The region's impact on the environment is under scrutiny and has resulted in harsh criticism, despite news that its oil sands projects are profitable agains  permaLink:1267986000-2344

The purpose of the TransCanada pipeline is to transport crude from Canadian oil sands to refineries on the United States Gulf Coast. Now producers of crude in Montana and North Dakota want to use the pipeline.  permaLink:1267771000-8086

OKLAHOMA CITY, March 4, 2010 (GLOBE NEWSWIRE) -- Grizzly Oil Sands ULC ("Grizzly"), a company in which Gulfport Energy Corporation (Nasdaq:GPOR) holds an approximate 25% interest, announced today that it has submitted an application to the Alberta Energy Resources Conservation Board ("ECRB") and Alberta Environment ("AENV") for the development of an 11,300 barrel per day ("bblpd") oil sands project at Algar Lake. The project is expected to operate at an average capacity of 10,000 bblpd over a design life of 30 years. Grizzly's Algar Lake Project will utilize a proven method of in-situ extraction known as steam-assisted gravity drainage ("SAGD") to exploit the resource.  permaLink:1267704000-3281

Earlier in the week I blogged about how British banks were under fire for their investment in the tar sands. But they are not the only ones. There are also home-grown banks investing in the destruction of their own country. Yesterday, over 170 people rallied outside of the Royal Bank of Canadas (RBCs) Annual General Shareholder meeting...  permaLink:1267697000-7109

Athabasca Oil Sands Corp. has taken a step towards becoming a public company by filing a preliminary prospectus in connection with a proposed initial public offering of its common shares and says its first project could be onstream in four years.  permaLink:1267556000-1641

Another major oilsands player has decided it makes little sense to build a brand new multibillion-dollar upgrader to process the molasses-thick bitumen it scoops out of the ground.  permaLink:1267371000-4844

One of the unseen consequences of the lower gas prices in North America is that it is actually making it cheaper to extract the tar sands. And that in turn is giving tar sands operators the confidence to expand production. So bizarrely cheap cleaner gas is fuelling the exploitation of the dirty tar sands. Syncrude Canada...  permaLink:1267179000-2695

After declining in 2008, Canada's mined oilsands production resumed growth in 2009 to 806,461 bbls of bitumen per day from 710,600 bbls per day the previous year, thanks to the onset of volumes from the Canadian Natural Resources Limited's new Horizon mine and higher rates from all mines except Syncrude Canada Ltd.  permaLink:1267124000-0156

Synthetic crude production at the Syncrude oilsands project north of Fort McMurray is now expected to reach 425,000 barrels per day by the end of this decade, the project's operating consortium said this morning.  permaLink:1267105000-0156

Synthetic crude production at the Syncrude oilsands project north of Fort McMurray is now expected to reach 425,000 barrels per day by the end of this decade, the project's operating consortium said this morning.  permaLink:1267052000-7656

Based on preliminary scoping and design work being done by Syncrude Canada Ltd. and Exxon Mobil Corporation, Syncrude now believes its existing Mildred Lake upgrading facility has latent capacity that can be unlocked through a series of debottleneck projects, Canadian Oil Sands Trust reported today.  permaLink:1267038000-4219

The start of an unusual mobilisation of pension fund members has been kicked off by the British organisation FairPensions to hold BP and Shell to account for their investment in the dirty Canadian tar sands. The idea is simple: individuals can contact their pension funds, through an online action, to show support of environmental resolutions that...  permaLink:1266919000-7246

Suncor Energy Inc., Canada's biggest oil company, said a fire at its largest oil sands project in Alberta earlier this month will harm its production targets for this year.  permaLink:1266896000-5156

Suncor Energy Inc. has completed its assessment and expected schedule to repair portions of an oilsands upgrader (U1) damaged by fire in early February. Repairs are currently underway and the company now expects the upgrader to return to production in early April.  permaLink:1266865000-6484

Campaigners against the extraction of oil from tar sands are urging people to lobby their pension schemes if they hold Shell or BP shares.  permaLink:1266839000-2227

ConocoPhillips replaced 141% of its net proved reserves in 2009, helped in part by the addition of Syncrude Canada Ltd. oilsands mining operations.  permaLink:1266606000-1563

Oil-weighted Nexen Inc.'s fourth-quarter 2009 output -- its highest since early 2008-- combined with higher oil prices and progress at its Long Lake oilsands project to produce a profit of $259 million (50 cents per share).  permaLink:1266520000-4375

Whilst international attention has focussed recently on the ecological and climatic impact of the tar sands, another heavy oil boom is happening which is equally important. Just three years after a spate of nationalisations in the heavy oil belt of Orinoco, Venezuela has once again signed deals with foreign companies that require investments of up to...  permaLink:1266515000-5781

In 2009 Nexen made significant progress on their three corporate strategies relating to the Athabasca oil sands Horn River shale gas and conventional exploration and development. Strong proved reser  permaLink:1266511000-8047