Oil Sands
News
March 01, 2016
Husky Energy has started steam operations at the Edam East heavy oil thermal project in Saskatchewan, the first of three new thermal projects coming online this year.
News
February 05, 2016
Suncor Energy Ltd. said Canadian Oil Sands Ltd. shareholders holding more than two-thirds of the stock tendered their shares in a takeover that will make the biggest oil-sands producer also the largest owner of the Syncrude project in norther Alberta.
News
January 29, 2016
Alberta's left-leaning government unveiled a new energy royalty framework on Friday that left rates unchanged on existing oil wells and oil sands projects, alleviating fears that costs would rise to punishing levels amid the worst crude price slump in decades.
News
January 18, 2016
Suncor Energy and Canadian Oil Sands (COS) have reached an agreement to support the offer by Suncor to purchase all of the shares of COS. Under the terms of the agreement, Suncor has agreed to amend its offer to provide for an increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share.
News
January 15, 2016
Nexen Energy is responding to an incident at its Long Lake oil sands facility south of Fort McMurray, Alberta.
News
January 14, 2016
Think oil in the $20s is bad? In Canada they’d be happy to sell it for $10.
News
January 11, 2016
Suncor Energy Inc. will probably need to sweeten its bid for Canadian Oil Sands Ltd. after failing to convince enough shareholders to accept a C$4.03-billion ($2.84-billion) offer that management repeatedly rejected for undervaluing the company.
News
January 08, 2016
Suncor Energy has extended the deadline for its hostile takeover bid for Canadian Oil Sands (COS) Ltd. for a second time.
News
December 30, 2015
Canadian Oil Sands Ltd.’s board sent a letter to its shareholders Tuesday urging them once again to reject the hostile bid by Suncor Energy Inc. ahead of the offer’s deadline next week.
News
December 18, 2015
Following years of cost escalations that coincided with rapid production growth, oil sands costs are falling. However, their competitive position as a major source of global supply growth may still shift, a new IHS report says.
News
December 08, 2015
For Canada’s oil industry, the bad news won’t stop.
News
December 04, 2015
Suncor Energy has extended its offer to Canadian Oil Sands Limited shareholders.
News
December 01, 2015
Canadian Oil Sands Ltd.’s shareholders won another month to find suitors willing to counter Suncor Energy Inc.’s C$4.5 billion ($3.37 billion) hostile takeover offer. They may lose Suncor’s bid in the process.
News
November 27, 2015
Suncor Energy Inc. said it may scrap its $4.5 billion hostile bid for Canadian Oil Sands Ltd. if Alberta regulators endorse a poison pill that would give the target company more time to find other bidders.
News
November 26, 2015
Suncor Energy Inc.’s battle for Canadian Oil Sands Ltd. is getting more crowded.
News
November 23, 2015
Canada’s oil sands are about to be put on a carbon diet as the country strives to overcome the “dirty oil” label used by President Barack Obama in rejecting the Keystone XL pipeline.
News
November 23, 2015
Four of Canada's largest oil sands producers have come together to demonstrate leadership on climate change.
News
November 20, 2015
The chief executive officers of Suncor Energy Inc. and Canadian Oil Sands Ltd. both say they’ve got votes on their side as the nation’s top crude producer promotes a hostile takeover bid for its smaller rival. One of them is going to be disappointed.
News
November 10, 2015
Suncor Energy has successfully closed the previously announced purchase of an additional 10% working interest in the Fort Hills oil sands project from Total E&P Canada Ltd.
News
November 06, 2015
President Barack Obama’s rejection of the Keystone XL pipeline solidifies what the market has been saying for months -- there’s less appetite for expensive Canadian oil sands in an era of $45 crude.
News
November 06, 2015
Suncor Energy Inc. is stepping up its hostile C$4.3 billion ($3.3 billion) bid for Canadian Oil Sands Ltd. by asking Alberta regulators to strike down the target’s new shareholder rights plan aimed at preventing its takeover.
