21 of 80 Utah Tar Sands Resistance members arrested during physical confrontation.
Oilsands Mining News
The lofty US stock markets have stalled out, looking more and more top-heavy with each passing day. This is spawning growing unease among prudent investors, who sense the long-overdue major selloff is nearing.
The worst place to be right now is bonds. The second worst place is the Dow and the S&P. The safest place to be is resources.
Canada contributes about 2% to the global GHG emissions, of which 0.1% is emitted from the Canadian oil sands.
Tom Steyer has been dubbed the liberal version of the Koch brothers.
A spike in the global oil price and a rapidly narrowing discount has sent oil sands crude soaring to $89.25 a barrel from five-year lows of $45 in December.
The first European colonial empire to be established, Portugal’s overseas territories were some of the last to attain independence, leaving aftershocks which reverberate to this day, particularly in Mozambique.
The Canadian government says science is on its side when assessing tar sands pipelines.
Canadian heavy oil is falling further behind US crude and global prices.
How the mighty have fallen.
The price oil sands producers receive surged to $77 a barrel, up from $45 in December.
Saudis get $110.
Natural gas bulls keep pointing to the declining gas rig count in the US as a reason for a near-term turnaround to the upside in prices.
Crude oil production and capex absolutely control the energy space right now.
Report notes the budget relied on private-sector forecasts of natural gas prices and those forecasts have regularly missed their targets.
The oil and gas game can be a tricky one for junior companies, but if played right the pay-off can be massive.
Canadian oil and gas company Nexen’s shares climbed over 2% after the announcement.
While it is hard to ramp up much sympathy for petro-states, Norway and Saudi Arabia are both facing a murky 2013 as domestic production falls, pushing both nations towards some difficult (and expensive) choices.
Company will increase capacity to 890,000 bpd from 750,000 to meet new long-term contracts
Not too many Alberta producers make money as Canadian crude falls to 5-year low of $64 below global price.
In an unusual move, Chinese state-owned CNOOC and Canada’s Nexen Inc. (NYSE,TSX:NXY) have resubmitted notice of their potential deal to US regulators, which will reset the clock on Washington’s approval for the $15 billion energy deal.
China’s bid for Nexen may get a boost if a Malaysian company successfully acquires Canada-based Progress Energy Resource Corp.
IEA spins oil stats to make US top 'oil' producer.
The possibility of a nuclear war between Pakistan and India grows every day.
The international benchmark sits at $107 a barrel, while US oil fetches $85.