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

SEC enacts new order to curb short selling

Oct 1, 2008 Just last month, Oil & Gas Financial Journal covered the issue of short selling stocks.

SEC enacts new order to curb short selling

Sep 30, 2008 The September issue of Oil & Gas Financial Journal covered the issue of short selling stocks (click here to view).

At the time, an unprecedented emergency order put in place by the SEC aimed to shield certain financial institutions against unlawful market manipulation had just ceased.

The SEC has just issued a new order, and this time, 799 institutions are on the list.

Oxy signs agreements with Libyan NOC; ramps up EOR projects

Aug 1, 2008 While Occidental Petroleum Corp. has secured its place as the fourth largest US oil and gas company, it is not stopping there.

OGFJ partners with CanOils to offer data, analysis on Canadian firms

Dec 1, 2007 OGFJ has teamed up with CanOils, Canada’s independent provider of oil and gas company information and analysis, to create the OGFJ Canadian 100.

Alberta should listen to industry experts

Nov 1, 2007 The energy-rich Canadian province of Alberta wants a bigger slice of the energy pie, so in February the government appointed a blue-ribbon panel to review energy royalties and come up with a plan to increase the government’s take.

Part 2: Expanding future roles for Canada and Mexico - The North American gas economy

May 1, 2007 EDITOR’S NOTE: This 2-part series of articles examines the production, transportation, and marketing of natural gas in the economy of North America, how it is continuing to evolve, and important trends that will affect demand and prices.

Industry Briefs

Feb 1, 2007 Contact Exploration Inc. has approved brokered and non-brokered private placements totaling $5 million.

Energy Players

Feb 1, 2007 N. Malone Mitchell, 3rd has resigned as president and COO of SandRidge Energy Inc.

Industry Briefs

Aug 1, 2006 FMC Technologies has been chosen by Chevron Frade LLC, a subsidiary of Chevron, to supply subsea systems for its Frade project, offshore Brazil.

Majors expanding visibility in US upstream sector

Jul 1, 2006 ConocoPhillips’ acquisition of Burlington Resources may be an indication that the super majors are contemplating moving back into the US upstream energy sector, much of which has long since been taken over by independents.

Special Report: Canada - Unlocking Canada’s oil sands

Jun 1, 2006 Rapid increases in oil production from Alberta’s oil sands deposits have more than offset declines in conventional oil from Canada.