Sentences with phrase «oilsands producers»

The phrase "oilsands producers" refers to companies or organizations involved in extracting oil from a specific type of sedimentary rock called oil sands, which contain a mixture of crude oil, sand, clay, and water. These producers use various techniques to extract the oil from the oil sands and refine it for various industrial purposes. Full definition
Brian Ferguson, CEO of oilsands producer Cenovus Energy (TSX: CVE), said in an interview his company isn't following Suncor's lead in seeking to strand any of its oilsands resource.
«It's a technology that wouldn't be terribly expensive for our company and other companies in our sector to be able to deploy and ultimately create some nice, clean water out of some nasty industrial water,» says Juan Benitez, a senior specialist with oilsands producer Cenovus Energy's venture capital fund.
It couldn't have come at a worse time, as Enbridge was applying to enlarge its Alberta Clipper system to the U.S. and build its contentious Northern Gateway pipeline to Kitimat, B.C., meant to open up new markets for oilsands producers in Asia.
In Fort McMurray, oilsands producers like Suncor must wrestle with restarting operations while supporting their workers and communities.
Though oilsands producers got through this disaster mostly unscathed, their future competitiveness depends in no small measure on Fort McMurray getting back on its feet.
Recently, the fate of CNOOC's bid for beleaguered Calgary oilsands producer Nexen became even more uncertain after the federal government blocked a $ 6 - billion takeover of Progress Energy Resources Corp. by Malaysia's Petronas at the eleventh hour.
And yet by 2009, Gateway was once again a going concern and one of the backers turned out to be Sinopec, another Chinese state oil company and one of the owners of oilsands producer Syncrude Canada.
That means if oilsands producers want to pump more oil, they'll have to do it in a way that stays under the cap.
Unlike oilsands producers, Talisman is still fair game for foreign national oil companies under federal rules introduced late last year.
Husky Energy Inc. on Thursday became the second big oilsands producer to say that it throttled back first - quarter production in response to steeper discounts for Canadian crude.
Alberta's 19 coal plants produce as much greenhouse gas as the major oilsands producers, though the oilsands are often targeted in the province's battle to reduce its share of carbon emissions.
The oilsands producer's creditor protection shows why most operators stick with the tried, true and «dirty.»
While the oilsands producers have demonstrated their ability to keep running even without Fort McMurray, the town's revival does matter to them.
Cenovus Energy Inc., the largest in situ (underground) oilsands producer, now says it can beat it.
Even if the U.S. starts to charge for every barrel of Canadian bitumen that crosses the border, the fee is so small that oilsand producers, who shoulder a price discount of around $ 60 - a-barrel on headline oil prices, might not even notice.
The offering is being made through a syndicate of underwriters led by RBC Capital Markets and TD Securities Inc., the oilsands producer said in a statement Tuesday after markets closed.
Oilsands producers are likely to face a pipeline shortage in coming years, even amid growing optimism that a major pipeline could soon receive federal approval and ease industry's pipeline constraints.
The EPA also suggested that the State Department revisit its conclusion that the Keystone XL would not impact climate change because, in the absence of Keystone, oilsands producers would use rail to get their oil to market.
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