Despite lower oil prices, Canadian oil sands production is expected to continue growing, and be the main driver behind increased Canadian production as a whole, in …
After months of posturing and wrestling for shareholder approval, the boards of Suncor (ticker: SU) and Canadian Oil Sands (ticker: COS) have reached a merger agreement.
The joint announcement, released on January …
Canadian Oil Sands (ticker: COS) gets its wish to remain an independent company – at least for the time being.
The hostile takeover attempt by Suncor (ticker: SU) failed to achieve the …
Husky Energy (ticker: HSE) announced today that the company sanctioned the Rush Lake 2 project, a 10,000 barrel per day (MBOPD) modular heavy oil thermal project, and the next …
Royal Dutch Shell (ticker: RDSA) announced today that the company will not continue construction on its Carmon Creek oil sands project in Alberta. The project was expected to produce …
CALGARY, ALBERTA–(Marketwired – Sept. 21, 2015) – Suncor Energy today announced that it has agreed to purchase an additional 10 per cent working interest in the Fort …
The Alberta Energy Regulator (AER) recently announced that it would partially lift a suspension order it issued August 28 against China National Offshore Oil Corp (CNOOC, ticker: CEO) subsidiary Nexen Energy …
ConocoPhillips (ticker: COP) announced today that it had produced first oil from its Surmont 2 oil sands facility, located in Alberta, Canada. Construction on the project, which is the largest single-phase …
Calgary based Husky Energy (ticker: HSE) announced today that production has started up at the company’s latest thermal project in Saskatchewan. First oil at the Rush Lake heavy oil thermal project …
Crescent Point Energy (ticker: CPG) is expanding its presence in Alberta as the result of a stock for stock merger.
On July 2, 2015, the Calgary-based exploration and production company announced the purchase of Coral Hill Energy Ltd. for C$258 …
The Canadian Association of Petroleum Producers (CAPP) released its annual Crude Oil Forecast, Markets and Transportation report for 2015, projecting Canadian crude oil production to grow 43% to 5.3 MMBOPD …
Canada’s oil production for May 2015 is believed to have dropped below the 4 MMBOPD mark for the first time in nearly two years, according to an estimate from Barclays.
Maintenance season contributes to an …
Enhanced oil recovery (EOR) is being mentioned with more and more emphasis in the margin-tightened oil price environment, and Husky Energy (ticker: HSE) is employing methods to generate more from its oil sands projects in western Canada.
The Calgary-based company …
Today, Utah has one of the lowest levels of unemployment in the United States, second only to North Dakota. The impressive levels of job growth the …
Select Sands Corp. (TSX VENTURE:SNS) (the “Company”) is pleased to announce receipt of an unconditional Authorization to Quarry in respect to its quarry site (referred to as the Sandtown property) …
Since the shale revolution ramped up, much of U.S. oil production has been light, sweet crude, which presents interesting challenges for operators sending their product to a refinery …
Southern Pacific Resource Corp. (ticker: STP), based out of Calgary, Alberta, Canada, announced yesterday that it has obtained creditor protection under the Companies’ Creditors Arrangement Act (CCAA).
CCAA …
On December 11, Husky Energy (ticker: HSE) announced that it has commenced steam operations at its Sunrise Energy Project, a joint venture (JV) with BP …
Canada is home to a large number of public companies that are developing hydrocarbon resources on both sides of the border. In this series, Oil & Gas 360® takes a closer look at some of the promising operators in Canada’s …
Re-exporting Canadian Oil through U.S.
According to an Energy Information Administration (EIA) report released October 31, crude oil exports reached their highest levels in 57 years in July. The EIA reported that the United States exported 401,000 BOPD in July, …
By Bloomberg Nov. 3, 2014
Oil-sands crude will supply Gulf Coast refineries regardless of how President Barack Obama rules on the Keystone XL pipeline, Alberta Premier Jim Prentice said.
Developers of Alberta’s oil sands can use trains to reach the …
In an industry report released July 8, 2013, Raymond James & Associates asked the question: ‘When will the Keystone XL Pipeline become a necessity?’
According to analysts, Marshall Adkins & Cory Garcia, additional pipeline capacity out of Western Canada will …
