Oil Sands

News
July 09, 2015
Despite lower oil prices and other challenges, growth in Canadian oil sands will continue and remain one of the top sources of global supply growth in coming years, according to a new report by IHS.
News
July 08, 2015
Suncor Energy has reached an agreement with TransAlta Corporation to exchange Suncor's Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta's Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor's oil sands base site in Fort McMurray Alberta.
News
July 06, 2015
Husky Energy is continuing to ramp up production at the Sunrise Energy Project in northeast Alberta, the company announced Monday.
News
June 29, 2015
Canada’s oil sands producers are prepared to take a greater leadership role on climate action as part of the growing global intention to reduce greenhouse gas emissions, the Canadian Association of Petroleum Producers (CAPP) said.
News
June 29, 2015
The Alberta government should consider four principles to make the province more competitive for of oil and gas investment as it proceeds with its royalty review, the Canadian Association of Petroleum Producers said Friday.
News
June 25, 2015
For a resource-rich nation eager to expand crude exports from the oil sands, Canada has been striking out lately. TransCanada’s Energy East marks the fourth time this decade an oil-sands pipeline has been mired in environmental opposition.
News
June 18, 2015
The era of the megaproject in Canada’s oil sands is fading.
News
June 16, 2015
Exxon Mobil Corp. announced Tuesday that production at its Kearl oil sands expansion project in Alberta, Canada, started ahead of schedule and is expected to double overall capacity to 220,000 bpd of bitumen.
News
June 11, 2015
Cenovus Energy has returned to normal operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to the precautionary shutdown of the operation on May 23 for 11 full days.
News
June 04, 2015
An Alberta wildfire that shut 10% of Canada’s oil sands production won’t be contained for three days as Canadian Natural Resources Ltd. ramped up production at its Kirby South site.
News
June 01, 2015
ConocoPhillips achieved a significant milestone at its Surmont oil sands project in Canada with the on-schedule start of first steam at phase 2 on May 29.
News
May 27, 2015
Wildfires in northern Alberta kept about 10% of Canada’s oil sands production offline for a third day as Bank of America Corp. warned the blazes may slow the economy.
News
May 26, 2015
Canadian Natural Resources Ltd. reduced production from its Kirby South oil-sands operation in Alberta, raising the amount of production brought offline because of a nearby forest fire to the 233,000 bpd facility.
News
May 25, 2015
Alberta forest fires have prompted the shutdown of about 9% of Canada’s oil sands production.
News
May 21, 2015
Canada’s oil sands industry faces an equal risk from its reputation as an environmental laggard, as from high operating costs, industry observers said. The failure to win approval for pipelines like TransCanada Corp.’s Keystone XL and Enbridge Inc.’s Northern Gateway is tied to concerns about carbon emissions with oil production, Ed Whittingham, executive director of the Pembina Institute, said at the Bloomberg Economic Series Canada summit in Toronto. “The oil sands feeds into concern about the climate,” he said. “The primary driving concern is climate.”
News
May 15, 2015
An indication that crude’s recent rally has further to run can be found in the northern forests of Alberta, where companies are paying the most in eight years to lease land for oil sands development.
News
May 11, 2015
Exxon Mobil Corp. announced Monday that bitumen production began on schedule at the $2-billion Cold Lake Nabiye project expansion in northeastern Alberta, Canada.
News
May 01, 2015
The huge gas resource base in North America offers significant potential for LNG exports, but currently it is the U.S., not Canada, that is building an LNG export industry, according to Wood Mackenzie’s latest analysis.
News
April 23, 2015
Fluor Corporation was awarded an engineering, procurement, fabrication and construction (EPFC) contract by Suncor Energy Oil Sands Limited Partnership for a tank farm development project in the Athabasca oil sands region in Alberta, Canada.
News
April 03, 2015
CB&I has been awarded a contract valued at approximately $50 million for the engineering, procurement, fabrication and construction of seven storage tanks near Fort McMurray, Canada.
News
March 24, 2015
HOUSTON -- Halliburton’s Completion Tools business line has introduced the EquiFlow OptiSteam flow control device (FCD) for steam-assisted gravity drainage (SAGD) injectors.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.