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Tag: oil sands
Questions arise over Canadian Oil Sands as it lays out 2016 spending plans
2015-12-01 19:11:37| Oil & Gas - Topix.net
Canadian Oil Sands Ltd., fighting a hostile takeover bid by Suncor Energy, has laid out spending plans and performance targets for next year that it says demonstrate shareholders are well-served under the status quo. Throughout the heated takeover debate, Suncor has cast COS as a risky investment as a stand-alone firm, given the likelihood of a prolonged oil price downturn.
Tags: questions
plans
oil
canadian
Institute Index: Dirty tar sands oil flows to South's refineries despite Keystone XL rejection
2015-11-14 11:50:04| Oil & Gas - Topix.net
Year in which TransCanada's Keystone Pipeline carrying carbon-heavy tar sands oil from Canada to the United States was approved by the Bush administration: 2008 Year in which the first phase of the pipeline, from eastern Alberta to Nebraska and then on to Illinois, was completed: 2010 Year of completion for the third phase, known as the Gulf Coast Extension and running from Oklahoma to refineries at Port Arthur, Texas: 2014 Year in which another piece of the Gulf Coast Extension, connecting to refineries in Houston, is expected to begin operating: 2016 Date on which President Obama, citing concerns about climate change, rejected the fourth phase of the project, known as the Keystone XL, which would have essentially duplicated the initial phase between Alberta and Nebraska: 11/6/2015 Percent more greenhouse gas emissions produced from an average gallon of tar sands oil than from ... (more)
Tags: index
institute
oil
dirty
Transition Alberta off oil sands, climate thinkers urge Trudeau
2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Observer: Alberta and its oil sands needs to be the focus of the Trudeau government's climate action if it is serious about helping limit dangerous planetary warming to two degrees this century, warned a national group of environmental thinkers. Climate Action Network Canada held a national media press conference Monday to give its recommendations to the federal government in advance of the Paris UN climate treaty talks, Nov.30 to Dec.11. Their toughest advice was focused on Alberta's crown energy jewel....
Tags: oil
transition
climate
alberta
Suncor's attempt to dismantle Canadian Oil Sands takeover defence heads to ASC
2015-11-06 15:08:16| Electronics - Topix.net
The battle between Suncor Energy Inc. and Canadian Oil Sands heads to the Alberta Securities Commission on Nov. 26. Suncor has asked the provincial regulator to dismantle one of the anti-takeover measures adopted by COS directors, so Canadian Oil Sands shareholders can decide for themselves whether to accept a deal announced on Oct. 5. Canadian Oil Sands says its board is actually attempting to defend its shareholders from a bidder with an unfair advantage because of it has access to private information about the Syncrude oil sands operations north of Fort McMurray, Alta. COS has a 37 per cent stake in Syncrude and Suncor has 12 per cent, so together they own just under half of the complex.
Tags: oil
attempt
canadian
heads
Suncor's attempt to dismantle Canadian Oil Sands takeover defence heads to ASC
2015-11-06 14:51:34| Oil & Gas - Topix.net
The battle between Suncor Energy Inc. and Canadian Oil Sands heads to the Alberta Securities Commission on Nov. 26. Suncor has asked the provincial regulator to dismantle one of the anti-takeover measures adopted by COS directors, so Canadian Oil Sands shareholders can decide for themselves whether to accept a deal announced on Oct. 5. Canadian Oil Sands says its board is actually attempting to defend its shareholders from a bidder with an unfair advantage because of it has access to private information about the Syncrude oil sands operations north of Fort McMurray, Alta. COS has a 37 per cent stake in Syncrude and Suncor has 12 per cent, so together they own just under half of the complex.
Tags: oil
attempt
canadian
heads
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