Sentences with phrase «for oil sands producers»

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.

It's not hard to figure out where this is going for oil sands producers.

Not exact matches

And another, oil - sands producer Suncor Energy (su) has risen nearly 16 % since mid-August and 28 % for 2016.

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..

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 drilliFor 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 drillifor producers with higher cash costs, including those involved in fracking, the Canadian oil sands and deepwater drilling.

Oil sands players, as well as U.S. producers in North Dakota, have been clamouring for pipeline approvals, claiming that all of the political foot dragging around pipeline projects weakened pricing power and critically hampered their operations.

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).

Since then, China's state owned refining company, Sinopec paid more than $ 4.5 billion for a 9 % stake in Syncrude, the largest oil sand producer in the province.

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.

This notion that corporate consumers are just looking for «greener» options is what's behind Dr. Peter Silverstone's proposals for changing the royalty rates so that Alberta's oil sands producers have real incentive to make the world's greenest oil (http://greenestoil.ca/blog/).

An analysis of the pipeline plan for the State Department concluded that if the pipeline was rejected, oil sands producers would instead turn to railways for shipments to the United States.

If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).

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.

It is relatively costly to produce oil from Alberta's unconventional oil sands, thus making it difficult for producers to profitably produce and sell oil in North America.

That can easily happen in a world of $ 100 oil, because such high prices offer enough incentive for producers to bring on new supplies from expensive sources such as the Bakken or Alberta's oil sands.

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.

Oil sent on the planned line could supplant much of those imports and give oil sands producers access to high - priced Atlantic markets for the first tiOil sent on the planned line could supplant much of those imports and give oil sands producers access to high - priced Atlantic markets for the first tioil sands producers access to high - priced Atlantic markets for the first time.

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.

At current levels, oil sands producers are collecting a price «in the teens» for the bitumen portion of WCS, an amount that is below some companies» stated costs, according to Tom Kloza, global head of energy analysis for the Oil Price Information Servioil sands producers are collecting a price «in the teens» for the bitumen portion of WCS, an amount that is below some companies» stated costs, according to Tom Kloza, global head of energy analysis for the Oil Price Information ServiOil Price Information Service.

In July 2013, Storebrand, a major Norwegian pension fund advisor, excluded from its Energy Sector all 13 coal producers and the 6 oil companies with the highest exposure to tar sands «to reduce Storebrand's exposure to fossil fuels and to secure long term, stable returns for our clients...»»

As suggested in the article, the only way to stop the development of the oil sands (or any new oil development for that matter) is to address the supply side of the supply - demand curve, because as long as oil is at $ 90 bbl the producers will find a way to get their product to market.

Just last week, for example, our Upstream Research Company announced that it is licensing ExxonMobil's patented steam injection system and production method, which allows producers to recover more oil from Canada's oil sands with carbon dioxide emissions reduced by up to 10 percent per barrel.

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.

Their report considers the implications for oil - sands producers with costs of $ 65 / barrel and above.

Government officials use historical data to establish a carbon intensity benchmark for each oil sands facility, and under the regulation producers are required to reduce annual emissions intensity to 12 per cent (15 per cent in 2016 and rising to 20 per cent in 2017) below their respective per - barrel benchmarks.