SONIC Technology Solutions Inc. declared that Roger Lott has agreed to serve as a heavy oil Advisor to Sonic. For full story, click here
Continue reading "SONIC Technology appoints Roger Lott as Heavy Oil Advisor"
Tuesday, March 17, 2009
Jose Ramos-Horta reported to intervene in delaying a controversial $400 million deal to buy three highly polluting second-hand power stations for East Timor. The plants would commit gas-rich East Timor to importing heavy oil for at least three decades for plants that use difficult-to-manage technology that has already been phased out in many countries for [...]
Continue reading "Ramos-Horta delays its east timor deal"
Saturday, January 24, 2009
Schlumberger inaugurated a new oilfield technology center in Calgary, Alberta, that will focus on efficient heavy oil recovery in Alberta and Alaska. For full story, click here
Continue reading "Schlumberger opens heavy-oil technology center"
Friday, November 14, 2008
GE Water & Process Technologies and the Alberta Water Research Institute say they hope to chieve significant cut in the amount of energy and water used in some oilsands projects – and then potentially export the technology to similar heavy-oil ventures elsewhere. For full story, click here
Continue reading "Project for oilsands and efficient water usage"
Wednesday, October 8, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news As predicted, the combination of falling oil prices, demand destruction and tight credit is beginning to affect heavy oil and oil sands. Energy stocks and trusts are down, and the news marginalia suggests that companies have a bleak outlook for the future profitability [...]
Continue reading "Upgrader: Tight belts"
Monday, October 6, 2008
BP Exploration reported that encouraging results were obtained in a test of its new technology to extract heavy oil. BP spokesman Steve Rinehart said: This is really good news because this is a giant resource, with about 20 billion barrels of oil physically in the reservoir. We think the time is right to go after it. For full story, click [...]
Continue reading "New technology aims to extract heavy oil from rocks"
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Thursday, June 11, 2009