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Bitumen News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about oil and gas.
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  • Production up at Nexen's Long Lake oilsands project 5 Dec 2009 11:32 GMT
    ... Lake oilsands project CALGARY The volume of bitumen flowing from Nexen Inc.’s Long Lake oilsands ... improving since the third quarter, when the oil and gas producer had to take down some ... technology, in which the dregs of each barrel of bitumen are used to create a ...

  • Scraping the bottom of Earth's barrel 4 Dec 2009 18:06 GMT
    ... EIGHTY-FIVE million barrels. That's how much oil we consume every day. It's a staggering ... a viscous, black, sticky petroleum deposit called bitumen), oil shale (a sedimentary rock containing kerogen, ... only in size to Saudi Arabia's conventional crude. Today, production stands at 1.2 million barrels ...

  • Oil Investing: Cooking Cabbage Soup 4 Dec 2009 11:14 GMT
    ... What are kerogens, the oil window and API gravity? About ten years ... this got to do with investing? Well crude oil starts off as goo similar to ... water (i.e. <10° API) is classed as bitumen or extra-heavy oil. Exact definitions of light ...

  • Connacher Makes Headway at Alberta Oil Sands Operation 4 Dec 2009 18:22 GMT
    ... of the company's Great Divide in situ oil sands operation in northeastern Alberta. Construction activity at ... days thereafter, before the commencement of actual bitumen production from the Algar accumulation. Construction at ...

  • Suncor Energy Inc announces oil sands production of 314,000 bpd for November 2009 4 Dec 2009 10:35 GMT
    ... Suncor Energy Inc announces oil sands production of 314,000 bpd for November ... numbers include upgraded sweet and sour synthetic crude oil and diesel, as well as non-upgraded bitumen sold directly to the market, from all ...

  • Connacher provides operations update (CNW) 4 Dec 2009 14:02 GMT
    ... days thereafter, before the commencement of actual bitumen production from the Algar accumulation. Construction at ... Divide Pod One, Connacher's first 10,000 bbl/d oil sands facility. We post updated photos each ... 2010. is a Calgary based producer of crude oil, natural gas and bitumen at its ...

  • Nexen CEO expects to see record production numbers from Long Lake soon 4 Dec 2009 19:53 GMT
    ... CALGARY The volume of bitumen flowing from Nexen Inc.'s (TSX:NXY) Long Lake ... improving since the third quarter, when the oil and gas producer had to take down some ... technology, in which the dregs of each barrel of bitumen are used to create a ...

  • Canada's climate shame 4 Dec 2009 10:32 GMT
    ... is developing the world’s second-largest reserve of oil. Did I say oil? It’s actually a filthy mixture of bitumen, sand, heavy metals and toxic organic chemicals. ... three times as much energy as refining crude oil. The companies exploiting them burn enough ...

  • Connacher provides operations update 4 Dec 2009 14:04 GMT
    ... NewsWire via COMTEX News Network) -- Connacher Oil and Gas Limited (CLL - TSX) is making ... days thereafter, before the commencement of actual bitumen production from the Algar accumulation. Construction at ...

  • Finding That Prime Parking Spot With Primospot 4 Dec 2009 01:50 GMT
    ... for electric cars. Seven of Alberta's nine oil sands projects will fail to meet new cleanup ... cleanup rules for vast tailing ponds near bitumen refineries, according to a new report. Among the ...

  • EU mergers and takeovers (Dec 4) 4 Dec 2009 17:41 GMT
    ... Cadbury Plc (notified Nov. 9/deadline Dec. 14) -- Eurotank Belgium B.V., controlled by Dutch oil trader Vitol Holding B.V., to acquire control of Belgian bitumen producer Petroplus Refining Antwerp N.V. and Petroplus Refining Antwerp Bitumen N.V. (notified Nov. 9/deadline ...

  • Nexen CEO expects to see record production numbers from Long Lake soon (Nexen) 4 Dec 2009 20:10 GMT
    ... Nexen Inc. (TSX:NXY) says output from the oil and gas producer´s Long Lake oilsands project is ... year. Marvin Romanow says the volume of bitumen flowing from the project near Fort McMurray, ...

  • Extreme oil: Scraping the bottom of Earth's barrel 2 Dec 2009 18:13 GMT
    ... EIGHTY-FIVE million barrels. That's how much oil we consume every day. It's a staggering ... a viscous, black, sticky petroleum deposit called bitumen), oil shale (a sedimentary rock containing kerogen, ... only in size to Saudi Arabia's conventional crude. Today, production stands at 1.2 million barrels ...

  • The Difference Between Oil Shale and Shale Oil 30 Nov 2009 19:33 GMT
    ... Atlantic Richfield's 60% interest in the Colony Oil Shale project in Colorado for $400 million. ... of independent North American E&P firms; with crude around $70 to $80 a barrel, many ... process of petroleum generation from organic matter; bitumen--the hydrocarbon targeted in oil sands projects--is formed ...

  • Eyeing the benefits of a pure oil play 1 Dec 2009 09:10 GMT
    ... to EnCana Corp., which split off its oil assets into Cenovus. He is now chief executive ... opinion the way of the future for bitumen production. Do the oil sands stand a ... intensity in industry at $15,000 per flowing barrel. And that's really what we need to ...


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