Imperial Oil Ltd. has dusted off a $1-billion, 30,000-barrel-per-day oilsands project approved by the province five years ago and is looking at resubmitting a heavily amended application. For full story, click here
Nexen continues to take its time ramping up the long-awaited Long Lake oilsands project in light of lower second quarter results. For full story, click here
Nexen has continued to take its time ramping up the long-awaited Long Lake oilsands project in light of lower second quarter results. For full story, click here
Opti Canada Inc. needs to show some progress at its underperforming oil sands project if its shares – down a hefty 93 per cent over the past year – are going to recover lost ground. For full story, click here
The completion of a debt offering by a Calgary-based integrated oil company has kick-started construction on a stalled oilsands project south of Ft McMurray in northern Alberta. For full story, click here
Companies linked to a Chinese energy giant declared that they don’t owe any wages to a man who was employed as a temporary foreign worker at an Alberta oilsands project. For full story, click here
A plan by Canadian National Railway Co. to deliver Alberta’s heavy oil in tanker cars rather than pipelines could save oil firms billions of dollars while helping smaller oilsands projects south of Fort McMurray get product to market, the North American rail giant believes. For full story, click here
Enerplus Resources Fund reported that it is delaying its Kirby oil-sands project by at least a year as low crude-oil prices continue to stymie developments in the high-cost sector. For full story, click here
Planned work at ConocoPhillips’ Wood River, Ill. refinery has been completed late last week. For full story, click here
Reports reveal that many of Alberta’s leading oilsands producers have abandoned their bids for a share of the government’s $2 billion in spending on carbon capture projects. For full story, click here
Wednesday, August 19, 2009