Oil Sands News

Connacher Announces Future Direction
Canada >> 1/20/2012 - After the recently announced management changes, Connacher Oil and Gas Limited (CLL-TSX) wishes to update shareholders and other investors regarding its future plans. The company continues to experien...
CNOOC 2012 Business Strategy & Development Plan
Canada >> 1/18/2012 - CNOOC Limited announces a summary of the Company’s business strategy and development plan for the year 2012. The total targeted net production of the Company in 2012 is 330 to 340 million barrels of o...
CB&I Awarded a Contract by Imperial Oil
Canada >> 1/18/2012 - CB&I announced that it has been awarded a contract, valued in excess of US$750 million, by Imperial Oil Resources Ventures Ltd. for work on the Kearl Expansion Project in Alberta, Canada. CB&I’s work ...
Conocophillips Seeks Partner for Oil Sands Assets
Conocophillips Seeks Partner for Oil Sands Assets United States >> 1/16/2012 - ConocoPhillips (COP.N) is seeking a buyer for 50 percent of a large portion of its Canadian oil sands holdings, assets that could eventually produce more than half a million barrels a day, the U.S. oi...
Athabasca Sells MacKay Oil Sands Stake to PetroChina
Canada >> 1/3/2012 - Athabasca Oil Sands Corp. announces that it has exercised its option to divest its 40% interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary...
Approval of Mackay River Commercial Oil Sands Projects
Canada >> 12/28/2011 - Athabasca Oil Sands Corp. is pleased to announce that MacKay Operating Corp. has received full regulatory approval from Alberta Energy Resources Conservation Board and Alberta Environment and Water fo...
JACOS to Progress the Hangingstone Oil Sands Project
Canada >> 12/26/2011 - Japan Canada Oil Sands Limited (JACOS), a consolidated subsidiary of Japan Petroleum Exploration Co., Ltd. (JAPEX), has continued to work diligently to promote and progress the Hangingstone Oil Sands ...
Imperial Sanctions Kearl Oil Sands Expansion Project
Canada >> 12/21/2011 - Imperial Oil Limited announced its board of directors has approved the expansion phase of the Kearl Oil Sands Project, a surface mining operation under construction northeast of Fort McMurray, Alberta...
Eni to Start Congo Pilot Oil Sands Project in 2012
Congo >> 10/6/2011 - Italian oil major Eni will launch a pilot of its estimated 500 million and 2.5 billion barrels reserves of recoverable oil sands project in the Republic of Congo, Eni's chief executive said. "Eni-Cong...
Cenovus Receives Approval to Expand Christina Lake
Canada >> 4/26/2011 - Cenovus Energy Inc. has received approval from the Alberta Energy Resources Conservation Board (ERCB) to move forward with a major expansion at its Christina Lake oil sands operation. The approval cov...
Saipem Awarded Contract with Value of $1.0 billion Cdn
Canada >> 12/3/2010 - Husky Oil has awarded Saipem the EPC contract for the Sunrise Central Processing Facilities project, for the first phase of the Sunrise Oil Sands project. Sunrise is an in-situ oil sands development l...
PTTEP Invests in Oil Sands Project in Canada
Canada >> 11/23/2010 - PTT Exploration and Production Public Company Limited (PTTEP) discloses that on November 22, 2010, PTTEP Netherland Holding Limited or PTTEP NL (a subsidiary of PTTEP) has signed the Partnership Unit ...
BP Enters Canadian Oil Sands with Husky Energy
Canada >> 12/5/2007 - BP announced that it is moving into the Canadian oil sands by acquiring a half-share in the Sunrise field in Alberta operated by Husky Energy. At the same time Husky will acquire a half share in BP's ...
ConocoPhillips and EnCana Complete Transaction
Canada >> 1/3/2007 - ConocoPhillips and EnCana Corporation announced that they have closed their previously announced transaction to create an integrated North American oil business consisting of two 50/50 operating partn...
Husky Announces Tucker Oil Sands Project Completion
Canada >> 8/21/2006 - Mr. John C.S. Lau, President & Chief Executive Officer, Husky Energy Inc., is pleased to advise that construction on the Tucker Oil Sands Project is complete and that steam injection into the reservoi...

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