Sentences with phrase «oil sands producers»

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

That would add 75 cents per barrel - not enough to seriously affect profits among oil sands producers, but still a substantial fare hike.

It has also been embraced by some of the province's biggest oil sands producers.

Keystone XL would be a victory for Canadian oil sands producers who are facing transportation bottlenecks getting their crude to market.

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.

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.

KXL would mean more production sooner, which is evidenced by analysts giving oil sands producers higher valuations with KXL.

Currently, Alberta prices GHGs from oil sands producers and other large emitters using its Specified Gas Emitters Regulation (SGER), which came into force in 2007.

Newspapers across the country have highlighted layoffs, delays in new projects, and provincial budget deficits as oil sands producers and liquefied natural gas (LNG) export proponents cut costs to...

Alberta's regime offers oil sands producers stronger incentives to adopt technology such as wedge wells and solvent - aided extraction in existing facilities than a carbon tax would.

Maybe that's a message Canada's oil sands producers need to be listening to as well.

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 time.

It's true that any pipeline dividend would boost provincial and federal government coffers, but less than you might think due to corporate tax loopholes and a 1 per cent royalty rate for most oil sands producers when oil prices are low.

The main economic goal of the TMX project is to increase netbacks to oil sands producers by avoiding bitumen oversupply problems at Cushing, Oklahoma (also known as «The Pipeline Crossroads of the World») and by providing an option on selling the product into alternative markets in Asia and California.

Because there has been little independent research on dilbit, the committee relied largely on industry studies and conference papers, along with some peer - reviewed research and a questionnaire it sent to several oil sands producers.

Bitumen, or asphalt, is the feedstock which tar sands and oil sands producers remove from the ground, thick enough to require mining, not pumping.

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.

Despite the layoffs and poor performance in its first quarter, Suncor, Canada's largest oil sands producer, continues pumping out crude, outputting 602,400 barrels per day during the first quarter — up 10 % from the same period last year.

Regardless of the pipeline's ultimate fate, the Keystone saga highlights the enormity of the challenge that's ahead of 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.

Cenovus, one of the biggest of Canada's oil sands producers, said in March that it was operating at lower capacity due to the maxing out of pipelines and other routes through which it sends heavy oil south to U.S. markets.

Cenovus, one of the biggest of Canada's oil sands producers, said in March that it was operating at lower capacity due to the maxing out of...

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..

Oil sands producers are in a predicament — and investors have noticed.

Canada's oil sands producers, frustrated by a lack of pipeline capacity, are also turning to trains to ship their products.

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.

The world's largest oil sands producer, Suncor also has conventional oil and gas operations in the North Sea, North America, Libya and Syria.

Given that the pipeline is anticipated to create about $ 4 billion per year in profits to the Enbridge shareholders and oil sands producers, these are odious profits that come at the expense of people in other countries and into the future.

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.

Canadian pipeline firms, oil sand producers and gulf coast refiners are some of the winners from the projects approval.

Twelve of Canada's oil sands producers have formed a new alliance, Canada's Oil Sands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada's oil sands through collaborative action and innovation.

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 Service.

KXL - enabled production will mean more revenues for oil sands producers, which will improve the market's view of the value and creditworthiness of the companies.

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.

Long - term, the oil sands producers face a tricky landscape.

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 different tune.

Alberta's oil sands producers should be allowed to significantly increase their greenhouse gas emissions, even if that means forcing other sectors to take on additional expensive obligations to meet Canada's climate change targets, an industry executive says.