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TODAY'S OILSANDS NEWS



Oil sands to take hit from U.S. bill (The Globe and Mail)
OTTAWA and CALGARY -- Alberta's oil sands producers and their U.S. refiners face sharply higher costs to reduce greenhouse gas emissions under legislation approved by the U.S. House of Representatives and championed by U.S. President Barack Obama.

Clinton asked to keep oil sands fuel out of U.S. (National Post)
An environmental group on Wednesday asked U.S. Secretary of State Hillary Clinton to deny permits for pipelines that would bring oil from Canada?s tar sands to the United States.

Thunder Bay Oil Sands Consortium Delivers Local Contracts (Lake Superior News)
THUNDER BAY, ON ---- June 26, 2009 ---- The concept of the Thunder Bay Oil Sands Consortium was born in 2006 after a presentation to local businessmen by the Canadian Manufacturers and Exporters Association.

Opti shares plunge as TSX blocks stock offering (National Post)
Shares of oil sands developer Opti Canada Inc plunged as much as 30% on Thursday after the Toronto Stock Exchange declined approval for a planned stock offering

Green group asks U.S. to bar Canada oil sands (Reuters via Yahoo! News)
An environmental group on Wednesday asked U.S. Secretary of State Hillary Clinton to deny permits for pipelines that would bring oil from Canada's oil sands to the United States.

Canada to match U.S. climate rules (The Globe and Mail)
GLOBAL ENERGY REPORTER, OTTAWA -- Canada will adopt climate-change regulations comparable to those of the United States - including new rules for oil sands producers and refiners - to avoid punitive "green" tariffs, Environment Minister Jim Prentice says.

Oil sands to take hit from U.S. bill (The Globe and Mail)
Producers and their U.S. refiners face sharply higher costs

Alberta to back three carbon capture projects (Reuters via Yahoo! Canada News)
The Alberta government said on Tuesday it will support three carbon capture and storage projects from a C$2 billion ($1.7 billion) fund set aside last year as the Western Canadian province looks to cut emissions from coal-fired power plants and oil sands projects.

(AFX UK Focus) 2009-06-30 22:27 Alberta to back three carbon capture projects (Interactive Investor)
CALGARY, Alberta, June 30 (Reuters) - The Alberta government said on Tuesday it will support three carbon capture and storage projects from a C$2 billion ($1.7 billion) fund set aside last year as the Western Canadian province looks to cut emissions from coal-fired power plants and oil sands projects. The province said it expects to provide up to C$100 million this year for design and ...

(AFX UK Focus) 2009-06-30 16:34 Opti revamps share offer to clear TSX hurdle (Interactive Investor)
CALGARY, Alberta, June 30 (Reuters) - Oil sands developer Opti Inc said on Tuesday it has re-priced a secondary offering that will boost its outstanding shares by nearly half, after the Toronto Stock Exchange blocked approval of the issue last week because the price was too low. Opti, which has a 35 percent stake in Nexen Inc's Long Lake oil sands project, said it will issue at least 85.72 ...



More Oil Sands Stories...

Alberta Oil and Gas Royalty

Review Panel Report PDF


U.S. Energy Information Administraion Press Releases

World Energy Use Projected to Grow 44 Percent Between 2006 and 2030
(Wed, 27 May 2009) World marketed energy consumption is projected to grow by 44 percent between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 (IEO2009) released today by the Energy Information Administration (EIA).

U.S. Energy-Related Carbon Dioxide Emissions Declined by 2.8 Percent in 2008
(Wed, 20 May 2009) U.S. carbon dioxide emissions from fossil fuels decreased by 2.8 percent in 2008, from 5,967 million metric tons of carbon dioxide (MMTCO2) in 2007 to 5,802 MMTCO2 in 2008, according to preliminary estimates released today by the Energy Information Administration (EIA). This is the largest annual decline in energy-related carbon dioxide emissions since EIA began annual reporting on greenhouse gas emissions.

EIA to Release International Energy Forecasts
(Fri, 15 May 2009) EIA presents projections of world energy supply and demand through 2030 with the release of the reference case projections from International Energy Outlook 2009.

U.S. Nuclear Electricity Generation at Record Level in 2008
(Wed, 01 Apr 2009) Total nuclear generation reached a new high of 808.97 million megawatt hours, a slight increase over the 806.49 million megawatt hours generated in 2007 according to preliminary Energy Information Administration (EIA) data.

Energy Information Administration 2009 Energy Conference: A New Climate for Energy
(Thu, 19 Mar 2009) The Energy Information Administration (EIA) will hold its 2009 Energy Conference at the Washington Convention Center on April 7 and 8, 2009, with the title "A New Climate for Energy." Dr. Steven Chu, Secretary of Energy, will deliver the keynote address to the opening plenary

EIA to Release Summer Fuels Outlook
(Fri, 13 Mar 2009) EIA presents its outlook for gasoline and other fuels with the release of its April 2009 Short-Term Energy Outlook at a press conference as part of the 2009 Summer Energy Outlook Conference.

U.S. Electricity Generation and Sales Set New Records in 2007
(Wed, 21 Jan 2009) Electricity generation and electricity sales reached record levels in 2007, according to Electric Power Annual 2007, released today by the Energy Information Administration. Following a year of relatively weak growth in 2006, net generation of electric power increased by 2.3 percent, rising to 4,157 million megawatthours and retail sales rose by 2.6 percent to 3,765 million megawatthours in 2007. Get all the details...

Energy Information Forecasts

Education Center (CattleNetwork.com)
NEW YORK (Dow Jones)--Natural gas futures slid Thursday as traders sold contracts ahead of Independence Day weekend, looking ahead to forecasts of mild weather in some of the major gas-consuming regions of the U.S. over the next two weeks.

Oil steady above $69 after fall on gasoline build (Reuters via Yahoo! News)
Oil prices were little changed just above $69 a barrel on Thursday, after falling in the previous session on data showing a larger-than-expected increase in U.S. gasoline stocks, which dented hopes of a demand recovery.

Oil falls on stockpile of U.S. gasoline (National Post)
Oil prices fell on Wednesday after government data showed an increase in U.S. gasoline inventories ahead of the July 4 Independence Day holiday, traditionally the peak of the summer driving season.

US GAS: Futures End Lower On Weather, Inventories (CattleNetwork.com)
NEW YORK (Dow Jones)--Natural gas futures finished lower Wednesday as ample inventories and forecasts of cool weather in the Northeast drove prices lower.

Oil falls near $69 (CNN Money)
Government data shows gasoline supplies rose by 2.3 million barrels last week.

Wall Street looks for early pop (CNN Money)
U.S. stocks were poised to open higher on Wednesday - the first day of the third quarter - as investors digested opposing employment reports and awaited data on manufacturing and home sales.

Oil steady below US$70 (Stuff)
Oil prices held steady just below US$70 a barrel after falling in the previous session.

We've changed our look! (Ireland Business World)
Welcome to our brand new look. We've redesigned our site to give you quicker and clearer access to the information you need. Let us know if you like it, and even more so if you'd like us to fine tune it further.

GLOBAL MARKETS: European Stocks Sharply Lower; Payrolls Eyed (The Forex Market)
LONDON (Dow Jones)--European stocks pushed sharply lower Thursday, as investors adopted a cautious stance ahead of the key U.S. employment report for June.

Cisco: Billions Ahead in Smart Connected Buildings (InternetNews.com)
New effort aims to manage and optimize commercial buildings' energy usage while raking in the dough.