Koch oil sands holdings
20 Mar 2014 Separately, industry sources familiar with oil sands leases said Koch's lease holdings could be closer to two million acres. The companies with 8 Jul 2019 So too, the boreal forests acting as a sink for carbon and holding the The Venezuelan tar-sand bitumen was processed in Koch owned 6 Jul 2014 The ultra-right U.S. Koch brothers, little-known to Canadians, are major players in Alberta's oil patch, where they control at least 1.1 million 14 Mar 2017 The world's largest oil companies are retreating from the tar sands, multinational oil companies scaling back or eliminating their holdings in the tar sands: Just days after Statoil left the tar sands, Koch Industries, owned by Food. Shelter. Clothing. Transportation. Creating life's basic necessities for people around the world through various businesses in multiple industries. International Oil & Gas is a category for stories relating to tar sand production or climate change but not in any of the Koch brothers go deep in Alberta tar sands Most of their tar sands holdings remain untouched, but that may soon change.
14 Aug 2019 The conglomerate run by the wealthy Koch brothers has sold its oil-sands assets to a unit of Paramount Resources Ltd. for an undisclosed sum
The news lands just days after tar sands/oil sands analysts bemoaned the poor response the industry is receiving from investors, despite its continuing efforts to cut costs. “The majority of Koch Oil Sands licences have been transferred to Paramount Resources Ltd.,” Alberta Energy Regulator spokesperson Shawn Roth said in an email. In June, Koch Oil Sands Operating offered up ownership stakes in six undeveloped oil sands properties that encompass 220,000 net acres of oil leases and hold an estimated 8 billion net barrels of bitumen, the hydrocarbon resin that’s extracted from oil sands and then upgraded to usable crude oil. In that filing, Cenovus said it has 1.814 million net acres in its oil-sands lease holdings. By some estimates, Koch’s direct holdings nearly double ExxonMobil’s and nearly triple Shell’s. In May, Koch Oil Sands Operating LLC of Calgary, Alberta, sought permits to embark on a multi In June, Koch Oil Sands Operating offered up ownership stakes in six undeveloped oil sands properties that encompass 220,000 net acres of oil leases and hold an estimated 8 billion net barrels of bitumen, the hydrocarbon resin that's extracted from oil sands and then upgraded to usable crude oil. As it turns out, Koch Industries also controls anywhere from 1.1 million to as much as two million acres of Alberta’s oil sands – or the equivalent of around 4,500 square kilometers – thereby guaranteeing the company’s prosperity for decades to come. The value of their oil sands holdings is in the tens of billions of dollars. Koch Oil Sands Operating ULC applied to cancel its $800-million Muskwa SAGD oilsands project in northern Alberta, citing Notley’s 'Climate Leadership Plan' as a major reason. It was the company's second project withdrawal last year; the Dunkirk SAGD project north of Fort McMurray, Alta.
8 Jul 2019 So too, the boreal forests acting as a sink for carbon and holding the The Venezuelan tar-sand bitumen was processed in Koch owned
International Oil & Gas is a category for stories relating to tar sand production or climate change but not in any of the Koch brothers go deep in Alberta tar sands Most of their tar sands holdings remain untouched, but that may soon change. 22 Aug 2019 Li Ka Shing, former chairman of CK Asset Holdings “The majority of Koch Oil Sands licences have been transferred to Paramount Resources
He also wrote that Koch is one of the largest holders of oil sands assets in Alberta. Koch has made efforts to develop some of its leaseholdings.
21 Mar 2014 It's getting harder for the Koch brothers to insist that they have no that is publicizing the figures about Koch holdings in the oil sands – the 23 Sep 2013 Among its holdings are the paper products giant Georgia-Pacific (Dixie Cups, His innovation threatened the existing oil industry, which tied Koch up in that Koch already responsible for 25 percent of the tar sands oil being
14 Aug 2019 Paramount, meanwhile, expands its holdings in the oilsands, which already includes ownership in Cavalier and a stake in steam-based oilsands
22 Aug 2019 Li Ka Shing, former chairman of CK Asset Holdings “The majority of Koch Oil Sands licences have been transferred to Paramount Resources 17 Jun 2019 Yet few notice that over two-thirds of the entire tar-sands operations are carbon and holding the watershed together will be permanently lost. 12 Feb 2020 The Syncrude Canada plant at the Athabasca oil sands near Fort after Sweden's central bank said it would stop holding Alberta's bonds. 20 Mar 2014 Koch Brothers Are The Largest Land Owners Of Canada's Tar Sands “The company wouldn't comment on its holdings or strategy, but it 21 Mar 2014 It's getting harder for the Koch brothers to insist that they have no that is publicizing the figures about Koch holdings in the oil sands – the 23 Sep 2013 Among its holdings are the paper products giant Georgia-Pacific (Dixie Cups, His innovation threatened the existing oil industry, which tied Koch up in that Koch already responsible for 25 percent of the tar sands oil being 29 Sep 2019 7 Companies Owned by the Koch Brothers
International Oil & Gas is a category for stories relating to tar sand production or climate change but not in any of the Koch brothers go deep in Alberta tar sands Most of their tar sands holdings remain untouched, but that may soon change. 22 Aug 2019 Li Ka Shing, former chairman of CK Asset Holdings “The majority of Koch Oil Sands licences have been transferred to Paramount Resources