Oil Sands News

Paramount Provides Update on Cavalier Energy
Canada >> 1/9/2013 - Paramount Resources Ltd. (Paramount) is pleased to announce that its wholly-owned subsidiary Cavalier Energy Inc. ("Cavalier") has received an updated independent evaluation of the Grand Rapids format...
Southern Pacific Provides Operational Update
United States >> 1/7/2013 - Southern Pacific Resource Corp. (“Southern Pacific” or the “Company”) is pleased to report increasing production from its STP-McKay Thermal Project in Alberta, the arrival of the first shipment of dil...
Paramount Provides Update On Cavalier Energy
Canada >> 12/17/2012 - Paramount Resources Ltd. (Paramount) is pleased to announce that its wholly-owned subsidiary Cavalier Energy Inc. (“Cavalier”) filed a regulatory application for the Hoole Grand Rapids Project (“Hoole...
Final Investment Decision on Hangingstone Project
Canada >> 12/14/2012 - Japan Petroleum Exploration Co, Ltd. (Japex) has made the Final Investment Decision (FID) on an oil sands project in the Hangingstone area in the Province of Alberta, Canada (Hangingstone Project) at ...
Cenovus Oil Production Anticipated to Grow 14% in 2013
Canada >> 12/12/2012 - Cenovus Energy Inc. plans to make a significant investment in its oil assets next year as it continues to focus on growing production. The company expects to invest between $3.2 billion and $3.6 billi...
Chesapeake Agreement to Sell the Remaining Midstream Assets
United States >> 12/11/2012 - Chesapeake Energy Corporation announced it has entered into a definitive agreement to sell a substantial majority of its remaining midstream assets to Access Midstream Partners, L.P. for approximately...
Inter Pipeline Provides Diluent Transportation to Suncor
Canada >> 12/10/2012 - Inter Pipeline Fund (Inter Pipeline) is pleased to announce it has entered into a binding agreement to transport diluent to Suncor Energy Inc.'s oil sands operations. Under the terms of this 5-year sh...
Discussion Regarding Nordic Petroleum ASA
Canada >> 12/5/2012 - As previously announced, a minority shareholder of Mercom, has set up a company, Nordic acquisition Company Limited (NAC) to make an offer for control of Nordic Petroleum ASA, the current holder of th...
Athabasca Sanctions Hangingstone SAGD Project
Canada >> 11/28/2012 - Athabasca Oil Corporation announces the sanction of its Hangingstone 1 SAGD Project and reaffirms that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 bar...
Marcum Oil Sand Makes a Bid for Nordic Petroleum ASA
United Kingdom >> 11/22/2012 - The Board of Mercom is aware of today's statement by Mauricio Trevino Zambrano a minority holder of Mercom's ordinary shares, that he has formed a company to make a bid for Nordic Petroleum ASA and th...
KBR to Execute Oil Sands Tailings Management Project
KBR to Execute Oil Sands Tailings Management Project Canada >> 11/20/2012 - KBR announced that it was awarded two contracts for Syncrude Canada Ltd. (Syncrude) to execute module fabrication and field construction for its Fluid Fine Tailings – Centrifuging Full Scale Plant (FF...
Foster Wheeler JV Awarded Contract for Oil Sands Project
Foster Wheeler JV Awarded Contract for Oil Sands Project Canada >> 11/15/2012 - Foster Wheeler AG announced that a joint venture of a subsidiary of its Global Engineering and Construction Group (Foster Wheeler Canada Ltd.) and Three Streams Engineering Ltd. has been awarded the f...
STP Sells First Barrels of Bitumen from STP-Mckay
Canada >> 10/31/2012 - Southern Pacific Resource Corp. (“STP” or the “Company”) is pleased to announce that sales of diluted bitumen (“dilbit”) have commenced from its STP-McKay Thermal Project near Fort McMurray, Alberta. ...
Engineering Services for MacKay River Oil Sands Project
Canada >> 10/29/2012 - Fluor Corporation (FLR) announced that it has been awarded a contract by Suncor Energy to provide front-end project management and engineering services on the energy company’s MacKay River Phase 2 oil...
Petronas & Progress Working to Address Investment in Canada
Canada >> 10/22/2012 - PETRONAS Carigali Canada Ltd (PETRONAS Canada) and Progress Energy Resources Corp. (PRQ) announced that they will be meeting with officials from Industry Canada in Ottawa to better understand Industry...
STP Provide an Operational Update on STP-Mckay Project
Canada >> 10/11/2012 - Southern Pacific (“STP” or the “Company”) is pleased to provide an operational update on its STP-McKay and STP-Senlac Thermal Projects in Alberta and Saskatchewan. ...
Fluor to Build Shell's Quest CCF Project in Canada
Canada >> 10/10/2012 - Fluor Corporation announced that Shell selected the firm as its engineering, procurement and construction (EPC) contractor for Shell’s carbon capture facility for its flagship Carbon Capture and Stora...
Athabasca Oil Approved the Hangingstone Oil Sands Project
United States >> 10/4/2012 - Athabasca Oil Corporation is pleased to announce that the Lieutenant Governor in Council has authorized the Energy Resources Conservation Board to grant Approval No. 11888 for the development of its 1...
Canadian Natural Resources Horizon Oil Sands Update
Canada >> 10/3/2012 - Canadian Natural Resources Limited (Canadian Natural) updates certain environmental initiatives and the plans for its previously announced scheduled planned maintenance at its Horizon Oil Sands Proje...
Cenovus Purchases Oil sands Quest Assets
Canada >> 10/2/2012 - An agreement by Cenovus Energy Inc. to purchase the remaining assets of Oilsands Quest for $10 million received approval from the Alberta Court of Queen’s Bench. The majority of the assets are locate...

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