Tags » 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

Suncor Boosts Stake in Fort Hills Oil Sands Project

Suncor Energy Inc. is deepening its exposure to its Fort Hills oil sands mine, buying an additional 10-per-cent stake even as oil prices languish under $50 (U.S.) a barrel. 165 more words

Energy