Oilsands Mining News

Enbridge CEO Al Monaco: a final investment decision on the Northern Gateway project could be determined in 2016

Responding to a question, Monaco said it’s too early to speculate on whether Enbridge might consider a location other than Kitimat.

INFOGRAPHIC: The race for Arctic domination

Russia, Canada, Norway, Denmark and the United States are posturing for Arctic supremacy.

Global oil fundamentals on the eve of Opec

After a year and a half of lower crude prices, there is little expectation that Opec, under pressure from dominant force Saudi Arabia, will change course at this week’s meeting.

LNG boomtowns: fact or fiction?

There is a steady stream of stories on the potential benefits liquefied natural gas will bring to the Peace Region.

Canada's Ecofiscal Commission determines that most of the economy would be unaffected by a carbon tax

“It’s very important to think about designing a carbon price system that takes seriously the competitiveness challenges,” said Chris Ragan, chair of the commission.

Saudis planning for a war of attrition in Europe with Russia's oil industry

Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

World’s biggest oil companies—A historical look

Read our infographic below to see how over a century of mergers and acquisitions have produced the world’s 10 largest oil companies.

INFOGRAPHIC: The industrial internet, and how it's revolutionizing mining

Learn in today's infographic how the "Industrial Internet", or the convergence of the global industrial sector with big data and the internet of things, is ushering in a new age of efficiency in mining.

Oil megaprojects won't stay on the shelf for long

One casualty of the oil price downturn could be the megaproject.

Marin Katusa's transformative vision of a post-Fission/Denison merger uranium world

Marin Katusa, founder of Katusa Research, shares his insight on why Fission investors rejected the deal and where he is finding value in the uranium and oil sector today.

Stop blaming OPEC for low prices

Why is it that the responsibility for balancing the market falls on OPEC? Why should OPEC be the one to fix the imbalances in the global crude oil trade?

US Global's Frank Holmes and Brian Hicks: The one essential to transform your resources portfolio? Patience

If you add patience to your portfolio management strategy, holding discounted oil and gas and metals mining stocks is one way to leverage the price equilibrium that will come when China's growth hits the market.

Day of reckoning for US shale will have to wait

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.

The most bullish mining chart you'll see all day

Commodity Sentiment Index shows it's always coldest before the dawn.

Reshuffling the deck in the Mideast

The U.S. presence in the Middle East, which for years provided some control over one of the world's most volatile regions, appears to have dissolved into chaos.

Oil market showdown: Can Russia outlast the Saudis?

While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain.

Platts Survey: OPEC pumps 31.2 million barrels of crude oil per day in September

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.2 million barrels per day (b/d) in September, down 60,000 b/d from August as Saudi Arabia further reined in supply, according to a just-released Platts survey of OPEC and oil industry officials and analysts.

Even top juniors are running out of money

New report on top 100 junior mining companies says "waiting it out no longer a viable strategy"

Investors pile into Freeport on restructure hopes

Copper miner up nearly 7% after announcing cuts to its board and an "alternative course" oil and gas business acquired only three years ago.

This is what will determine if oil prices go up or down

It appears as if oil prices could be on the verge of a rebound, with new data showing that the U.S. oil patch is hitting an inflection point.

Big oil worse than big miners in overspending

A chart by the Wall Street Journal shows that capital expenditures by the big oil companies are exceeding cash flow at a higher rate than the major miners.

Shell cuts up to 300 jobs at oilsands mine facility

Shell Canada told employees last week it will cut up to 10 per cent of 3,000 jobs at the Athabasca Oil Sands Project mining operations it manages north of Fort McMurray in an effort to improve efficiency.

Follow the sand to the real fracking boom

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.

Where oil prices are headed

It always seems prices at the pumps rise much faster when oil prices increase, but they move much slower when oil prices decline. I guess that’s big oil for you.

Northern B.C. politicians blast Trudeau for fracking ban comments

At a stop in New Brunswick last week, Liberal Party of Canada leader Justin Trudeau said more scientific study is required before Canada expands natural gas exploration and drilling.