Canadian Oil Sands Trust posted significantly lower second-quarter earnings, hurt by lower crude oil prices and lower production in the quarter, but surged its distribution on confidence in Syncrude operations, strengthening crude oil prices and an improved liquidity position. For full story, click here
Continue reading "Canadian Oil Sands Surged Distrib Despite Lower 2Q Net"
Sunday, August 9, 2009
Canadian Natural, the nation’s second-leading natural-gas producer, declared a second- quarter profit after production commenced at its Horizon oil-sands project in northeastern Alberta and raised its output forecast. For full story, click here
Continue reading "Canadian Natural declared Profit on Alberta Oil Sands"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a [...]
Continue reading "South Parse:Warning signs"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and tight credit [...]
Continue reading "Upgrader:Harper’s gambit"
Friday, October 17, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Canada: Upgrader is going up later than usual this week because of the Canadian Federal Election and the American Presidential debate. Now that these two events are a matter of record, there is much good news for the heavy oil and oil sands industries. First, the Canadian [...]
Continue reading "Upgrader: elections special"
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Thursday, August 20, 2009