Topic: Energy Sector

Regulators approve Suncor oil sands expansions

CALGARY, Alberta (Reuters) - Regulators have approved three expansion stages at Suncor Energy Inc's Firebag oil sands project that will eventually add output of 188,000 barrels of bitumen a day, Suncor said on Thursday. The production phases, given the green light by the Alberta Energy Resources Conservation Board, would ...
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More regulation needed for Canada oil sands: report

CALGARY, Alberta (Reuters) - Steam-driven projects to extract crude from Canada's oil sands, often held up as more environmentally friendly than mining, have major drawbacks of their own that require more stringent regulation to fix, an environmental think tank said on Wednesday. The Alberta-based Pembina Institute compared nine projects that ...
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Marathon Oil CEO's 2009 pay falls 21 pct

Marathon Oil CEO's 2009 total compensation falls 21 percent to $6.6MAs Associated Press calculation shows that Marathon Oil Corp. paid its president and chief executive officer $6.6 million in 2009, 21 percent less than in 2008. An analysis of a March 8 filing by the Houston oil ...
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Gulf lease sale draws $949.3 million in high bids

Energy companies put out $949.3 million in high bids for offshore leasesWith oil prices up $30 a barrel from last year, energy companies issued $949.3 million in winning bids Wednesday for federal offshore petroleum leases off the coasts of Louisiana, Mississippi and Alabama. The Minerals Management Service said ...
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