Definition of «oilsands projects»

"Oilsands projects" refers to a type of resource extraction where oil is obtained from a mixture of sand, water, and bitumen found in certain areas. It involves technologies and processes to separate the oil from the sand and water, extracting the valuable petroleum.

Sentences with «oilsands projects»

A little further into the article comes the real kicker: The Bank of Montreal report «pegs supply costs for oilsands projects in the range of US$ 50 to US$ 90 per barrel.» (canadianbusiness.com)
Currently there is $ 134 - billion worth of oilsands projects either under construction or due to break ground within three years. (canadianbusiness.com)
The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment. (canadianbusiness.com)
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