Century Dictionary and Cyclopedia
- n. The name given in the Pennsylvania petroleum region to the beds of sandstone from which the oil is obtained by boring. See petroleum.
“Alberta and Canadian federal officials have worked to clean up the oil-sand industry's image.”
“Sunshine Oilsands, which was incorporated in early 2007 and isn't expected to produce any oil until next year, owns and controls 4,600 square kilometers of oil-sand leases in the Athabasca sands region in the Canadian province of Alberta.”
“Last month, the government approved a $9 billion oil-sand development project led by Total SA, but only after a six-year approval process.”
“After first insisting that the pollution Mr. Schindler uncovered was naturally present, rather than created by the industry, the Alberta government admitted this year that its monitoring system, a joint-effort between the provincial government, oil-sand companies and native groups, was inadequate to measure the kind of pollution discovered in the region.”
“Pursuing oil reserves further afield, PetroChina received approval from the Canadian government at the end of 2009 to purchase 60% of two oil-sand projects in Alberta, owned by the Athabasca Oil Sands Corporation.”
“When oil prices were high, many producers scrambled to cultivate the rich oil-sand fields of the Athabasca basin in Canada's Alberta province.”
“Under its proposed "intensity" caps to fight global warming, the Harper government predicts a near doubling in oil-sand emissions by 2020.”
“To boost reserves, it has bid for at least $7.8 billion of overseas assets in the last two years, including shale-gas and oil-sand acreages in North America.”
“The energy developer expects its oil-sand and shale-gas assets in North America to start production in 2013, Im said.”
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