Alberta’s Oil Sands Output has been pegged at 3 mln bpd by 2018
Output from Alberta’s oil sands region, the leading crude reserves outside the Middle East, will surge to 3 million barrels per day by 2018. For full story, click here
Articles Tagged "east"
South Korea’s Oil Imports from ME surged 13.3%
Kuna declared that South Korea’s crude oil imports from the Middle East in the first two months of 2009 surged 13.3% from the same period of 2008 with accounting for 84.7% of the total, up 1.0%. For full story, click here
Asia, Mideast to debate whether or not heavy oil should rise
Asian and Middle East energy ministers may agree this weekend that letting oil prices surge eventually in order to stimulate investment is just as vital as keeping crude at $50 for now to aid the ailing global economy. For full story, click here
Ramos-Horta delays its east timor deal
Jose Ramos-Horta reported to intervene in delaying a controversial $400 million deal to buy three highly polluting second-hand power stations for East Timor. The plants would commit gas-rich East Timor to importing heavy oil for at least three decades for plants that use difficult-to-manage technology that has already been phased out in many countries for [...]
