Oil Sands

Surprising to many, Canada is the No. 1 oil exporter to the United States. Increasingly, these supplies come from Canada’s oil sands in northern Alberta. That province’s estimated oil sands deposits are in excess of 1.7 trillion barrels of crude bitumen. More than $91 billion has been invested in the oil sands in recent years and over $170 billion in oil sands-related projects. Venezuela and California are also heavy oil producers.

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Canadian Oil Sands
Canadian Oil Sands

Oil Sands News

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Jun 28, 2010

Connacher starts up Algar SAGD plant

Jun 28, 2010 Connacher Oil & Gas Ltd. reported the start up of its 10,000 b/d Algar steam-assisted gravity drainage plant at its Great Divide oil sands complex in northeastern Alberta.

Offshore spill not a reason to oppose an onshore pipeline

Jun 25, 2010

Follow the logic: A blowout in deep water causes a massive oil spill that soils beaches, disables wildlife, and disrupts fishing and tourism; therefore, a pipeline that would carry oil produced onshore over land shouldn’t be built. Isn’t something missing here?

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Jun 14, 2010

Canada's share grows as US oil suppliers change

Jun 14, 2010 In 2009, when domestic production satisfied only 40% of its demand for oil, the US relied on imports from 40 countries.

Canadian oil sands to lead US imports

Jun 14, 2010 Canadian oil sands are poised to become this year the main source of crude imports by the US, according to new research from IHS Cambridge Energy Research Associates, Inc.'s (IHS CERA) Canadian Oil Sands Dialogue.

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Jun 14, 2010

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Jun 7, 2010

Program steers oil sands start-up toward long term

Jun 7, 2010 While every long-term asset play begins life as a start-up, not every start-up succeeds in becoming a sustainable long-term asset.

There's the rub

Jun 7, 2010 It is possible that the Deepwater Horizon debacle will have the same kind of damper effect on offshore oil output that Three Mile Island and Chornobyl did on nuclear energy.

ESAI review: $70-90/bbl oil seen as sustainable range for next 2 years

May 17, 2010 In its latest Stockwatch Quarterly Review, Energy Security Analysis Inc. (ESAI), Boston, forecasts that over the next 2 years, the fundamentally sustainable price range for crude is $70-90/bbl.

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May 10, 2010

ESAI sees $70-90/bbl oil over next 2 years

May 6, 2010

In its latest Stockwatch Quarterly Review, Energy Security Analysis Inc. (ESAI), Boston, forecasts that over the next 2 years, the fundamentally sustainable price range for crude is $70-90/bbl.

NEB notes shift toward BC in Canadian natural gas deliverability

Apr 26, 2010 Gas deliverability in Canada will continue to decline through 2012 as production falls in Alberta and rises in British Columbia, says the National Energy Board.

CHINA'S ENDOWMENT—2: China assesses unconventional land oil shale, oil sands, coal gas resources

Apr 26, 2010 The China National Petroleum Assessment (2003-07) evaluated coalbed methane, oil shale, and oil sands resources in Chinese onshore basins.
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