Green Car Congress
JULY 23, 2012
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.
Green Car Congress
DECEMBER 24, 2011
Canada-based Osum Oil Sands Corp. The financing was led by a combination of new and existing shareholders. In anticipation of regulatory approval, the Company continues to advance its detailed and long-lead engineering with completion expected in 2012. The placement will consist of 21.2 million common shares at $12.50
Green Car Congress
SEPTEMBER 1, 2009
Athabasca Oil Sands Corp. The agreements also provide for certain financing arrangements for AOSC. Oil sands projects are very capital-intensive long-term investments and difficult to fully finance in the traditional equity market. billion (US$1.7 In 2007, Alberta granted China National Petroleum Corp.
Green Car Congress
MAY 29, 2018
The 1,150-km (714-mile) Trans Mountain pipeline system (TMPL) is the only pipeline system in North America that transports both crude oil from the oil sands and refined products to the west coast. —Bill Morneau, Minister of Finance. billion (US$3.46 Earlier post.) This is an investment in Canada’s future.
Green Car Congress
NOVEMBER 6, 2015
One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.
Green Car Congress
MAY 21, 2012
billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Wanxiang was founded in 1969 by its Chairman Lu Guanqiu and is now one of the largest private companies in China.
Green Car Congress
JUNE 14, 2010
In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.
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