Blue Horizon Energy Plans Multi-Leg Horizontal Well On Normandville Assets
Blue Horizon Industries Inc. (CNSX:BH) announced that analysis of sampling at its Normandville property is now complete.
Blue Horizon Industries Inc. (CNSX:BH) announced that analysis of sampling at its Normandville property is now complete.
Ivanhoe Energy Inc.’s will present an overview of Ivanhoe Energy’s two heavy-oil projects- Tamarack in Canada and Pungarayacu in Ecuador, as well as technology updates on the company’s proprietary heavy oil upgrading technology at the Raymond James Ltd. Oil Sands of Canada Conference in New York on Monday, May 4, 2009 at 1 p.m. eastern [...]
Canada’s stagnant oilsands sector could get the biggest boost it’s received in some time if Imperial Oil Ltd. declared next week that it will proceed with its 100,000-barrel-per-day Kearl oilsands project. For full story, click here
Federal and Alberta officials reported that they will make a last-ditch effort in California today to head off a regulation that would target oil sands emission levels and create a new barrier to the export of the unconventional oil. Alberta Energy spokesman Jason Chance stated: We want to make sure that all sources are assessed [...]
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Brass tacks In markets like these, it behooves investors, advisers, businesspeople and journalists to return to first principles. May I first offer a mea culpa for failing to forecast the precipitous decline in barrel prices? Sorry. Getting down to brass tacks, the economic fundamentals of [...]
CEO’s of Canada’s 10 largest Oil Sands companies are pursuing PR strategies to improve their industry’s poor image. This group has launched an internet discussion forum to seek concerns, views and opinions directly from the Canadian public. Rick George, CEO of Suncor, was quoted as saying: The first step is to open ourselves up to [...]
Statoil is delaying investment in the company’s Oil Sands project due to uncertainty over Canda’s climate change policies. The company has put off upgradation of a portion of the integrated oil sands project by two years later than originally planned. Helge Lund, CEO of Statoil was quoted as saying: Making an upgrader investment decision is [...]
By Duncan Sutherland – Exclusive to HeavyOilInvestingNews.com The marquee event of the week was the World Petroleum Congress in Madrid, Spain. With per barrel prices hovering in the $140s, the assembly examined speculation in futures markets, rising input costs and environmental concerns. The theme for the Congress was “A World in Transition: Delivering Energy for [...]
Get our independent commentary on heavy oil trends and companies delivered to your inbox.