Oilsands Mining News

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.

Only US oil sands mine hit by protests

21 of 80 Utah Tar Sands Resistance members arrested during physical confrontation.

Energy stocks no bear refuge

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.

Bob Moriarty: On the road to Armageddon, take shelter in resources

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.

Athabasca oil sands: A blessing or nuisance?

Canada contributes about 2% to the global GHG emissions, of which 0.1% is emitted from the Canadian oil sands.

The billionaire fighting to stop Keystone XL

Tom Steyer has been dubbed the liberal version of the Koch brothers.

Oil sands crude price doubles since December

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.

Mozambique guerrillas threaten country’s energy infrastructure

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.

Canada tries to outmaneuver pipeline opponents

The Canadian government says science is on its side when assessing tar sands pipelines.

CHART: Oil sands crude's deepening discount

Canadian heavy oil is falling further behind US crude and global prices.

SLIDESHOW: Mining billionaires 2013

How the mighty have fallen.

Pricing in pipelines? Canadian crude price surges 70% in three months

The price oil sands producers receive surged to $77 a barrel, up from $45 in December.

Welcome to Canada, land of the $63 barrel of oil

Saudis get $110.

What's lowering the break-even price of natural gas?

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.

Choosing the right oil company to own in 2013

Crude oil production and capex absolutely control the energy space right now.