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

How to keep from sinking in Canada’s oil sands

Jun 1, 2009 The dos and don’ts of cost reduction in the energy sector.

How to keep from sinking in Canada's oil sands

Jun 1, 2009

The dos and don’ts of cost reduction in the energy sector.

OGFJ, CanOils present 2008 year-end data, analysis on Canadian firms

Jun 1, 2009 Despite last year’s high oil prices, the top 100 Canadian producers barely managed to maintain output levels in 2008.

Imperial Oil approves first phase of Kearl oil sands project

May 27, 2009

Imperial Oil Ltd.'s board of directors has approved the first phase of the Kearl oil sands project, a surface mining operation northeast of Fort McMurray, Alberta.

IHS study sees oil sands move from the "fringe to center" of energy supply

May 18, 2009

Technological advance in the Canadian oil sands has made Canada the world's second largest holder of recoverable oil reserves, after Saudi Arabia, and "an increasingly important part of the fabric of hemispheric and global energy security", according to a new major study, Growth in the Canadian Oil Sands: Finding a New Balance by IHS Cambridge Energy Research Associates (IHS CERA).

M&A leader says low valuations are driving activity

May 1, 2009 AN INTERVIEW WITH ADAM WATEROUS, GLOBAL HEAD OF INVESMENT BANKING, SCOTIA CAPITAL

Enerplus defers further development at Kirby oil sands project

Apr 19, 2009

North America's largest conventional oil and natural gas income fund, Enerplus Resources Fund, is deferring further development of the Kirby Oil Sands project.

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.