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Copyright © 2010: PennWell Corporation
All Rights Reserved.
Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Alberta Oil Sands
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Alberta oil sands investment to recover by yearend
The expected economic recovery in developing the oil sands in Alberta may start in late 2009 or early 2010, said Robert J. Mason, managing director, head of oil sands, investment banking, global energy, and power group, TD Securities Inc., Calgary.
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Continued Alberta oil sands production growth seen
Forecasts are starting to indicate a rebound in activity for developing bitumen production from the oil sands in Alberta.
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Watching Government: Alberta oil sands regulation
Officials from the Alberta agency that regulates oil and gas visited Washington, DC, in early May to deliver a basic message: Production of oil from the Canadian province's substantial oil sands won't be allowed to destroy the environment there.
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Suncor plans turnaround work for Alberta oil sands plant
Suncor Energy Inc., Calgary, let a contract to KBR Canada to carry out turnaround services next year for its oil sands plant in Fort McMurray, Alta.
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CanWest to drill Alberta oil sands prospect
CanWest Petroleum Corp., Calgary, plans to drill 12 exploratory holes this winter on the Eagle Nest Prospect in the Athabasca oil sands of Alberta.
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Fort Hills plans Alberta oil sands upgrader
Fort Hills Energy Corp. plans to build an oil sands upgrading facility on 1,800 hectares in Sturgeon County, 40 km northeast of Edmonton, Alta.
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South Korea to buy Alberta oil sands field
South Korea has signed an agreement to buy a 100% stake in the Blackgold Mine oil sands field in the Cold Lake region of Alberta.
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Alberta oil sands project partners award gas turbine supply contract
Joint venture partners Nexen Inc. and OPTI Canada Ltd., both of Calgary, awarded a contract to GE Energy, a division of General Electric Co., Atlanta, for the supply of gas turbines for the JV's Long Lake oil sands project in Alberta.
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Alberta oil sands projects accelerate despite soft prices, cost overruns
The pace of oil sands development in northern Alberta is quickening, despite soft oil prices and substantial cost overruns on projects under way. More than 63 projects costing more than $51 billion (Can.) have been announced in the past 5 years.
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CERI: Alberta oil sands industry outlook 'very robust'
Canada's oil sands industry in Alberta has a "very robust" future—given a reasonable outlook for oil prices and that it can overcome a number of challenges.
