Sentences with phrase «canadian oil sands producers»

Canadian oil sands producers, facing a double whammy of low oil prices and higher taxes in Alberta, are slashing spending, suspending production, cutting jobs and halting shareholder dividends.
Most of the oil shipped on the line will come from Canadian oil sands producers, which have been under from some U.S. environmental groups and legislators for boosting greenhouse gas emissions because of expanding production in the oil sands — a Florida - sized region of northern Alberta that contains the largest oil reserves outside the Middle East.
The plays off of the pipeline construction are improved probability by the Canadian oil sands producers, a slight positive impact on Gulf Coast margins, and the construction and E&C companies involved.
In contrast, we had nice returns in a number of our media, insurance and food stocks, among others, including Axel Springer, Schibsted, Zurich Insurance, Berkshire Hathaway, and Nestlé, but it was unfortunately not enough to overcome the continued pressure on our oil & gas stocks, which included fully integrated holdings such as Total and Royal Dutch; exploration and production companies such as Devon Energy and Pacific Rubiales; Canadian oil sands producers such as Cenovus; and energy service holdings such as Halliburton and National Oilwell Varco.
Analysts at Canaccord Genuity said Monday the project's $ 5.3 - bilion northern leg «is no longer a necessity» for Canadian oil sands producers, thanks to the sudden rise of crude - carrying unit trains and rival pipeline schemes proposed by Enbridge Inc..

Not exact matches

For the past two years, OPEC's pump - at - will policies have flooded the market with cheap supply, causing economic pain for producers with higher cash costs, including those involved in fracking, the Canadian oil sands and deepwater drilling.
As I wrote in my blog over a year ago, («Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands floOil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands flows.
«Investors are looking for shorter turnaround on their capital,» says Ben Brunnen, vice-president of oil sands for the Canadian Association of Petroleum Producers (CAPP).
Last month, the Canadian Association of Petroleum Producers organised a field trip for a group of economics professors to see a couple of the oil sands installations.
My University of Alberta colleague Andrew Leach is fond of pointing out that exports of manufactured products from Southwestern Ontario push up the value of the Canadian dollar, making life more difficult for oil sands producers.
The government and the oil and gas industry have spent lavishly to promote fossil fuel development, but a poll for the Canadian Association of Petroleum Producers found that only 51 % of us think tar sands / oil sands development is worth the environmental risk; 49 % think it isn't.
The company, Canada's No. 2 pipeline operator, released a letter sent to U.S. Secretary of State John Kerry and other department officials saying that increased carbon levies for Alberta oil sands producers and new Canadian targets for greenhouse - gas emission cuts should serve to help assuage U.S. concerns that approving the C$ 8 billion ($ 6.41 billion) project would increase climate change.
Last week, Bill McCaffrey, chief executive of oil sands producer MEG Energy Corp., said his company is considering such exports as it becomes easier to move Canadian crude to Houston through expansions of the pipeline network.
Construction of the Keystone XL pipeline will improve the ability of producers to export south from the Canadian oil sands, across the U.S. border to Steele City, Nebraska.
Canadian pipeline firms, oil sand producers and gulf coast refiners are some of the winners from the projects approval.
Canadian producers are now locked into U.S. Midwest and Ontario markets, which have limited capacity to process additional volumes of oil sands bitumen.
In an interview with The Globe and Mail editorial board, David Collyer, president of the Canadian Association of Petroleum Producers, said the Keystone XL line is needed to connect the Alberta oil sands with refiners who have invested billions of dollar to upgrade their plants so that they can process heavy grades of crude.
Oil sands growth will drive Canadian crude oil production to about 4.7 million barrels per day by 2025 from 2.8 million bpd in 2010 — a 67 % increase — according to the latest forecast from the Canadian Association of Petroleum Producers (CAPOil sands growth will drive Canadian crude oil production to about 4.7 million barrels per day by 2025 from 2.8 million bpd in 2010 — a 67 % increase — according to the latest forecast from the Canadian Association of Petroleum Producers (CAPoil production to about 4.7 million barrels per day by 2025 from 2.8 million bpd in 2010 — a 67 % increase — according to the latest forecast from the Canadian Association of Petroleum Producers (CAPP).
Publicly described as an «ALEC Academy,» documents obtained by CMD show the legislators were accompanied on a chartered flight by a gaggle of oil - industry lobbyists, were served lunch by Shell Oil, dinner by the Canadian Association of Petroleum Producers, and that the expenses of the trip were paid for by TransCanada and other corporations and groups with a direct financial interest in the Alberta tar sands and the proposed Keystone XL (KXL) pipelioil - industry lobbyists, were served lunch by Shell Oil, dinner by the Canadian Association of Petroleum Producers, and that the expenses of the trip were paid for by TransCanada and other corporations and groups with a direct financial interest in the Alberta tar sands and the proposed Keystone XL (KXL) pipeliOil, dinner by the Canadian Association of Petroleum Producers, and that the expenses of the trip were paid for by TransCanada and other corporations and groups with a direct financial interest in the Alberta tar sands and the proposed Keystone XL (KXL) pipeline.
Above is what they say on their website, but in interview in the National Post, the new head of the oil sands producers» lobby Canadian Association of Petroleum Producers sings a differproducers» lobby Canadian Association of Petroleum Producers sings a differProducers sings a different tune.
The figure below shows forecasts of oil sands production made by the Canadian Association of Petroleum Producers (CAPP) every year from 2006 to 2012 (except 2009).
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