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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

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Canada-based Osum Oil Sands Corp. The SAGD (steam assisted gravity drainage) pilot project at Saleski began operations in December 2010. The results are providing insights into how to best develop the Grosmont carbonate resource. Stikeman Elliot LLP acted as legal counsel to the KERN led shareholder group.

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Federal Judge rules California Low Carbon Fuel Standard violates Commerce Clause of US Constitution

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O’Neill, Eastern District of California, ruled on Thursday that the State of California’s Low Carbon Fuel Standard (LCFS) program is in violation of the Commerce Clause of the US Constitution and issued an injunction prohibiting its enforcement. Earlier post.) Earlier post.). These changes streamline the program.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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After Copenhagen, countries would then concentrate on “ two processes ”, now colloquially referred to as “two steps” in 2010. as compared to 1990 emissions, to be achieved between 2008 and 2012. “ We are not aiming to let anyone off the hook.

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