Tagged: Oil sands

Statoil Canada oil sands SAGD project produces first oil

On Jan. 27, Statoil announced first oil production from its Leismer Demonstration Project (LDP) after initiating steam injection in September 2010, one month ahead of schedule. “We are very pleased with the safe start...

Norway’s ruling parties delay oil sands vote

OSLO (Reuters) – Norway’s center-left government effectively delayed a parliamentary vote on Monday on whether majority state-owned oil and gas producer StatoilHydro should withdraw from a $2 billion Canadian oil sands venture. The oil...