State-controlled Petrobras declared that it has signed a deal with China Development Bank through which it will receive a 10-year loan worth $10bn. For full story, click here
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Wednesday, November 12, 2008
With the price of crude mired at half the peak of $147 it reached in July, this may seem like an odd time to invest in oil wells. For full story, click here
Continue reading "Is it an odd time to invest in oil wells?"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
Continue reading "Upgrader:Harper’s gambit"
Wednesday, November 5, 2008
Other than the potential for a severe economic downturn, the development of the oil sands may be the most vital economic and political issue for Canada for next ten years. according to present suituations, the oil sands will host at least $170-billion of investments during this period. For full story, click here
Continue reading "Oil sands will host around $170 bn of investments"
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Monday, June 1, 2009