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Oil Sands News Digest
Saturday 24 June 2017
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News come as the Calgary-based firm is trying to win over investors upset by its $17.7-billion acquisition of oil sands and natural gas assets from ConocoPhillips Co.

Move seeks strengthening the firm’s position as energy markets recover.

S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.

Construction of the $7.4 billion project is scheduled to begin in September and should be completed by December 2019.

Transaction could become one of the country’s one of the biggest-ever equity sales.

The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.

Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, according to the Canadian Association of Petroleum Producers.

According to the EIA's Drilling Productivity Report, productivity (as opposed to absolute production) is set to fall next month in the Permian Basin.

The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle Eastern producers, Russia, and now the U.S. are vying for market share.

Managing large-scale camps in remote locations involves balancing complex components across various systems.

Only after a project got a conditional yes or no from the federal government would it enter a two-year environmental review.

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