Colombian Forces Take Over Oil Field After Protest
Reuters reports that Colombian protesters blocked crude oil production at the Andean nation's highest-producing field.
Reuters reports that Colombian protesters blocked crude oil production at the Andean nation's highest-producing field.
Diaz Resources Ltd. (TSE:DZR) reports it has began drilling the Lloyd HZ 105/15-18-48-1W4 well.
Reuters reports Canada's Southern Pacific Resource Corp (TSE:STP,CVE:STP) posted a 34 percent rise in production.
Connacher Oil and Gas Limited (TSE:CLL) reports it has initiated the injection of solvent with steam on two wells 203-2 and 203-3.
CNBC reports that Exxon Mobil's (NYSE:XOM) oil pipeline that spewed crude oil into Montana's Yellowstone River was temporarily shut down in May.
Crew Energy Inc. (TSX:CR) reports the completion of the acquisition of all of the outstanding shares of Caltex Energy Inc.
Reuters reports that the advocacy organization 350.org is organizing a protest against Keystone XL, a proposed heavy oil pipeline.
Trafina Energy Ltd. (CVE:TFA.A) reports on its financial and operating results for the three months ended March 31, 2011.
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 [...]
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 [...]
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