Oil Sands News

Oil sands mining and investment news

Quebec sets conditions for TransCanada as poll shows falling support for pipeline

Cecilia Jamasmie | November 20, 2014
Quebec sets conditions for TransCanada as poll shows falling support for pipeline

TransCanada Corp’s key projects face increasing hurdles locally and across the border.

Just how much is the oil price drop hurting oil sands projects?

Macleans | November 20, 2014

Over the past few weeks the price of crude has dropped significantly, and with it we’ve seen significant discussion of the continued viability of oil sands projects.

Quebec is Canada’s worst region for oil investment; Alberta, the world’s best

Fraser Institute | November 20, 2014
Miners avoided Quebec last year, investments plunged 34%

Vancouver-based Fraser Institute’s annual Global Petroleum Survey 2014 is out.

Marin Katusa: winter is coming—how investors can win in the 'Colder War'

The Energy Report | November 20, 2014

Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin is winning.

How Brett Wilson beat the big banks to build an energy powerhouse

CEO.CA | November 20, 2014

When a businessman of the calibre of Brett Wilson grants CEO.ca an interview, we aren’t going to waste his time with softball questions.

Michael Torrance - Norton Rose Fulbright

What you need to know about the Canadian government's corporate social responsibility initiative

corporate social responsibility mining norton rose

Being eligible for “enhanced Government of Canada economic diplomacy.”

Only 38 pct of aboriginal Canadians have a favourable perception of mining

PR Associates | November 18, 2014
suvey of aboriginal perception of mining

About 1,200 Aboriginal communities are located within 200 kilometres of approximately 180 producing mines.

Cecilia Jamasmie

Final decision on Keystone XL pipeline may end up in Nebraska’s hands

Cecilia Jamasmie | November 17, 2014
Final decision on Keystone XL pipeline may end up in Nebraska’s hands

While most senators support the pipeline, a binding vote has not been held in the Senate under a Democratic majority since 2012.

Angelos Damaskos: five juniors that insulate investors from today's low oil prices

The Energy Report | November 14, 2014
oil_price_drown_glut

Angelos Damaskos, principal adviser of the Junior Oils Trust, admits that he finds the recent collapse in oil price a mystery. Nonetheless, he has no doubt that demand will compel higher prices in the medium and long term.

Obama blasts Keystone as U.S. House votes in favour of approving it

Cecilia Jamasmie | November 14, 2014
Obama blasts Keystone pipeline ahead of vote on potential approval

Veto likely if passed by Congress.

Alberta seen growing at slowest pace in 5 years after oil prices plunge

Bloomberg | November 14, 2014
Alabama explores potential of tapping into its oil sands reserves

Alberta, which derives a quarter of its economy from the oil sands and other energy resources, is poised to grow at the slowest pace in five years as crude prices slump.

Oilprice.com

Early signs of a pullback In drilling activity

Oilprice.com | November 13, 2014

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending.

Canadian miners performance down 15% in Q3 on falling metal prices

Cecilia Jamasmie | November 13, 2014
Canadian miners performance down 15% in Q3 on falling metal prices

Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.

What slowdown? Mining equipment market to grow 8.4% a year

Frik Els | November 11, 2014
What slowdown? Mining equipment market to grow 8.4% a year

Mining equipment market to grow at compound annual rate of 8.42% to $134 billion through 2019 surpassing the market for construction equipment.

John Faraguna - Hays

Hiring stabilises, but demand for highly skilled professionals remains

John Faraguna - Hays | November 7, 2014
oil worker hiring hays feat

We expect a consolidation in the oilfield services sector as companies look to cut costs and reduce surplus assets.

SEC probes Joy Global over acquisition of Chinese firm

Cecilia Jamasmie | November 7, 2014
SEC probing Joy Global over acquisition of Chinese firm

The SEC is looking into Joy's acquisition of International Mining Machinery Holdings Ltd of China for about $1 billion and related accounting matters.

Oilprice.com

The driving force behind the US oil boom

Oilprice.com | November 6, 2014

The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics.

Enbridge swings to loss, but beats estimates on oil sands transport

Cecilia Jamasmie | November 5, 2014
Enbridge swings to loss, but beats estimates on oil sands transport

The company's Line 9B reversal project has been delayed after the National Energy Board requested additional info last month.

BHP Billiton to export US oil without permit

Cecilia Jamasmie | November 5, 2014
BHP Billiton to export US oil without permit

The move is considered another sign that Washington’s decades-old federal ban on crude exports is crumbling.

TransCanada Keystone XL pipeline to cost $8 billion

Cecilia Jamasmie | November 4, 2014
TransCanada Keystone XL pipeline to cost $8 billion

The price tag for the pipeline has jumped nearly 50% during six years of delays.

TransCanada Corp. submits massive 30,000-page application for Energy East pipeline

Financial Post | November 2, 2014

After speaking to 7,000 individuals, 5,500 landowners and 158 First Nation and Metis communities across six provinces, TransCanada said it has submitted its 30,000-plus-page application for the Energy East pipeline.

Nova Scotia to use fracking waste at cement plant

Cecilia Jamasmie | October 29, 2014
Nova Scotia to use fracking waste at cement plant

Five million litres of wastewater will be disposed at the Brookfield-based plant following a successful pilot project earlier this spring.

Why Matt Badiali says Hillary Clinton could be remembered as one of the best Presidents ever

The Mining Report | October 29, 2014
hillary_clinton

Cheap oil prices and the economic prosperity they bring can make politicians and investors look smarter than they are.

Do Falling Oil Prices Change the Math on Keystone?

National Journal | October 28, 2014

Proponents of the project have long argued that even if Keystone XL, a proposed cross-border pipeline to link Canada's oil sands with Gulf Coast refineries, is not built, oil-sands crude will get to market via rail transport or other means

Canada's oil sands group commits to environmental impact reduction

Wall Street Journal Online | October 28, 2014
Oil sands advocate, tired of smears against Alberta, takes on celebrity activists in PR war

The head of a group of Canadian oil sands producers, including some of the world’s biggest energy companies, said Monday that the consortium has committed to reducing the use of fresh water at some operations.

Cenovus oil sands production increases 23 percent

cenovus | October 26, 2014
Alberta regulator approves Cenovus oil sands project

Company generates nearly $1 billion in cash flow.

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