Green Car Congress
DECEMBER 30, 2009
Tony Clement, Canada’s Minister of Industry, has approved the acquisition by PetroChina of the MacKay and Dover Oil Sands projects from Athabasca Oil Sands Corporation (AOSC) “ because I am satisfied that the investment is likely to be of net benefit to Canada. ”. Earlier post.).
Green Car Congress
DECEMBER 23, 2012
American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. In April 2012, ACL purchased eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc.,
Green Car Congress
JULY 20, 2011
an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a
Green Car Congress
MAY 14, 2010
Penn West Energy Trust has entered into an agreement with a wholly-owned subsidiary of the China Investment Corporation (CIC) to form a joint venture that will develop Penn West’s bitumen assets located in the Peace River area of northern Alberta. CIC has also agreed to purchase trust units of Penn West on a private placement basis.
Green Car Congress
DECEMBER 24, 2011
Canada-based Osum Oil Sands Corp. million callable common share purchase warrants, each exercisable into one common share at any time without conditions by Osum, at a price of $12.50 has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities.
Green Car Congress
APRIL 2, 2009
has sold a 10% interest in the Northern Lights Partnership (NLP) to SinoCanada Petroleum Corporation (SinoCanada), a subsidiary of China Petroleum & Chemical Corporation (Sinopec). Total Canada acquired the remaining 60% interest when it purchased Synenco Energy Inc. UTS is a 20% partner in the Fort Hills oil sands project.
Green Car Congress
MAY 29, 2018
The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 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.
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