Oil Sands Stocks List

Oil Sands Stocks Recent News

Date Stock Title
Mar 27 ENB Enbridge (ENB) Forms JV to Enhance Permian Basin Connectivity
Mar 27 ENB These 2 High-Yield Dividend Stocks Are Teaming Up to Boost Their Ability to Pay Dividends
Mar 26 ENB Building Dreams: Northeast BC High School Students Get a Head Start in Career Pursuits
Mar 26 SU Top Stock Reports for Blackstone, Texas Instruments & BlackRock
Mar 26 ENB CANADA STOCKS-TSX gains on mining, healthcare boost
Mar 26 ATH CANADA STOCKS-TSX gains on mining, healthcare boost
Mar 26 SU Canadian Tire Corporation and Petro-Canada(TM) Fuel New Adventures with Loyalty Partnership Launch
Mar 26 SU Canadian Tire Corporation and Petro-Canada™ Fuel New Adventures with Loyalty Partnership Launch
Mar 26 ENB UPDATE 1-Enbridge to form natural gas supply venture connecting Permian and Gulf coast
Mar 26 ENB Enbridge to form natural gas supply venture connecting Permian and Gulf coast
Mar 26 ENB WHISTLER PIPELINE AND ENBRIDGE AGREE TO STRATEGIC COMBINATION OF WHISTLER AND RIO BRAVO NATURAL GAS ASSETS
Mar 26 ENB Enbridge to Enter into JV Connecting Permian Basin Natural Gas Supply to Growing LNG and USGC Demand
Mar 25 ENB Chevron (CVX) to Pay Settlement Worth $13M for Oil Spills
Mar 25 ENB Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
Mar 25 MEG Investors in MEG Energy (TSE:MEG) have seen incredible returns of 474% over the past five years
Mar 25 ENB This 7.5%-Yielding Dividend Stock Has a Powerful Emerging Growth Driver
Mar 24 SU 14 Best Climate Change Stocks To Buy According to Hedge Funds
Mar 24 CVE Institutional investors have a lot riding on Cenovus Energy Inc. (TSE:CVE) with 53% ownership
Mar 22 CVE Suncor Energy (SU) Up 8% Since Last Earnings Report: Can It Continue?
Mar 22 SU Suncor Energy (SU) Up 8% Since Last Earnings Report: Can It Continue?
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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