History
The Athabasca oil sands are named after the Athabasca River which cuts through the heart of the deposit, and traces of the heavy oil are readily observed on the river banks. Historically, the bitumen was used by the indigenous Cree and Dene Aboriginal peoples to waterproof their canoes. The oil deposits are located within the boundaries of Treaty 8, and several First Nations of the area are involved with the sands.
Athabasca oil sands on the banks of the river, c. 1900
The Athabasca oil ...
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Friday, January 27th, 2012
Business
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Mercer Gold Corp. (OTC BB:MRGP) recently reported that the company has appointed Mr. Edward Flood to the Board of Directors. Mr. Flood has over 35 years of experience in international mining and was previously the Deputy Chairman of Ivanhoe Mines Ltd. and its founding President. Prior to joining Ivanhoe, Mr. Flood was a principal at Robertson Stephens & Co., an investment bank in San Francisco where he was a member of the investment team for the Contrarian Fund, a ...
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Thursday, January 26th, 2012
Business
Oil and gas royalty interest investments lack the risks inherent with owning an oil well since you are not responsible for the expenses associated with it. It can be a good addition to your already diversified portfolio. It has some tax advantages as well. Generally, the duration of interest paid on owning a royalty is never-ending. It is similar to a perpetuity paid in never retiring bonds. The investors are free of any liability such as Liability for costs of explorations, operation and ...
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Wednesday, January 25th, 2012
Business
Invest in oil and gas Investing in Oil and Gas Ventures can provide any investor with a large window of opportunity. Today's investor can choose among numerous projects that offer very high financial rewards, and an investment in oil and gas is definitely one of them. You can expect Return of Capital in 6 to 12 months with greater than average Annual Rate of Return. Risk inherent in an average well is less risky than what it was10 years ago with the probability of success to be better than ...
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Tuesday, January 24th, 2012
Business
In the "5? 12" in the earthquake anniversary, May 10 from Sichuan Province, China Chemical Industry News, Economic Commission and field interviews understand chemical enterprises in Sichuan Province after two years of reconstruction, now has 100% resumption of production, 3 years 85% of redevelopment projects have been completed and implemented in the reconstruction of the adjustment of industrial upgrading, showing a positive development. 1 to 4 months, Sichuan Province, the chemical industry ...
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Monday, January 23rd, 2012
Business
Oil and gas royalties, along with mineral rights are sold by their owners for variety of reasons. The first important reason is to obtain quick cash for handling an emergency situation. Second reason for selling oil and exploration gas royalty is to get rid of these royalties received in inheritance. Some people don't find it easy to manage these estates and thus, sell them to start another business. Liquidation of estates is another reason to sell these royalties. To entertain all these needs, ...
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Sunday, January 22nd, 2012
Business
"In the future there may be 3-4 in each city gas supply, gas supply to a relative surplus." China Gas Association, the responsible person on the 18th told reporters, "the next 3-5 years will create a domestic gas pipeline network, and more gas source, the interconnection of multiple pipelines. natural gas one, two, three, four, Shaanxi-Beijing one, two, three, four, ZhongWu line, Burma line, Northeast pipelines will be interconnected. "" gas shortage " problems exist at present, though still to ...
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Saturday, January 21st, 2012
Business
Amoy
Ministry of Railways has set up a China-US, Russia, Pakistan, China and Saudi Arabia, China and Venezuela, Burma, China-Kyrgyzstan-Uzbekistan, Poland, India and other foreign cooperation project coordination group to organize domestic enterprises to develop outside the railway engineering contracting and equipment exports market. At present, Shatemaijia pilgrimage light rail project is progressing well, the central and western Venezuela, the railway projects under construction, with ...
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Friday, January 20th, 2012
Business