Energy Environmental Blog

Oil Sands and US Royalties

Written by Greg Russell | Apr 14, 2010 8:47:57 AM

The Houston Chronicle has a number of interesting energy-related articles.  Here, it notes that ConocoPhillips is planning on selling its stake in a Canadian oil-sands project to a Chines oil company for $4.7 billion.  And here it reports on a plan by the Interior Department to review the royalties the federal government receives when leasing public lands for oil and gas development (as well as a more global review of what producers pay to develop resources off-shore).