Oil Sands
News
April 24, 2017
The $20 billion of oil-sands assets that Canadian producers bought from foreign companies in a recent spate of deals shows they’re doubling down on their operations and the region’s resources, Alberta Energy Minister Marg McCuaig-Boyd said.
News
April 20, 2017
Now that multi-national energy producers have sold their stakes in Canada’s oil sands, local companies are hatching plans to make some real changes.
News
April 06, 2017
An ongoing disruption at Canada’s second-biggest oil sands upgrader has sent prices soaring from Alberta to Louisiana.
News
April 02, 2017
Four years ago, Canada’s government tried to keep state-owned companies out of Alberta’s oil sands. Now, they may be around for a while.
News
March 31, 2017
Cenovus Energy Inc. plans to raise about C$1.8 billion ($1.35 billion) from property sales as it seeks to offset the cost of its C$17.7 billion purchase of ConocoPhillips’ Canadian oil assets, according to people familiar with the matter.
News
March 09, 2017
Marathon Oil Corporation announced today that it has signed an agreement to sell its Canadian subsidiary, which includes the Company's 20% non-operated interest in the Athabasca Oil Sands Project (AOSP), to Shell and Canadian Natural Resources Limited for $2.5 billion in cash, excluding closing adjustments.
News
March 09, 2017
Royal Dutch Shell Plc will sell almost all of its production assets in Canada’s oil sands in a $7.25-billion deal that cuts debt and reduces involvement in one of the most environmentally damaging forms of fossil-fuel extraction.
News
February 27, 2017
Royal Dutch Shell Plc is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude’s crash forced competitors to write down Canadian reserves.
News
February 23, 2017
Oil-sands investments in Western Canada that gobbled tens of billions of dollars over the past decade are proving an Achilles heel for some of the world’s biggest energy producers.
News
February 09, 2017
Suncor Energy Inc.’s production rose to a record last quarter after the oil-sands giant took control of the Syncrude processing unit and put it at full throttle.
