Oil Sands

Latest News and Press Releases

North America

Suncor Energy Firebag In Situ Expansion Approved

18 March 2010

The Alberta Energy Resources Conservation Board has approved Suncor Energy's application to develop three additio...

Worldwide

BP Enters Deepwater Brazil and Strengthens Core Portfolio

11 March 2010

BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and ...

North America

Oilsands Quest Provides 3Q Operational Update and Announces Chief Reservoir Engineer Appointment

10 March 2010

Oilsands Quest Inc. is evaluating the potential to develop its Axe Lake oil sands discovery in northwestern Saska...

Worldwide

Nexen Announces Strong Fourth Quarter and Annual Financial Results

18 February 2010

In 2009 Nexen made significant progress on their three corporate strategies relating to the Athabasca oil sands, Horn Ri...

North America

Ivanhoe Energy Passes Halfway Mark in Drilling Program at Tamarack

17 February 2010

David Dyck, President and Chief Executive Officer of Ivanhoe Energy Canada Inc. announces that Ivanhoe Energy has...

North America

Suncor Energy Reports Oil Sands Production Update

12 February 2010

Suncor Energy Inc. has reported that the company's oil sands production during January averaged approximately 156...

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North America

OPTI Canada Year End 2009 Operational Results

10 February 2010

OPTI Canada Inc. has announced the Company's financial and operating results for the year ended December 31, 2009. br /...

North America

Suncor Energy Responds to Fire at Oil Sands Upgrader

09 February 2010

Suncor Energy Inc. responded to a fire at approximately 12 a.m. today at one of the company's two oil sands upgraders (U...

North America

Nexen Provides Long Lake Project Update

09 February 2010

To coincide with the quarterly earnings release of OPTI Canada Inc., Nexen provides the following project update....

North America

Imperial Oil Announces Estimated Fourth-quarter Financial and Operating Results

03 February 2010

Lower oil and natural gas prices and low demand for energy products continued to create challenging business conditions....

Worldwide

Marathon Reports Fourth Quarter and Full Year 2009 Results

03 February 2010

Marathon Oil Corporation has reported fourth quarter 2009 net income of $355 million, or $0.50 per diluted share. In the...

Worldwide

Suncor Energy Reports 2009 Financial Results and Operational Goals For 2010

02 February 2010

On August 1, 2009, Suncor Energy Inc. completed its merger with Petro-Canada. The three and twelve month amounts ...

Worldwide

Marathon Sets 2010 Capital, Investment and Exploration Budget

01 February 2010

Marathon Oil Corporation has announced a $5.1 billion capital, investment and exploration budget for 2010, a 17 percent ...

Worldwide

Global Oil and Gas Capital Expenditure Outlook For 2010

21 January 2010

GlobalData's new report 'Global Oil and Gas Capital Expenditure Outlook - 2010: National Oil Companies (NOCs) to Drive I...

North America

ConocoPhillips Announces Second Phase of Surmont Oil Sands Project

20 January 2010

ConocoPhillips announces the second phase of the Surmont project, a Canadian oil sands steam-assisted gravity dra...

Worldwide

Marathon Oil Corporation Provides Fourth Quarter 2009 Interim Update

14 January 2010

Marathon Oil Corporation is providing information on market factors and operating conditions that occurred during the fo...

North America

Excelsior Acquires Gross Overriding Royalty on Hangingstone Asset

08 January 2010

Excelsior Energy Limited announces that pursuant to the Hangingstone farm-in agreement ('the Agreement') dated Fe...

North America

Oilsands Quest Announces Director Appointment

07 January 2010

The Board of Directors of Oilsands Quest Inc. (OQI) announces that Paul D. Ching has joined the board of OQI effe...

North America

Suncor Energy Provides Production Update

07 January 2010

Suncor Energy Inc. reported that the company's oil sands production during December averaged approximately 219,00...

North America

Connacher Commences Winter Drilling Program

06 January 2010

Connacher Oil and Gas Limited announced the commencement of its first quarter 2010 ("Q1 2010") drilling program. ...

North America

China Buys Into Canadian Oil Sands

03 January 2010

The Canadian government has approved state-owned PetroChina's $1.8bn bid to enter the Alberta oil sands market. T...

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