Oil Sands
News
November 23, 2016
Advisers to Donald Trump are exploring ways he can green light the Keystone XL oil pipeline on the day he is sworn into office, including by rescinding a 48-year-old presidential order.
News
September 30, 2016
Canadian oil-sands producers are running out of tricks to buoy their share prices as crude prices keep bumping up against a $50 ceiling.
News
September 22, 2016
Imperial Oil and Suncor Energy are looking for more ways to shave costs at their Syncrude joint venture by sharing trucks, storage and other resources with nearby operations owned by Suncor, Imperial CEO Richard Kruger said.
News
September 16, 2016
Three new proposed oil sands developments have cleared an important early step in the regulatory process.
News
September 14, 2016
Oil prices will become more volatile after next year amid under-investment in production and uncertain growth in demand, Suncor Energy CEO Steve Williams said.
Article
August 2016
Rocked by the worst oil-price collapse in recent memory, Canadian operators are struggling to adapt to the new normal. The industry faces continued market access challenges, with much-needed pipelines bogged down by opposition.
News
August 04, 2016
Canadian Natural Resources Ltd., the nation’s largest heavy-oil producer, reported a narrower second-quarter loss as lower costs helped offset the slump in crude prices.
News
July 22, 2016
Suncor Energy Inc. plans to hold total greenhouse gas emissions at current levels through 2030, even as it boosts crude production by targeting a reduction in carbon output per barrel.
News
July 14, 2016
CNOOC Ltd.’s decision this week to idle part of its Long Lake oil-sands operation in Alberta comes after five years of problems cemented the site’s reputation as one of the most troubled projects in the region.
News
July 14, 2016
Devon Energy Corp. has entered into a definitive agreement to sell its 50% ownership interest in Access Pipeline to Wolf Midstream Inc., a portfolio company of Canada Pension Plan Investment Board, for C$1.4 billion.
News
July 12, 2016
Cnooc Ltd.’s Nexen Energy unit will eliminate 350 jobs this year after deciding not to repair its Long Lake oil-sands upgrader in northern Alberta following an explosion in January.
News
July 08, 2016
Suncor Energy Inc. is making the biggest bet on oil among the world’s largest producers, counting on recent purchases to help push costs lower while betting demand will outweigh supply.
News
June 27, 2016
IHS expects continued Canadian oil sands production growth through 2025, with oil sands growth entering a new phase driven primarily by the expansion of existing facilities with more attractive economics.
News
June 23, 2016
Forecasted growth in Canadian oil production shows new major oil pipelines are urgently needed to deliver safe, secure and reliable energy to domestic and world markets, the Canadian Association of Petroleum Producers (CAPP) said in its 2016 Crude Oil Forecast, Markets and Transportation report.
News
June 17, 2016
Husky Energy has commenced steam operations at the 4,500 bopd Edam West thermal project in Saskatchewan, its third thermal development to be brought online this year.
News
June 14, 2016
Harbir Chhina helped develop the game-changing steam technology that allowed companies to tap the world’s third-largest reserves in Canada’s oil sands. It was a moonshot that paid off.
News
May 31, 2016
Suncor Energy restarted oil-sands operations near wildfire-ravaged Fort McMurray, enabling thousands of people to return to work.
News
May 23, 2016
Oil dropped for a fourth day as producers in Canada worked to resume operations after wildfires and Iran continued to increase exports.
News
May 19, 2016
Canadians who fled the wildfire devastation in the oil-sands community of Fort McMurray can tentatively expect to return in a couple of weeks, while the blaze still rages elsewhere in the region and major production sites remain shut.
News
May 17, 2016
Wildfires raging across northern Alberta shifted back toward oil-sands installations north of Fort McMurray, forcing the evacuation of thousands of workers who have been trying to get production restarted after fires curbed output by more than 1 MMbpd.
News
May 12, 2016
Husky Energy has started steam operations at the Vawn Lloyd Thermal Project in Saskatchewan, Canada. The 10,000-bpd Vawn development is expected to produce first oil early in the third quarter.
