Decision on fracking in the Delaware River Basin is postponed one week after the Obama administration defers on the Keystone XL pipeline.
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 [...]
Monday, November 21, 2011