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Canadian oil sands production could grow by 175% to 3.3 million b/d in 2025, despite across-the-board cancellations or postponements of projects since last fall, the Canadian Association of Petroleum Producers said Friday.

In a report, CAPP said its high-end "growth case assumes the current investment climate will improve over time," while its more conservative outlook represents only m Read More »
Suncor Energy Inc. reports that it has entered into crude oil hedges for approximately 125,000 barrels per day (bpd) of production from February 1 through December 31, 2009. These volumes are in addition to a previously reported option to sell 55,000 bpd at an equivalent WTI floor price of US$60.00 per barrel for January 1 to December 31, 2009. The combination of the previous options and new fixe Read More »
The drive is on to make tomorrow's transport fuels and lubricants on a large scale from clean-burning natural gas. Construction of the world's largest gas to liquids (GTL) plant, Pearl GTL in Qatar, is a major step towards meeting the world’s growing demand for cleaner energy.

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