Suncor Energy Inc. is planning to expand its implementation of solvent co-injection at the Firebag SAGD project from four well pairs to 38 well pairs, starting in 2022.
December 23, 2019, 12 AM MST
Following the lead of the federal government, Alberta is undertaking a major re-scoping of work with the goal to establish rules to allow for release of process-affected water back into the Athabasca River from any oilsands mine by 2023.
December 18, 2019, 4:12 AM MST
Operating costs at Canadian Natural Resources Limited’s Horizon oilsands mining project are down by approximately $22/bbl over the last six years, the company reported on Thursday.
December 9, 2019, 11:50 AM MST
Incoming Imperial Oil Limited CEO Brad Corson says the market shouldn’t read too much into his role since 2015 overseeing Exxon Mobil Corporation’s global upstream acquisition and divestment programs, including purchases in the Permian Basin, Papua New Guinea, Mozambique and Brazil.
December 5, 2019, 10:20 AM MST
ConocoPhillips is seeing results from its “relentless drive” to improve its oilsands business, the company’s investor day in Houston heard on Tuesday.
November 21, 2019, 8:22 AM MST
Thermal oilsands production grew month-over-month by approximately 76,000 bbls/d in September, to 1.42 million bbls/d from 1.36 million bbls/d in August, but volumes were down year-over-year, from 1.43 million bbls/d in September 2018 to 1.42 million bbls/d in September 2019, according to new data on the DOB’s Canadian Oilsands Navigator.
November 21, 2019, 2:32 PM MST
A new agreement between the Alberta Energy Regulator (AER) and Canada’s Oil Sands Innovation Alliance (COSIA) sets the stage for consistent information sharing that will ultimately help with environmental performance improvement, representatives told the DOB.
November 18, 2019, 11:33 AM MST
The groundbreaking business deal that saw two northern Alberta First Nations take a $545-million equity position in a major oilsands project was built on “deep trust and collaboration,” says a leader with Suncor Energy Inc.
November 14, 2019, 12 AM MST
Construction is underway on pipelines connecting Suncor Energy Inc.’s oilsands Base Plant with Syncrude in a project Suncor expects will add about $200 million to its annual cash flow.
November 12, 2019, 3:53 PM MST
Planned maintenance at NGL processing facilities and depressed frac-spread pricing drove a weaker third quarter for Inter Pipeline Ltd. as the company continues to build out projects designed to reduce its commodity price exposure.
November 8, 2019, 11:31 AM MST
The expected start-up of full commercial operations at the Sturgeon refinery has been pushed out again, from by the end of 2019 to early 2020.
November 5, 2019, 8:33 AM MST
Imperial Oil Limited is “coming down to the final weeks” leading up to startup of new crushing capacity at its Kearl oilsands mine, CEO Rich Kruger said on Friday.
November 4, 2019, 10:50 AM MST
The volatility of Imperial Oil Limited’s crude by rail movements is likely to continue as the company responds to the Government of Alberta’s adjustment to its curtailment program to allow production above quotas using rail.
November 1, 2019, 11:08 AM MDT
Suncor Energy Inc. expects to start shipping crude by rail “in the next month or two” following today’s announcement that the Alberta government will allow producers to exceed curtailment quotas, provided the incremental bbls are moved by rail.
October 31, 2019, 10:27 AM MDT
The Fall 2019 Alberta Oil & Gas Quarterly is now available.
October 18, 2019, 8:05 AM MDT
Imperial Oil Limited has taken a step forward in its plan to implement commercial solvent-assisted SAGD production at its Cold Lake oilsands project, although a final investment decision (FID) is highly unlikely before there is more clarity on market access.
October 3, 2019, 11:15 AM MDT
Canadian Natural Resources Limited’s aspirational goal of net-zero emissions in its oilsands operations will likely be achieved through a series of pathways versus any single technology solution, executive vice-chairman Steve Laut said on Wednesday.
October 3, 2019, 10:17 AM MDT
Construction is underway on a new pipeline giving optionality to producers on the Alberta side of the Viking light oil play, where production is growing and economics are top-tier.
September 26, 2019, 12 AM MDT
Trans Mountain Corporation says that it has received over 55 per cent of the total pipe required to build its expansion project, or 550 kilometres of the 1,000-kilometre total.
September 20, 2019, 9:57 AM MDT
Perth, Australia-based Clough has won a significant engineering, procurement and construction contract for the LNG Canada project.
September 20, 2019, 10:07 AM MDT
To the surprise of no one, Alberta’s oilsands industry has hit a major negative milestone. The last wave of new major projects is over, and aside from a mining optimization and two drilling projects, for the first time in more than 15 years, no new production capacity is under construction.
September 18, 2019, 6 AM MDT
Global demand for petrochemical products is growing quickly as the world’s population expands and emerging economies build capacity.
September 12, 2019, 12 AM MDT
The Government of Alberta has issued approval for MEG Energy Corp. to build a 120,000-bbl/d phased new greenfield SAGD project, and while a news release issued by the province said this will enable the company to proceed to a final investment decision, it is unlikely that will happen in the near future.
September 11, 2019, 12 AM MDT
Suncor Energy Inc. is going ahead with a major capital project at its oilsands Base Plant that is expected to increase profits while reducing environmental impacts.
September 9, 2019, 8:04 PM MDT
Value Creation Inc. says it has formed an alliance with three Alberta First Nations to support its vision of “transforming oilsands into [a] clean oil industry,” starting with its planned partial upgrader in the Edmonton region.
September 9, 2019, 11:05 AM MDT