News Topics: Oil Sands
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Argentina's YPF Seeks to Participate in Venezuela Offshore Gas Project
Friday, June 14, 2013 YPF is in talks to participate in Venezuela's Deltana offshore natural gas project and is looking to purchase gas to meet domestic needs, officials from both countries' state energy companies said.
Statoil: Global Oil Demand Will Hit 100 MMbopd by 2040
Friday, June 14, 2013 Statoil's latest "Energy Perspectives" report sees oil demand hitting approximately 100 million barrels per day by 2040, although natural gas will be the "fuel of the future".
ExxonMobil: Kearl Oil Sands Project Remains On Target
Wednesday, May 29, 2013 ExxonMobil's effort to expand its Kearl oil-sands project in Canada is 30% complete, and remains on target for start up in 2015, Chief Executive Rex Tillerson says.
PdVSA to Receive $1.5B Loan from Rosneft for Oil Joint Venture
Thursday, May 23, 2013 PdVSA and Rosneft signs deals to boost production at a new joint venture in the South American country's vast Orinoco heavy oil belt.
Marathon Oil: Talks to Sell Alberta Oil Sands Stake Fall Through
Thursday, May 23, 2013 Marathon Oil says discussions to sell its 20% outside-operated stake in the Athabasca Oil Sands Project in Alberta were unsuccessful and talks with a prospective buyer have been terminated.
Canada Minister Sees Better Prospect of Change to EU Oil-Sands Law
Friday, May 10, 2013 Canadian Natural Resources Minister Joe Oliver says the possibility of changes to a proposed European Union law that seeks to treat Canadian oil-sands crude as dirtier than conventional fuel have improved.
Imperial Oil Announces Start-Up At Kearl Oil Sands Project
Saturday, April 27, 2013 Imperial Oil announces the start-up of the initial phase of its Kearl oil sands project, a project the Calgary energy company is counting on as key source of crude for more than 40 years.