Phrases with «oilsands production»

"Oilsands production" refers to the process of extracting oil from a type of natural resource called oilsands, which are a mixture of sand, water, clay, and bitumen (a thick form of oil). It involves mining or drilling into the oilsands, separating the bitumen from the sand and water, and refining it into usable oil products. Full definition

Sentences with «oilsands production»

  • The annual forecast from the Canadian Association of Petroleum Producers (CAPP), released in June, anticipates a 30 % increase in oilsands production over the next three years and a tripling over the next two decades. (canadianbusiness.com)
  • The effects of oilsands production on climate change must be confronted sooner or later — and given the increasing incidence of weird weather and coastal flooding, probably sooner. (canadianbusiness.com)
  • Coincidentally, the light oil price forecast of the day had also crept up, to U.S. $ 24 / bbl plus inflation, with oilsands production expected to reach 2.2 million barrels per day by 2015. (canadianbusiness.com)
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