The bigger they are ... 04/01/2007
Major oil sands players jittery about impact of tax, environmental changes, but Oilsands Quest, Enerplus Resources Fund and Value Creation take bold strides
On the mega-scale, these are uneasy times for Alberta's oil sands operators. At the minnow end, there is no sign of dwindling ambitions. For the large companies, on edge as they await the Canadian gov...

Value Creation unveils value-added plans 04/30/2006
Drawing from a quarter-century of global experience with Royal Dutch/Shell, Columba Yeung is ready to steer his privately held company on the path to oil sands development on a grand scale. The found...

Merchant upgrader gets corporate go-ahead 02/26/2006
BA Energy has board approval to proceed with Alberta's first merchant upgrader to process bitumen from the oil sands. The first phase is now projected to cost C$900 million, 12 percent above original...

Investors back independent upgrader 09/25/2005
The Alberta oil sands got another international vote of confidence when investors supported a C$185 million financing for Canada's first independent bitumen upgrader. BA Energy, a division of a closel...

Standalone upgrader gets regulatory nod 07/31/2005
BA Energy plant in Edmonton refinery area will be first independent of producers; North West Upgrading also has plant in works
A private company is one large step closer to launching a possible C$1.8 billion heavy oil upgrader plant - the first of its kind to operate independently of producers. BA Energy, a unit of Value Crea...

Value Creation to drill 50-60 wells on oil sands leases 06/27/2004
Calgary-based Value Creation Inc. said June 17 it will conduct a 50 to 60 well drilling program next winter on 16 oil sands leases covering nearly 72,000 hectares in the Athabasca oil sands area. The...

Independent chases oil sands upgrading 12/07/2003
Technology could lower upgrading costs by 50 percent
A private Calgary company has joined the growing line of oil sands innovators with plans for a heavy oil upgrader tailored to the needs of North American refineries. BA Energy, a division of closely-h...