
The short to medium term outlook for oil sands and heavy oil projects remains worrisome. 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 may forecast a long period of malaise for Alberta’s oil sands industry.

Thursday, October 16, 2008
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

Thursday, July 10, 2008
Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship.

Monday, June 30, 2008
Depictions of the oil industry often involve images of geysering derricks, boisterous Texans and ultra-wealthy Arab sheikhs. Though these stereotypes have some element of truth in them, they conceal more than they illuminate about hydrocarbons in the 21st century. Conventional oil will remain the cornerstone of our energy economy into the foreseeable future, but high demand, technological breakthroughs and political factors all suggest that unconventional energy sources are likely to play a crucial supporting role.
Tue, Nov 18, 2008
Genoil Inc. provided an update on ongoing marketing and financing efforts on Genoil’s heavy oil and refinery residue upgrading project with Haiyitong Inc. (”HYT”) in China. For full story, click here
Tue, Nov 18, 2008
Buffalo Resources Corp. reported record financial results for the nine months ended September 30, 2008. For full story, click here
Mon, Nov 17, 2008
Between 1 and 2 trillion barrels of oil sands and extra-heavy oil may be ultimately recoverable economically, according to IEA. For full story, click here
Mon, Nov 17, 2008
Baytex Energy Trust posted its operating and financial results for the three months and nine months ended September 30, 2008. For full story, click here
Fri, Nov 14, 2008
GE Water & Process Technologies and the Alberta Water Research Institute say they hope to chieve significant cut in the amount of energy and water used in some oilsands projects - and then potentially export the technology to similar heavy-oil ventures elsewhere. For full story, click here

ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
HeavyOilInvestingNews.com maintains a focus on Heavy Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
For upcoming heavy oil investing trade shows, see the following links: Oil Sands Technology Show, Houston Energy Financial Forum
The Heavy Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Thursday, November 6, 2008
1 Comment