Planned work completed at Conoco Wood River Project
Planned work at ConocoPhillips’ Wood River, Ill. refinery has been completed late last week. For full story, click here
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Planned work at ConocoPhillips’ Wood River, Ill. refinery has been completed late last week. For full story, click here
Continue reading "Planned work completed at Conoco Wood River Project"
Wednesday, February 11, 2009
ConocoPhillips plans new wells and development at the huge Kuparuk field and at the Alpine field and associated satellites on the western North Slope. For full story, click here
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Wednesday, February 11, 2009
Oil giant ConocoPhillips said on Wednesday it will cut its capital spending in Alaska by 20 percent in 2009 to $800 million due to a slump in crude prices and the economic downturn. For full story, click here
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Thursday, October 23, 2008
Suncor and UTS said that they are delaying new projects and cutting capital spending due to global credit crunch and falling oil prices play havoc alongwith Alberta’s high-cost oilsands. Rick George, Suncor’s president and CEO said: Our aim is to ensure we are living within our means during a time of market uncertainty, while also making the [...]
Continue reading "Two big Canadian cos plan to delay new projects"
Thursday, October 16, 2008
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, [...]
Continue reading "Upgrader: elections special"
Thursday, October 2, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market News: Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. Apologies to Winston Churchill, but this quote is perhaps the best measure of the rocky state of the global financial [...]
Continue reading "Upgrader: The end of the beginning"
Monday, September 1, 2008
Enbridge Inc. announces a deal with BP PLC for a scaled-back plan to bring oil sands crude to the Texas Gulf Coast, a key market where Canadian producers are attempting to make inroads against Venezuelan, Mexican and Persian Gulf competitors. Mr. Wuori was quoted as saying: We felt it’s really important to get the capacity [...]
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Wednesday, April 15, 2009