cost, as per a study released by Canadian Energy Research Institute. For full story, click here
Canadian Natural Resources Ltd. has planned to outsource less work to other firms on future oilsands expansions to boost efficiency and cut costs. For full story, click here
Canadian Natural Resources Ltd. has planned to outsource less work to other firms on future oilsands expansions to boost efficiency and cut costs. Vice-chairman John Langille declared: We are going to attempt to build this out by taking more project control ourselves in-house, rather than farming it out. For full story, click here
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