Oil Sands
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.
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.
News
May 09, 2016
Wildfires raging through Alberta are set to move away from the main oil-sands facilities north of Fort McMurray after knocking out an estimated 1 MMbpd from Canada’s energy hub.
News
April 21, 2016
Oil production in some of the riskiest, highest-cost regions of North America is still thriving, even as the worst slump in a generation takes a bite out of U.S. shale.
News
April 18, 2016
Husky Energy has started production at its Edam East Lloyd Thermal Project in Saskatchewan, the first of three thermal developments scheduled to come online this year.
News
March 15, 2016
The heavy oil production in California and fresh exploration frontiers like the oil sands in Canada have created a vast market for thermal enhanced oil recovery (EOR) in North America.
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.
