Oil Sands
News
February 27, 2019
A relentless increase in production from Alberta’s oil sands and higher crude prices in the first half of the year are powering the province’s budget through a pipeline shortage that has weighed on economic growth.
Article
February 2019
A year ago, things appeared to be looking up for Canada’s oil patch, but that proved unfounded. In early 2019, more uncertainty and pessimism are in the air, and little on the horizon provides hope for improvement.
News
January 23, 2019
In their quest to make one of the most expensive methods of producing crude more profitable, Canada’s oil-sands companies have been ramping up efforts to get their thick bitumen to flow through pipelines more easily and cheaply.
News
January 17, 2019
Husky Energy abandoned its $2.07 billion hostile takeover bid for rival Canadian oil-sands producers MEG Energy after failing to win enough support from shareholders.
News
January 16, 2019
Husky Energy Inc. is expected to win support to extend a deadline to persuade shareholders to back its hostile bid for rival oil-sands producer MEG Energy Corp., despite falling short of winning outright support for the offer, according to people familiar with the matter.
News
December 27, 2018
The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out.
News
December 05, 2018
The pipeline shortage that has been strangling the Canadian oil industry is weighing on spending plans for next year, with one major producer slashing its capital budget for 2019 by $750 million (C$1 billion).
News
October 03, 2018
Canadian heavy crude’s discount to WTI futures increased to the widest in almost five years, raising the specter of local oil producers curtailing operations.
News
September 11, 2018
A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments.
News
September 07, 2018
Canadian crude prices are plunging once again as repairs were completed on Alberta’s second-biggest oil sands upgrader and production surged from a new mine.
News
August 31, 2018
Total, together with its partners, has agreed to sell the Joslyn oil sands project in Alberta, Canada, to Canadian Natural Resources Limited (CNRL) for an overall consideration of C$225 million.
News
July 26, 2018
Suncor Energy Inc. managed to largely allay investors’ concerns over the most recent production problem at its massive Syncrude facility by highlighting its increasing cash flow and returning more of those funds to shareholders.
News
July 12, 2018
For any investor who was looking to gain from rising oil prices, there may not have been a better way to play the recent bull run than MEG Energy Corp.
News
July 09, 2018
Canadian crude supplies may remain tight in the coming weeks as Suncor Energy Inc. works to bring its massive Syncrude oil-sands operation back online, a process that the company said won’t be completed until September.
News
June 29, 2018
Canada’s oil industry just moved one step closer to getting some relief from its pipeline woes.
News
June 05, 2018
Canadian crude surged by the most ever after Enbridge Inc. said it won’t implement a new procedure to stop shippers from claiming more space than they can use on a key pipeline linking Alberta’s oil sands with U.S. refineries.
News
May 30, 2018
Canada’s purchase of Kinder Morgan’s embattled pipeline is good news for the oil patch, so long as it doesn’t become the norm.
News
May 18, 2018
Justin Trudeau’s pipeline nightmare may be only getting started.
News
May 08, 2018
Royal Dutch Shell has agreed to sell out of oil-sands producer Canadian Natural Resources.
News
April 27, 2018
Canada’s oil sands are getting a taste of their slower-growth future.
News
March 13, 2018
Turning Canada’s heavy oil sands into a more marketable kind of crude is making a comeback, or rather half a comeback.
