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 [...]
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, [...]
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news Ouch! For our Canadian investors in commodities, times have certainly been better. The TSX has been dragged downward by mining and energy concerns this week, and investors are understandably worried. Some see it as a natural part of a cycle, others as a [...]
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Heads in the Oil Sand? Strange things are happening in the oilfield. I was recently interviewing a veteran oilman who was eager to talk about stricter government controls on greenhouse gas emissions. What was strange was that he saw them as a business opportunity. He [...]
Depictions of the oil industry often involve images of geysering derricks, boisterous Texans and ultra-wealthy Arab sheikhs. Though these stereotypes have some element of truth in them, they conceal more than they illuminate about hydrocarbons in the 21st century. Conventional oil will remain the cornerstone of our energy economy into the forseeable future, but high [...]
Thursday, November 6, 2008