September 07 Archive

Western Oil Sands Files Information Circular Canada NewsWire (press release) - Canada - 18 /CNW/ - Western Oil Sands Inc. (TSX: WTO) ("Western") today announced that it has filed an information circular in connection with the previously ...

Oil Sands Sector Fund Declares Quarterly Distribution Market Wire (press release) - USA - 18, 2007) - Oil Sands Sector Fund (TSX:OSF.UN) is pleased to announce a quarterly cash distribution of $0.125 per unit. The quarterly distribution is ...

Oilsands Quest begins drilling on Saskatchewan oil sands permits ... CNNMoney.com - USA - 18 /PRNewswire-FirstCall/ - Oilsands Quest Inc. announces drilling has recommenced on its oil sands permits in northwest Saskatchewan. ...

Alberta energy royalties should rise, panel says Reuters - USA - The report, led by chairman Bill Hunter, recommended most royalties be hiked for oil, oil sands and natural gas production.

Royalty review calls for massive jump in oilsands payouts Canada.com - Hamilton, Ontario, Canada - In the report 104-page report, the panel acknowledges that "higher royalties and taxes will slow down the pace of oil sands investment. ...

Canadian panel calls for major hike in Alberta's oil sands royalties International Herald Tribune - France - The report by the provincial panel targets Alberta's oil sands projects in particular and says royalties have not kept pace with world energy markets. ...

Royalty review calls for massive jump in oilsands payouts Canada.com - Hamilton,Ontario,Canada - In the report 104-page report, the panel acknowledges that "higher royalties and taxes will slow down the pace of oil sands investment. ...

Alberta energy royalties should rise, panel says Reuters - USA - The report, led by chairman Bill Hunter, recommended most royalties be hiked for oil, oil sands and natural gas production.

Western Oil Sands Files Information Circular Canada NewsWire (press release) - Canada - 18 /CNW/ - Western Oil Sands Inc. (TSX: WTO) ("Western") today announced that it has filed an information circular in connection with the previously ...

Oilsands Quest begins drilling on Saskatchewan oil sands permits ... CNNMoney.com - USA - 18 /PRNewswire-FirstCall/ - Oilsands Quest Inc. announces drilling has recommenced on its oil sands permits in northwest Saskatchewan. ...

Canadian panel calls for major hike in Alberta's oil sands royalties International Herald Tribune - France - The report by the provincial panel targets Alberta's oil sands projects in particular and says royalties have not kept pace with world energy markets. ...

Oil Sands Sector Fund Declares Quarterly Distribution Market Wire (press release) - USA - 18, 2007) - Oil Sands Sector Fund (TSX:OSF.UN) is pleased to announce a quarterly cash distribution of $0.125 per unit. The quarterly distribution is ...

Alberta royalty review report released today Edmonton Journal - Edmonton,Alberta,Canada - The provincial government's long-anticipated royalty review panel report, examining the formula for royalties for bitumen mined from northern oilsands, ...

Not a 'fair share' Edmonton Sun - Alberta, Canada - The report says all projects in the booming oilsands region should pay 36% more because "Albertans do not receive their fair share from energy development. ...

How Canada Went from 21st to 2nd in World's Oil Reserves AlterNet - San Francisco,CA,USA - The United States has its hopes pinned on Canada's "tar sands" for North American security in the oil market. But their "black gold" is an environmental ...

Oil Sands Exceed Devon's Plans Motley Fool - USA - Last week, Devon announced plans to leave some oil sands lands in others' hands. But wait: With everyone from Statoil (NYSE: STO) to Marathon Oil (NYSE: ...

Analysts bullish on Flint after Suncor deal (update) Canada.com - Hamilton,Ontario,Canada - The company recently won new contracts for construction work at Suncor Energy Inc.'s (SU/TSX) oilsands facilities near Fort McMurray, Alberta, ...

Great Northern Oilsands Successfully Runs 9 5/8 inch Intermediate ... Earthtimes.org - USA - 17 /PRNewswire-FirstCall/ -- Great Northern Oilsands Inc. ("Great Northern") is pleased to announce that the operator has informed the company that it has ...

Connacher commences steam injection at its Great Divide Pod One ... Canada NewsWire (press release) - Canada - In less than four years, a very short period of time for the oil sands, we transformed undeveloped acreage into an operating facility that should shortly ...

Camcor Private Equity Position, Nickle's Energy Group - Calgary,Canada - The Oil Sands fund is targeting private producers and developers of the oil sands resource and companies that provide products, services and technology to ...

Blair visit 'recognition of Calgary's importance': McKenna Canada.com - Hamilton,Ontario,Canada - "The oil sands of Alberta have become very important in that regard." Following Blair's scheduled 40-minute speech, McKenna will lead him in an ...

ROPE SHOVEL - P&H launches 4100C BOSS in oil sands Canadian Mining Journal - Toronto,Ontario,Canada - ALBERTA - P&H MINING EQUIPMENT recently introduced the 4100C BOSS with Centurion AC drive to the SUNCOR oil sands mine north of Fort McMurray. ...

Pickets vow they will ignore order to stop Edmonton Journal - Edmonton, Alberta, Canada - Work disruptions were reported again at job sites in and around Edmonton, and at Fort McMurray, where another blockade interrupted work at some oilsands ...

Flint Energy Services awarded construction contracts at Suncor ... Oilweek Magazine - Edmonton, Canada - "With the award of this work, Flint currently has approximately $1-billion in oil sands construction backlog,'' Bill Lingard, Flint Energy's president and ...

Oilsands set to gain in value: report Ottawa Citizen - Ontario, Canada - The importance of the Canadian oilsands in feeding global demand for oil will become increasingly important in the near future, given that production growth ...

Premier's feeling the heat Edmonton Sun - Alberta, Canada - And those five oilsands strike votes looming last summer were no big deal. Then the Hoodie Army showed up this week at plant gates on Refinery Row, ...

Shifting oil sands Telegraph.co.uk - United Kingdom - In the hunt for new fuel sources, a vast swath of western Canada is being mined for its precious 'oil sands'. Jack Fairweather visits the centre of the new ...

Students examine the oil sands Gauntlet - Calgary, AB, Canada - The university's environmental science department sent 22 students on a field school experience to study the oil sands and other potentially at-risk ...

North West hit with investor lawsuit Globe and Mail - Canada - CALGARY -- Upset shareholders are suing Calgary-based North West Upgrading Inc., accusing the firm of misrepresenting the cost of its proposed oil sands ...

ENERGY: CIBC says Canadian oil sands will help fill growing global ... Alberta Index - Calgary, Alberta, Canada - As a result, Canada's oil sands will be squarely in the investment sights of global energy giants, said a new report from CIBC World Markets. ...

Journal colleague among first to identify Alberta's critical issue Edmonton Journal - Edmonton, Alberta, Canada - Predictably, the possibility of changes to the royalty status quo -- particularly in Alberta's booming oilsands, where more than $100 billion worth of ...

North West upgrader bill tops $4B Edmonton Journal - Edmonton, Alberta, Canada - North West Upgrading Inc., the builder of an oilsands upgrader in Sturgeon County, is seeking partners after the refinery-like complex's costs rose above $4 ...

Shell Canada says no nukes for oil sands operation Reuters UK - UK - L: Quote, Profile, Research) won't be using nuclear power at its extensive Canadian oil sands operations, the head of the company's Canadian unit said on ...

More trouble for Premier Ed Edmonton Sun - Alberta, Canada - The Calgary oil tower suits and oilsands aristocrats may not like it, but the times they are a-changin' in Alberta. The unrelenting boom is creating serious ...

Blair visit 'recognition of Calgary's importance': McKenna Canada.com - Hamilton, Ontario, Canada - "The oil sands of Alberta have become very important in that regard." Following Blair's scheduled 40-minute speech, McKenna will lead him in an ...

ROPE SHOVEL - P&H launches 4100C BOSS in oil sands Canadian Mining Journal - Toronto, Ontario, Canada - ALBERTA - P&H MINING EQUIPMENT recently introduced the 4100C BOSS with Centurion AC drive to the SUNCOR oil sands mine north of Fort McMurray. ...

Blair visit 'recognition of Calgary's importance': McKenna Canada.com - Hamilton, Ontario, Canada - "The oil sands of Alberta have become very important in that regard." Following Blair's scheduled 40-minute speech, McKenna will lead him in an ...

ROPE SHOVEL - P&H launches 4100C BOSS in oil sands Canadian Mining Journal - Toronto, Ontario, Canada - ALBERTA - P&H MINING EQUIPMENT recently introduced the 4100C BOSS with Centurion AC drive to the SUNCOR oil sands mine north of Fort McMurray. ...

Devon puts some oil sands lands up for sale Reuters UK - UK - N: Quote, Profile, Research) has put a Canadian oil sands property up for sale as it concentrates its efforts on an existing property in the region, ...

Firesteel Subsidiary Acquires Strategic Oil Sands Properties Canada NewsWire (press release) - Canada - These lands are located in two blocks and target two different types of oil sands deposits. The first block of 1280 acres (512 ha) is located approximately ...

Devon puts some oil sands lands up for sale Reuters UK - UK - N: Quote, Profile, Research) has put a Canadian oil sands property up for sale as it concentrates its efforts on an existing property in the region, ...

Firesteel Subsidiary Acquires Strategic Oil Sands Properties Canada NewsWire (press release) - Canada - These lands are located in two blocks and target two different types of oil sands deposits. The first block of 1280 acres (512 ha) is located approximately ...

UPDATE: Managers See Liquid Gold For Some In Oil's Run CNNMoney.com - USA - Even at $60 a barrel, oil is still highly profitable to extract in the tar sands region of Alberta, Canada , he added. Nusbaum also likes Suncor. ...

Peak oil: Facts converge with theory Hindu Business Line - India - ... the low net energy returns from unconventional sources like tar sands and the dilapidated status of the exploration/drilling industry that could impede ...

Cautionary Cleantech Metrics EcoWorld.com - Fair Oaks, CA, USA - Oil from the Athabasca tar sands, for example, is recoverable at a price of $45 per barrel. Similar costs apply to the massive reserves in Venezuela's ...

Mr Fossil Mail & Guardian Online Johannesburg, South Africa - Meanwhile, with "easy oil" running out, it is necessary to concentrate on "unconventional" fossil fuels such as tar sands and gas-to-liquids while still ...

GRIT International Groups Inc. Is Pleased to Announce It Has ... Earthtimes.org - USA - The Edmonton region boasts to be the fastest growing economy in Canada, fueled by Alberta's massive oilsands projects. "Mega Projects Offering Mega ...

Carpenters, other construction workers, stage wildcat strikes in ... Oilweek Magazine - Edmonton, Canada - EDMONTON (CP) _ Carpenters and other construction workers have staged wildcat strikes at energy industry work sites to show their displeasure with an ...

Turn West into energy superpower, Taft urges Canada.com - Canada - ... billions of dollars if the province does not do whatever it can to ensure that more oilsands bitumen is processed here at home, Kevin Taft said Tuesday. ...

Alberta's royalty report delayed CBC.ca - Alberta, Canada - Introduced a decade ago to try to encourage companies to invest in the oilsands, the current regime requires companies to pay a one per cent royalty on ...

Royalty warning from oilpatch Edmonton Journal - Edmonton, Alberta, Canada - TORONTO - Leaders from the Canadian oilsands sector offered their own warnings Tuesday against tinkering with Alberta's royalty structure, four days before ...

ENERGY: Defying ExxonMobil, NDP calls for increased oilsands royalties Alberta Index - Calgary, Alberta, Canada - The report, Preliminary Fiscal Evaluation of Alberta Oil Sands Terms, written by energy economist Pedro van Meurs and provided to the government on April 12 ...

Lexington Energy on Track for a Strong Start to 2008 CNNMoney.com - USA - With oil prices hovering at record highs, development in Alberta's oil sands is increasing exponentially and the demand for specialized drilling rigs ...

Alta reports call for long-term oil sands plan Ecolog.com (subscription) - Toronto, Ontario, Canada - "It" in this case is the Oil Sands Consultations Multistakeholder Committee (MSC) Final Report and the Aboriginal Consultation Final Report, ...

Crude oil prices set record on drop in supplies AXcess News - Georgetown, KY, USA - Some stocks are expected to weather that storm, especially those which are becoming more deeply entrenched in Canada's vast oil sands field in the Alberta ...

Shell Chief Says `Psychology' Boosting Oil Prices (Update1) Bloomberg - USA - Unconventional assets, such as Canada's oil sands, need prices of more than $30 a barrel, he said. Shell aims to raise long-term production at its Athabasca ...

Petro-Canada Faces Challenge Wall Street Journal - USA - "And I would caution against equating offshore with oil sands -- it's a different kind of project." Previous oil-sands developments have run into ...

More refining needed to process Alta. output Toronto Star - Ontario, Canada - US refineries must be expanded to handle a rising tide of crude-oil imports from Alberta's tar sands, the world's second-biggest oil deposit, ...

Alberta labour minister urges construction workers to end wildcat ... Oilweek Magazine - Edmonton, Canada - EDMONTON (CP) _ As hundreds of construction workers on a wildcat strike rallied in downtown Edmonton today, Employment Minister Iris Evans urged them to ...

Big Oil, bad attitude Edmonton Sun - Alberta, Canada - And specifically the goofy penny-on-the-dollar oilsands royalty which allows outfits like Tillerson's to pay a pittance in economic rent to Albertans while ...

Husky: Lima Refinery To Be Linked To Sunrise Oil Sands Project CNNMoney.com - USA - T) recently acquired Lima, Ohio , refinery will likely tie into the company's Sunrise oil sands project, Chief Operating Officer Robert Peabody said Tuesday ...

Energy industry looking forward to 2008, executives tell oil and ... The Canadian Press - TORONTO - It is also an oilsands company active in producing and processing heavy oil through a 50-50 joint venture with American giant Congo Phillips. ...

ECONOMY: MLA David Coutts presents Alberta's oilsands at ... Alberta Index - Calgary, Alberta, Canada - He delivered a keynote address providing an overview of Alberta's oil sands. The conference will also hear from Canadian Ambassador Michael Wilson and cover ...

OPEC exports predicted to fall putting Canadian oil sands in ... CNNMoney.com - USA - CIBC World Markets expects that Canadian oil sands will surpass deep water wells as the single largest source of new oil exports by decade end. ...

Oil sands facing capacity squeeze Globe and Mail - Canada - Consequently, producers could delay some oil sands projects to try to ensure they don't have to discount their future output to guarantee it gets to market, ...

Nuclear power buyer not for real Edmonton Journal - Edmonton, Alberta, Canada - The Athabasca Oil Sands Project generates 340 magawatts with co-generation units at its northern mine and Scotford bitumen upgrader near Edmonton. ...

Bitumen Who's Who Oilweek Magazine - Edmonton, Canada - Maurice Dusseault is one of the many people who are a product of the Alberta Oil Sands Technology and Research Authority (AOSTRA), which has been replaced ...

On carbon, it's government first, then the markets Globe and Mail - Canada - That obviously has to include the oil sands. According to the National Roundtable on the Environment and Economy projections to 2050, emission reductions in ...

CIBC World Markets Examines Future Of Canadian Oil Sands RTT News - Williamsville, NY, USA - 9/10/2007 1:58:34 PM Jeff Rubin and Peter Buchanan from CIBC World Markets stated that what also makes the Canadian oil sands attractive is not simply their ...

Oil patch's distribution scorecard Globe and Mail - Canada - His best oil-weighted names are ARC, Baytex Energy Trust, Canadian Oil Sands and Crescent Point, all of which have "relatively low distribution risk," he ...

Western Oil Sands CEO exercises options - Insiders Canada.com - Hamilton, Ontario, Canada - Western Oil Sands Inc. president and CEO James Houck exercised 119735 options for company shares at prices from $17.58 and $33.62 on September 4, 2007. ...

Alberta Oilsands Appoints Greg Hu As VP, Exploration Trading Markets - Los Angeles, CA, USA - Greg Hu brings over 20 years of technical expertise, instinct and vision to the Alberta Oilsands team. Founder and president of his own oil sands consulting ...

Canadian oilsands gain importance as others cut exports: CIBC World The Canadian Press - TORONTO - TORONTO (CP) -- Alberta's oilsands could put Canada "in the front ranks" of energy producers in a few years as other oil-producing countries reduce their ...

Oil Sands and Energy Mega-Projects Trust (TSX: OSM.UN) Announces ... Web Services Journal - Montvale, NJ, USA - (the "Manager"), the manager of Oil Sands and Energy Mega-Projects Trust (TSX: OSM.UN) (the "Trust"), announces that the Trust intends to purchase up to ...

Shell could take nuclear option to mine oil from Canadian tar sands Independent - London, England, UK - By Tim Webb Shell is considering using nuclear power to operate its controversial tar sands programme in Canada. Tar sands extraction - mining oil from a ...

Exxon warns against royalty change Canada.com - Hamilton, Ontario, Canada - Tillerson's comments came just days before a commission reviewing the province's take from oilsands, conventional oil and gas, and coal bed methane is set ...

Alberta Oilsands Appoints Greg Hu As VP, Exploration [AOS.V] RTT News - Williamsville, NY, USA - Greg Hu brings over 20 years of technical expertise, instinct and vision to the Alberta Oilsands team. Founder and president of his own oil sands consulting ...

Oil patch feeding frenzy predicted Globe and Mail - Canada - Speaking at a conference for institutional clients, Mr. Rubin, the investment bank's chief economist and chief strategist, anticipates oil sands firms will ...

Purvin & Gertz Introduces Crude Oil & Oil Sands Market Outlook Service Earthtimes.org - USA - 4 /PRNewswire/ -- Purvin & Gertz announces the release of the Crude Oil & Oil Sands Market Outlook. This new service addresses important issues concerning ...

STATOIL SEES OECD PEAK Canada.com - Hamilton, Ontario, Canada - Statoil paid $2.2-billion in April for Calgary-based oilsands startup North American Oil Sands Corp., which it plans to turn into its largest project ...

Quick Money Sunflashes Edmonton Sun - Alberta, Canada Suncor Energy Inc. is reporting a 26% reduction in its greenhouse gas emission intensity since 1990, plus a 51% cut in emissions at its oilsands operations. ...

Alta. warned not to hike royalty rate Regina Leader-Post - Regina,Saskatchewan,Canada Mostly co-operative, stable policy fueled growth, including the first two oilsands plants, until a halt brought on by price controls and tax hikes under ...

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