Oil Sands News

Oil sands mining and investment news

Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Cecilia Jamasmie | May 25, 2015
Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.

Major accommodation supplier is cautiously optimistic

Michael Allan McCrae | May 25, 2015
ATCO outlook david gagne

"I sort of approach it with some tepid enthusiasm from what I can see. We are hopefully going to see a couple of mining projects–predominantly in eastern Canada–that will come to fruition in the next quarter."

Wildfire shuts down two oil sands sites

Andrew Topf | May 24, 2015
wildfire 600x400

A fast-moving wildfire in northeastern Alberta has forced the evacuation of staff at two oil sands facilities representing over 7 percent of Alberta's oil production.

Can the mining industry diversify itself?

The mining industry is said to be one of the worst performers in matters of gender diversity. In fact, women represent only 16% of the workforce in the mining sector.

Oilprice.com

This innovation will help U.S. companies win The Oil Price War

Oilprice.com | May 21, 2015
Shale revolution will make the U.S. world’s top oil producer

Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.

Oil sands stakeholder gives Imperial Metals a $25 million helping hand

Cecilia Jamasmie | May 19, 2015
Oil sands stakeholder gives Imperial Metals a $25 million helping hand

The loan will be used for the development of the company's Red Chris gold and copper mine in northwest British Columbia.

Canada to cut 30% of emissions by 2030, including oil sands

Cecilia Jamasmie | May 15, 2015
Canada to cut 30% of emissions by 2030, does not include oil sands

The ambitious target made that doesn’t seem to include regulation plans for the oil sands sector.

Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

Cecilia Jamasmie | May 14, 2015
Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.

Global CO2 levels reach historic record

Cecilia Jamasmie | May 8, 2015
Global CO2 levels reach historic record

The monthly global average concentration of CO2 in March was the highest since scientists began tracking this greenhouse gas in the global atmosphere.

SNL Energy reports top-paid CEOs

SNL Energy | May 8, 2015
chinese.business.meeting333

2 new SNL Energy reports rank the highest-paid CEO's in 2014 for power and gas utility and for midstream.

NDP seeks to reassure Alberta oil sector and green interests

Globe and Mail | May 8, 2015
oil sands

In Fort McMurray, even New Democrats sport “I Love Oil Sands” T-shirts.

Canadian Natural Resources posts first quarterly loss in five years

Cecilia Jamasmie | May 7, 2015
Canadian Natural Resources posts first quarterly loss in five years

The recent drop in oil prices keeps taking a toll on the company's bottom line.

New dangerous goods rail-car rules a boon to Delta manufacturer

Business in Vancouver | May 7, 2015

A Delta railway equipment manufacturer has its eyes on expanded market opportunities resulting from new requirements for rail cars that carry crude oil and other dangerous goods in Canada and the United States.

Harper takeover rules boon for Canadian resource firms

Bloomberg | May 7, 2015
Canada’s Prime Minister ‘very concerned’ about claims of espionage in Brazil’s mining sector

Energy and mining industries, hammered by a commodity slump, are poised to be the biggest beneficiaries of looser Canadian foreign-takeover rules.

TIMELINE: Offshore oil drilling history

North Sea Workwear | May 5, 2015
important oil discoveries

We've come a long way.

Canadian First Nations offered $1bn to approve gas project

CBC News | May 4, 2015

A Petronas-led natural gas partnership in British Columbia is offering a Canadian aboriginal community Cdn$1bn to approve a new energy project.

Church of England $14bn fund blacklists coal, oil sands 

Frik Els | April 30, 2015
Church of England $14 billion investment fund bans coal, oil sands

Only primary producers like Peabody will be excluded from investment portfolio so a BHP or Glencore could still make the grade. Met coal also fine.

Oilprice.com

Have natural gas prices bottomed?

Oilprice.com | April 29, 2015

Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings.

Canadian oil sands set to benefit from low crude output

Cecilia Jamasmie | April 28, 2015
Canadian oil sands set to benefit from low crude output

Western Canadian Select crude, North America’s best-performing grade in the past month, may strengthen further as reduced drilling frees up pipeline room.

Frank Holmes - U.S. Global Investors

Finding Value in Declining Commodity Prices

gold bars

Amazingly enough, precious metals are the best-performing commodities sub-sector so far this year, having collectively lost 2.5 percent.

Oil sands woes set to deepen as shaky petro-dynasty risks defeat

Bloomberg | April 28, 2015
Jim Prentice Alberta

One of the world’s longest-running political dynasties is on the brink of losing power, threatening to make life tougher for companies toiling in Canada’s oil patch.

Life coming back to the global exploration sector

Cecilia Jamasmie | April 27, 2015
Life comes back to the global exploration sector

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

Half of U.S. fracking companies will be dead or sold by the end of this year

Bloomberg | April 23, 2015

Half of the 41 fracking companies operating in the U.S. will be dead or sold by year-end because of slashed spending by oil companies, an executive with Weatherford International Plc said.

Oilprice.com

Is this where investors should be looking when oil recovers?

Oilprice.com | April 22, 2015

When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada's western frontier of Saskatchewan and neighboring Alberta will 'still have the edge', according to a report from TD Economics.

The fossil fuelled economy

Builtvisible | April 22, 2015
Colleen - sea, oil, oilfield, fuel, petroleum, production, gas, steel, pipe 333

The price of oil has historically had a huge affect on the global economy but how does it impact on our lives in general?

Why Kal Kotecha is still sticking with his New Year's resolution

The Gold Report | April 21, 2015

Kal Kotecha, founder and editor of Junior Gold Report, says now is the time to be buying resource stocks, especially gold equities.

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