Thermal oilsands production continues to trend down, with May numbers lower by more than 100,000 bbls/d compared to last year.
July 16, 2019, 12 AM MDT
Not convinced that new pipeline egress options will come to fruition “as quickly as they possibly can,” MEG Energy Corp. is taking a hard look at making crude-by-rail a permanent part of its transportation system, says CEO Derek Evans.
July 11, 2019, 12 AM MDT
The incoming chief executive of Canada’s Oil Sands Innovation Alliance (COSIA) says the group is “doubling down” on what makes it successful and looking to better share that story.
July 11, 2019, 10:35 AM MDT
The Alberta government’s plan to offload its crude-by-rail contracts to industry is likely to come more in the form of a trade than a transfer of ownership, leaders with Canada’s largest oil producers indicated on Tuesday.
July 10, 2019, 12 AM MDT
Junior Osum Oil Sands Corp. has successfully more than doubled production at its Orion SAGD project ahead of its original schedule.
July 3, 2019, 10:17 AM MDT
A new owner has stepped up for the STP-McKay SAGD project, which was “hibernated” in 2015 after its original owner, Southern Pacific Resource Corp., was unable to continue operating amid the oil price.
July 2, 2019, 8:28 AM MDT
Devon Canada Corporation has filed with the Alberta Energy Regulator to transfer approvals for its 120,000-bbl/d Jackfish SAGD project to Canadian Natural Resources Limited.
June 27, 2019, 3:08 PM MDT
The Alberta government has introduced legislation that would guarantee the oil and gas royalty structure that is in place when a producer drills a well is the same 10 years later.
June 24, 2019, 10:41 AM MDT
Chevron Phillips Chemical Company has reportedly made a US$15-billion bid for Calgary-based Nova Chemicals Corp.
June 21, 2019, 10:39 AM MDT
As more wells are drilled in Alberta’s promising Marten Hills heavy oil play, operators are adding more lateral legs to boost production, Highwood Oil Company Ltd. CEO Greg MacDonald said on Wednesday.
June 20, 2019, 11:22 AM MDT
Mikisew Group of Companies and Sodexo Canada have changed the name of their oilsands joint venture in a bid to gain visibility in the Wood Buffalo region.
June 19, 2019, 7:55 AM MDT
Canadian Natural Resources Limited says a test of downhole electrical heating at its Peace River oilsands acreage has validated the theory of the technology and proven its economics.
June 18, 2019, 8:56 AM MDT
In 2016, Mark Tonner left “a pretty cool executive job” with GE to co-found Nauticol Energy and start advancing a proposed $2-billion methanol facility outside Grande Prairie. Market dynamics were “just screaming at us that natural gas was abundant” and the project made sense, says the former president of GE Energy’s investing business in Canada.
June 14, 2019, 12 AM MDT
Planned maintenance at Suncor Energy Inc.’s Firebag SAGD project contributed to an overall decrease in thermal oilsands production in April despite easing of Alberta’s production curtailment.
June 12, 2019, 6 AM MDT
MEG Energy Corp. has been granted approval to extend its experimental field test of eMVAPEX by two years, during which time the company says it will focus on solvent recovery and recycle.
June 7, 2019, 10:29 AM MDT
Canada’s Oil Sands Innovation Alliance (COSIA) is shifting its focus to take more technologies to field-testing, and its water portfolio is leading the way.
June 6, 2019, 12 AM MDT
Suncor Energy Inc. has received regulatory approval to test downhole electrical heating in a single well at its MacKay River SAGD project. The company intends to use the system to pre-heat the reservoir prior to steam injection and confirm potential to reduce pad-level steam usage, accelerate production ramp-up and improve peak oil rates.
June 6, 2019, 11:07 AM MDT
This June, Husky Energy Inc. will begin using artificial intelligence at its Lloydminster thermal oil operations as it looks to get “even more juice” out of the prolific assets.
May 30, 2019, 11:06 AM MDT
An unprecedented research effort conducted as a result of a fatality five years ago has found that communication breakdown about ground hazards is a key risk for workers around oilsands tailings. And according to investigators, to blame are “systemic cultural roots within an organization, not simply unsafe acts by workers.”
May 28, 2019, 8:08 AM MDT
Husky Energy Inc. CEO Rob Peabody kicked off the company’s investor day in Toronto this morning going off-script with a message of cautious optimism about Canada’s oil and gas industry.
May 28, 2019, 10:30 AM MDT
A long-overlooked oil play that is described as one of the most significant discoveries in Western Canada in recent years will soon be pipeline connected.
May 23, 2019, 12 AM MDT
Imperial Oil Limited has received regulatory approval for a demonstration of ConDex boiler flue gas and water recovery at its Kearl oilsands mine. The project is one of 11 to receive funding from Emissions Reduction Alberta earlier this year.
May 23, 2019, 12 AM MDT
Imperial Oil Limited is proposing to start field-testing a new in situ oilsands technology along with the startup of its Aspen project in 2023.
May 21, 2019, 11:05 AM MDT
A partnership that nine years ago sold its 45 per cent minority stake for $817 million is now selling its 55 per cent majority position for less than $100 million.
May 17, 2019, 4:45 AM MDT
Right now Canada’s first LPG export terminal is commencing operations and Chinese importers are more than ready to accept shipments, a representative of China’s biggest LPG importer said on Wednesday.
May 16, 2019, 10:15 AM MDT