Tags » Oil Sands

Alberta Fire Set to Move Away From Oil-Sands Sites in Wind Shift - Bloomberg

Wildfires raging through Alberta are set to move away from the main oil-sands facilities north of Fort McMurray after knocking out an estimated 1 million barrels of production from Canada’s energy hub. 139 more words

Oil Sands

"Environmental activism is becoming a new form of protectionism."

This is worth reading:

An article from summer 2014 that explores how U.S. interests fund anti-oil environmentalist radicals to selectively target Canadian oil production as a roundabout protectionist strategy. 146 more words

CMR

Know Your Audience

We all depend upon water to drink, food to eat, air to breathe. We are connected in a multitude of ways to the warp and weft of our planet’s systems. 431 more words

Environment

OPEC Says Crude Production Rose to Three-Year High in November $ 100 Never Again

  • iraq led output gains, countering pullback in Saudi Arabia

  • Non-OPEC supply seen falling by 380,000 barrels a day in 2016

OPEC raised crude output to the highest in more than three years as it pressed on with a strategy to protect market share and pressure competing producers. 489 more words

Energy

Iraq Crude Floods U.S. Market

  • Exxon Mobil Corporation (XOM)

    –NYSE  Watchlist

    81.97 0.38(0.46%) 12:27PM EST – NYSE Real Time Price

    Prev Close: 82.35 Open: 82.41 Bid: 81.81 x 700 Ask: 81.82 x 500 1y Target Est: 83.35 Beta: 1.01531 Next Earnings Date: N/A Day’s Range: 81.57 – 82.56 52wk Range: 66.55 – 97.20 Volume: 3,484,960 Avg Vol (3m): 15,970,300 Market Cap: 341.24B P/E (ttm): 17.31 EPS (ttm): 4.73 Div & Yield: 2.92 (3.90%) …

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Energy

Credit Suisse: Oil Has Stabilized Because Saudis Got What They Wanted

Forget wealth effect. The global equity market can’t have a smooth bull run if oil prices are tanking.

This is because commodity-related capital expenditure accounts for around 30% of total capex globally, so even though consumers may benefit from cheaper oil, companies are hit first. 421 more words

Oil

Oil jumps $2, breaking range as supply seen ebbing

NEW YORK (Reuters) – Oil prices jumped more than $2 a barrel on Tuesday, breaking out of a month-long trading range on a mix of technical buying and industry talk as well as U.S. 500 more words

Energy