Oil Sands News

Oil sands mining and investment news

EU spares Canadian oil sands the ‘dirty fuel’ label

Cecilia Jamasmie | December 17, 2014
EU spares Canadian oil sands the ‘dirty fuel’ label

The vote of the full plenary was prompted earlier this month when the EU's environment committee rejected a deal worked out after more than two years of lobbying by Canada.

Peter Schiff - Euro Pacific Capital

Black gold loses glitter

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments.

Global economy: why it’s a year-end “mess”

Daily Gains Letter | December 13, 2014

The blue-chip Dow Jones Industrial Average (DJIA) fell 185 points on Tuesday, prior to rallying to cut its loss—but this was followed by a 170-point intraday decline on Wednesday.

BP-Husky new Canadian oil sands project begins operations

Cecilia Jamasmie | December 12, 2014
BP-Husky new Canadian oil sands project begin operations

The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.

Fracking bans unjustified, says Fraser Institute

Business in Vancouver | December 11, 2014
Fracking

Hydraulic fracturing, or fracking, is not without its risks, but outright bans are unjustified: Fraser Institute

Oilprice.com

Norway's oil decline accelerating

Oilprice.com | December 10, 2014

New oil projects are being scrapped in Norway amid falling production and low oil prices.

Larger players account for 40% of global exploration budgets

SNL Metals & Mining | December 9, 2014
Low metal prices put chill on global mineral exploration

A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion worldwide exploration total.

Obama’s ’Colbert’ show appearance no laughing matter for Canada’s oil patch

Canadian Press | December 9, 2014

In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. That’s because the featured guest appeared to take a dig at the industry’s long-awaited, long-delayed Keystone XL pipeline project.

Keith Schaefer - Oil and Gas Investments Bulletin

Alberta Gas – All Dressed Up and No Place to Go?

Canadian natural gas prices could drop by well over half in 2015 as new pipelines allow very cheap Marcellus gas to flood North America says a November 4 report by Canadian brokerage firm Macquarie Securities.

Micro-Cap E&Ps with less risky businesses: Casimir's Philip Juskowicz

The Energy Report | December 5, 2014

Many small-cap exploration and production companies have had a good run in recent years, but are now getting whacked given their strong connections to oil prices.

Oilprice.com

Could falling oil prices spark a financial crisis?

Oilprice.com | December 4, 2014
New low in oil prices drags BHP Billiton stock below 2009 levels

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns.

Canadian premiers say Energy East pipeline a 'nation-building' exercise

Cecilia Jamasmie | December 3, 2014
Canadian premiers say Energy East pipeline a 'nation-building' exercise

Ontario and Alberta agree the controversial $12bn Energy East pipeline is a “nation-building” exercise and said they'd work together on the issue.

Canadian Natural Resources chairman sees oil touching US$30 a barrel

Financial Post | November 29, 2014

Canada’s oil industry faces a year of “tough slugging,” including the deferment of many projects, as oil prices collapse to as little as US$30 a barrel then likely stabilize around US$70 to US$75 a barrel, oil entrepreneur Murray Edwards predicted Friday.

Visual Capitalist

INFOGRAPHIC: the performance of every major asset class so far in 2014

Visual Capitalist | November 27, 2014
Working graphs calculator mining

This all encompassing chart, straight from Deutsche Bank, summarizes the YTD performance of all major asset classes including stocks, government and corporate bonds, currency markets, gold, and commodities.

Oil sands producers aim to cut water usage by 50% by 2022

Bloomberg | November 25, 2014

Canadian oil sands producers set a target to lower the amount of fresh water used in bitumen processing by 50% by 2022 in a bid to reduce harm to the environment, an industry group said.

Oilprice.com

Follow the sand to the real fracking boom

Oilprice.com | November 25, 2014

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom.

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.

More »