The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of rich in , a heavy and viscous form of petroleum, in northeastern , Canada. These reserves are one of the largest sources of in the world, making Canada a significant player in the global energy market.
[pdf] North America’s oil and gas sector saw a small bump in activity last week, but it wasn’t thanks to the U.S. — Canada stole the spotlight, boosting its rig count while the U.S. slipped further behind. According to new figures from Baker Hughes, the continent added 9 rigs, bringing the total to 699.
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