Oil Sands Stocks List

Oil Sands Stocks Recent News

Date Stock Title
Mar 1 MEG MEG Energy says Canada's Trans Mountain to start line fill from April
Mar 1 MEG Trudeau’s Long-Delayed Oil Pipeline Seeks First Crude Deliveries
Mar 1 PPL Pembina Pipeline Corporation Provides Notice of Series 17 Preferred Share Conversion Right and Announces Reset Dividend Rates
Mar 1 CNQ Canadian Natural Resources Limited (NYSE:CNQ) Q4 2023 Earnings Call Transcript
Mar 1 NOA North American Construction Group Ltd. Announces Appointment to Board of Directors
Mar 1 ENB This 7.9%-Yielding Dividend Stock Is a Magnificent Option for Those Seeking Super-Safe Income
Mar 1 ENB 3 Foreign Dividend Stocks That Yield More Than 5% and Can Diversify Your Portfolio
Feb 29 MEG MEG’s Gates to Become Sole Female CEO in Oil-Sands Industry
Feb 29 MEG MEG Energy announces President & Chief Executive Officer Succession
Feb 29 MEG MEG Energy announces 2023 financial and operating results
Feb 29 ATH Athabasca Oil Announces 2023 Year-end Results & Reserves and Plans to Renew Annual Share Buyback Program
Feb 29 ENB Art Sets the Record Straight, Shows 'The True Story of African Americans'
Feb 29 CNQ Canadian Natural Resources (CNQ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Feb 29 CNQ Canadian Natural Resources (CNQ) Q4 Earnings and Revenues Surpass Estimates
Feb 29 ENB Want Decades of Passive Income? 3 Stocks to Buy Now
Feb 29 CNQ Canadian Natural Resources beats Q4 profit, sweetens shareholders' returns
Feb 29 CNQ Canadian Natural Resources Limited Announces 2023 Fourth Quarter and Year End Results
Feb 29 IMO Decoding Imperial Oil Ltd (IMO): A Strategic SWOT Insight
Feb 29 MEG This Could Be A Gamechanger For Natural Gas In Europe
Feb 28 SU Meet the Man Using AI To Revive An Oil & Gas Play Supermajors Left For Dead
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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