CALGARY (Reuters) -Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and Suncor become some of North America's lowest-cost oil ...
Despite lower oil prices, Canada’s oil sands production is expected to reach an annual all-time high of 3.5 million barrels per day (bpd) this year, thanks to optimization and efficiency at producing ...
Hot and dry weather is spawning dozens of new wildfires across Alberta, with blazes threatening more than 400,000 barrels a day of Canada’s oil production. In the past 24 hours, 47 new fires emerged ...
Chevron Corp. agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources Ltd. for $6.5 billion. The deal relates to Chevron’s 20% interest in the Athabasca Oil ...
Canada’s oil sands are experiencing a comeback after years of living in the shadow of US shale. Crude output is climbing to new highs, the nation’s top producers are seeing their shares soar and ...
CALGARY, Alberta (Reuters) - Oak Point Energy Ltd is an Alberta start-up looking to make its mark in the booming oil sands sector, and Ontario figures big in its plans. Oak Point, founded by two ...
Canada’s oil sands industry reduced its emissions per barrel for the sixth straight year in 2023, even as one growing portion of the sector moved in the opposite direction, according to new Alberta ...
International Petroleum Corporation (IPC) has launched the first steam injection for phase one of its fully owned Blackrod oil sands project in Alberta, Canada. The Canada-based company expects oil ...
Canada's federal financing agency has proposed funding support for a multibillion-dollar carbon capture investment by Pathways Alliance, representing Canada's biggest oil sands producers, The Globe ...
The two countries both produce heavy oil, which is difficult to refine, and have relied historically on American refineries ...
CALGARY, Alberta, Feb 12 (Reuters) - Oak Point Energy Ltd is an Alberta start-up looking to make its mark in the booming oil sands sector, and Ontario figures big in its plans. Oak Point, founded by ...