Oil Sands Mining News

The battle for bitumen: High-stakes politicking in Washington over Canadian oil sands

The Tyee online news-site, best known for edgy coverage of British Columbia politics, is publishing a series of reports on the hard-ball politicking going on in the corridors of power in Washington over Canadian oil sands. In the first installment, journalist Geoff Dembicki sets the stage for what he describes as a showdown between environmental groups and oil sands lobbyists: The battle line divides two viscerally opposed camps: Those arguing that North America's deepening dependence on Alberta's oil sands industry represents a pragmatic solution to looming energy crises, and those who say relying on oil sands crude marks an irreversible step closer to climate change catastrophe.

Active management now needed in the commodity space – Investec

Investors banking on an across-the-board rise in commodity prices this year are setting themselves up for a fall and they should instead be actively managing for winners, Investec Asset Management said. After several years of commodity prices moving largely as one, Investec's co-chief investment officer Mimi Ferrini looks favourably on active strategies that are bullish on natural gas and crude oil, while playing the interaction between the asset class and related equities, like gold mining companies.

Imperial Oil CEO backs Keystone pipeline expansion

As unrest in Libya, Saudi Arabia and other Middle Eastern countries continues to put pressure on the price of oil, the head of Imperial Oil Ltd. is backing a multi-billion-dollar expansion project to bring Canadian oilsands crude to U.S. markets. The Wall Street Journal reports: A pipeline project that's pending U.S. approval is necessary to ensure the reliability and security of oil supplies to the world's largest oil consumer, the head of Imperial Oil Ltd. (IMO) said. Imperial Oil is a Canadian company majority owned by Irving, Texas-based Exxon Mobil Corp. (XOM), the world's largest publicly traded oil company.

Pan Orient announces closing of Can$45 million bought-deal financing

Pan Orient Energy completed a previously announced bought deal financing of 6,870,240 common shares at a price of $6.55 per Common Share for gross proceeds of $45,000,072 on a private placement basis. The syndicate of underwriters was co-led by Raymond James Ltd. and Macquarie Capital Markets Canada Ltd. and included GMP Securities L.P., Canaccord Genuity Corp., Mackie Research Capital Corporation, Haywood Securities Inc. and Paradigm Capital Inc.

TECHNICAL PAPER: A shaking idea for oil sands fine tailings management

This article focuses on oil sands fine tailings management prior to being discharged to a final tailings dam so as to suggest a more sustainable solution.

Total's Joslyn oil sands mine approved

A review panel has conditionally approved Alberta's nineth oil sands mine, giving its blessing to an application from French energy giant Total SA, the Globe and Mail has reported.

Insitu: Oil Sands Mining Goes Underground

Think of oil sands mining, and images of mammoth machinery, digging and hauling bitumensoaked sand from pits to processing plants, immediately spring to mind. The procedure is dirty, requires huge amounts of natural gas and water, and scars the landscape to such […]

The BP Blowout, the Oil Sands and Peak Oil: An Interview with Rick Rule

HERA RESEARCH NEWSLETTER: How will the BP catastrophe in the Gulf of Mexico affect the US oil and gas market? Rick Rule: What interests me — the fly in the ointment — about the blowout […]

The Challenges and Potential of Canada’s Oil Sands

Once considered too expensive and damaging to the land, exploitation of Canada’s oil sands is now a venture worth billions. The country has proven oil reserves of more than 170 billion barrels—second only to those in Saudi Arabia. Much […]

Oil Sands Tailings: What Needs to be Done

The accumulation of mature fine tailings (MFT) in tailings ponds has been a concern of the oil sands industry for nearly four decades. However, even when a few measures have been implemented, the industry is still using processes that […]

OIL SANDS EXPANSION: Syncrude's plans include Aurora South mine

Canadian Mining Journal reports that ALBERTA – Calgary's Canadian Oil Sands Trust, 37% owner of the Syncrude project near Fort McMurray, has announced plans to expand synthetic crude oil production to 425,000 bbl/day by the […]

Caterpillar dealer Finning wins big contract for new Alberta oil sands mine

Imperial Oil has chosen Finning as a mining mobile equipment supplier for the Kearl oil sands project. The ten-year agreement includes the supply of Caterpillar equipment, parts, specialized maintenance labour and training. The Kearl project is envisioned to be developed in three phases and could ultimately produce more than 300,000 barrels/d of bitumen. The first [...]

Do Canada's oil sands deserve ‘World's Dirtiest Commodity' label?

Development and mining of a vital resource - Canada's huge Alberta oil sands - has given rise to both environmental and climate change accusations. Is this justified?

TAILINGS RETREATMENT: Oil sands projects receives federal funding

ALBERTA — Titanium Corporation of Edmonton will receive up to $4.9 million in federal funds fromSustainable Development Technology Canada(SDTC) for its "Creating Value from Waste" project. ….more at Canadian Mining Journal

Project News paints a diverse metals and minerals picture

Latest issue of International Mining Project News available (July 17): This issue we cover a wide variety of minerals and metals ranging from the usual batch of iron ore, cobalt, gold, silver, uranium, zinc and nickel projects to oil sands, fluorspar, potash, tin and chromium projects. We also have reports from two diamond projects (one in [...]

Major Long Term Effort Needed To Reduce Oilsands Emissions To Level Of Conventional Oil, Study Says

AutoServiceWorld.com Bodyshop Broadcaster Brownfields Marketplace Building Canadian Interiors Cabling Networking Systems Canadian Architect Canadian Industrial Equipment News Canadian Underwriter Canadian Consulting Engineer Canadian Plastics Canadian

Alberta's 20-year plan for oilsands development is short on specifics

Canadian Business (February 12, 2009) - Alberta has released a 20-year plan intended to give its oilsands developments a cleaner environmental image around the globe, but the strategy is light on specifics. The government report calls for action to reduce emissions, curb fresh water use and cut tailings produced by oilsands projects. But the 50-page document offers no details on how measures to achieve these goals would be enforced.

Rimex to build new wheel-rim maintenance facility for oil sands

ALBERTA – Rimex Supply of Surrey, B.C., says its new wheel-rim maintenance facility in Edmonton will be opening in September 2008. The company will provide inspection, maintenance and repairs for operators in the oil sands […]

Rimex to build new wheel-rim maintenance facility for oil sands

ALBERTA – Rimex Supply of Surrey, B.C., says its new wheel-rim maintenance facility in Edmonton will be opening in September 2008. The company will provide inspection, maintenance and repairs for operators in the oil sands […]

OIL SANDS ACQUISITION – AMEC pays $45M for in-situ specialist

CALGARY - AMEC is going to acquire BOWER DAMBERGER ROLSETH ENGINEERING (BDR), a specialist in the in-situ oil sands... [Full Story]

Far-flung employees still part of the "family"

EDMONTON – For some industries the need for a sudden and massive influx of skilled workers in a remote area is the norm, not the exception. For 30 years the PTI GROUP has specialized in […]