Oil Sands Stocks List

Oil Sands Stocks Recent News

Date Stock Title
Jul 5 PBA Pembina Pipelines: Why We Bought The 8.31% Yielding Preferreds
Jul 5 TECK Canada’s Move to Protect Mining Sector Shields Takeover Targets
Jul 5 TECK Glencore gets Canada’s approval to buy Teck steelmaking coal unit
Jul 5 TECK Teck Jumps on Buyback, Debt Plan After Coal Sale to Glencore
Jul 5 PBA Pembina Pipeline Maintained at Buy at TPH Ahead of Q2 Results; Price Target at C$56.00
Jul 5 SU Suncor shuts Firebag oil sands site due to Alberta wildfire
Jul 5 SU Suncor (SU) Shuts Down Firebag Site Amid Wildfire Concerns
Jul 5 TECK Teck Resources (TECK) Closes Sale of Its Steelmaking Coal Unit
Jul 5 TECK Teck Resources "Outperform" Rating, $83 Price Target Confirmed by National Bank of Canada
Jul 5 TECK Glencore deal for Teck Resources coal assets approved by Canada with conditions
Jul 5 TECK Update: Teck Resources Closes Sale of Steelmaking Coal Business; Details Cash Tender Offers and Q2 Steelmaking Coal Sales
Jul 5 SU Wildfire Risk Forces Suncor To Shut Down Firebag Oil Sands Site: Report
Jul 5 TECK Update: Teck Resources Obtains All Regulatory Approvals for Steelmaking Coal Business Sale
Jul 5 CLH Spotting Winners: Casella Waste Systems (NASDAQ:CWST) And Waste Management Stocks In Q1
Jul 5 TECK Canada Approves Glencore-Led Deal for Teck Coal Assets
Jul 5 TECK Glencore Coal Deal Approved by Canada as Teck Plans Buyback
Jul 5 TECK Teck Announces Cash Tender Offers for up to US$1.25 Billion of Debt Securities
Jul 5 TECK Teck Receives Regulatory Approval for Sale of Steelmaking Coal Business
Jul 4 TECK Canada approves Glencore takeover of Teck coal unit, with conditions
Jul 4 SU Suncor oil sands site shut because of nearby wildfire, Alberta minister says
Oil Sands

Oil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, saturated with a dense and extremely viscous form of petroleum technically referred to as bitumen (or colloquially as tar due to its superficially similar appearance).Natural bitumen deposits are reported in many countries, but in particular are found in extremely large quantities in Canada. Other large reserves are located in Kazakhstan, Russia, and Venezuela. The estimated worldwide deposits of oil are more than 2 trillion barrels (320 billion cubic metres); the estimates include deposits that have not been discovered. Proven reserves of bitumen contain approximately 100 billion barrels, and total natural bitumen reserves are estimated at 249.67 Gbbl (39.694×10^9 m3) worldwide, of which 176.8 Gbbl (28.11×10^9 m3), or 70.8%, are in Alberta, Canada.The crude bitumen contained in the Canadian oil sands is described by the National Energy Board of Canada as "a highly viscous mixture of hydrocarbons heavier than pentanes which, in its natural state, is not usually recoverable at a commercial rate through a well because it is too thick to flow." Crude bitumen is a thick, sticky form of crude oil, so heavy and viscous (thick) that it will not flow unless heated or diluted with lighter hydrocarbons such as light crude oil or natural-gas condensate. At room temperature, it is much like cold molasses. The World Energy Council (WEC) defines natural bitumen as "oil having a viscosity greater than 10,000 centipoise under reservoir conditions and an API gravity of less than 10° API". The Orinoco Belt in Venezuela is sometimes described as oil sands, but these deposits are non-bituminous, falling instead into the category of heavy or extra-heavy oil due to their lower viscosity. Natural bitumen and extra-heavy oil differ in the degree by which they have been degraded from the original conventional oils by bacteria. According to the WEC, extra-heavy oil has "a gravity of less than 10° API and a reservoir viscosity of no more than 10,000 centipoise".Oil sands have only recently been considered to be part of the world's oil reserves, as historically high oil prices and new technology enabled profitable extraction and processing. Together with other so-called unconventional oil extraction practices, oil sands are implicated in the unburnable carbon debate but also contribute to energy security and counteract the international price cartel OPEC. According to a study ordered by the Government of Alberta, Canada, conducted by Jacobs Engineering Group, carbon emissions from oil-sand crude are 12% higher than from conventional oil.

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