Sentences with phrase «oil sands developers»
Making such a discussion even more critical is how the direct impacts of climate change, such as record - breaking drought and flooding, are already impacting oil sands developers.
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With the slowdown, developers must improve efficiency to stay profitable, making changes that will both help the bottom line and begin to address some of the tough environmental problems associated with tar sands oil.
To many environmentalists — and, less predictably, to many energy developers as well — the slowdown in oil sands extraction may prove to be an unexpected blessing.
As expected, investment in Alberta Tar Sand (what the industry likes to refer to as «oil sands») developments are being cut back a bit; but tar sands developers still expect to remain profitable, even if oil hits US$ 60 / barrel.
Besides their Colorado facilities, the two companies are partners in Syncrude Canada, the largest tar sands oil developer in Canada.