Then there are the industrial tar pits, better known as oil sands, tar sands and bituminous sands. And, to no one's surprise, they're of great interest to energy companies. But just like the name ...
The development of "oil shale" (not to be confused with "shale oil") and "tar sands" has been shown to be environmentally destructive, and water and energy intensive. Extracting oil from U.S. public ...
Tar sands oil — even the name sounds bad. And it is bad. In fact, oil from tar sands is one of the most destructive, carbon-intensive and toxic fuels on the planet. Producing it releases three times ...
Canada's Industry Minister, Tony Clement, has given PetroChina the go-ahead for a 1.7 billion US dollars acquisition of two oil sand projects. The deal gives the Chinese company 60% control of ...
The $6.5 billion transaction consisted of producing and undeveloped oil sand, liquid and natural gas properties in Alberta province. Canadian Natural Resources Ltd. has completed a transaction to ...