Canadian Natural Resources Limited will soon officially become the owner of Laricina Energy Ltd.’s oilsands operating approvals.
March 20, 2019, 6 AM MDT
The domino effect of the latest Line 3 pipeline delay is a slowdown on execution of the first — and only — greenfield oilsands project to be sanctioned in five years.
March 15, 2019, 6:41 AM MDT
Thermal in situ oilsands production volumes dropped below 1.3 million bbls/d in January for the first time since June 2017, according to the latest data on the DOB’s Canadian Oilsands Navigator.
March 13, 2019, 11:01 AM MDT
The one-year delay of Enbridge Inc.’s Line 3 replacement project could slow Canada’s ability to grow market share as a feedstock for the massive U.S. Gulf Coast refining cluster.
March 11, 2019, 7:20 AM MDT
Fort Saskatchewan — Two federal cabinet ministers visited the construction site of Inter Pipeline Ltd.’s Heartland Petrochemical Complex on Thursday for what they called a “significant” funding announcement.
March 8, 2019, 10:54 AM MST
MEG Energy Corp. says that its goal of generating free cash flow in 2019 remains intact despite the challenging commodity price environment in the fourth quarter that reduced its cash operating netback by 83 per cent compared to the previous year.
March 8, 2019, 10:12 AM MST
The National Energy Board (NEB) is predicting that Canadian crude oil production will decrease this year for the first time since 2009.
March 6, 2019, 7:33 AM MST
A bitumen partial upgrading hub that is being developed to help free up space on Alberta export pipelines now has the backing of one of the industry’s largest producers.
March 4, 2019, 11:19 AM MST
Another company is giving up on a proposed oilsands project, although unlike other operators that have recently outright cancelled their developments, Surmont Energy Ltd. says it may re-launch the same plans in the future.
February 28, 2019, 6 AM MST
The Government of Alberta has eased its overall mandatory oil curtailment for February and March, but the benefits of that are not flowing to Husky Energy Inc. The company now has to cut more than it did under the previous order, and its two oilsands projects that just recently achieved nameplate capacity may take the hit.
February 26, 2019, 11:16 AM MST
A technology that was developed by accident while researchers looked for ways to add value to bitumen is gaining momentum as a refinery process that reduces reliance on toxic and hazardous chemicals.
February 21, 2019, 6 AM MST
During the fourth quarter of 2018, Inter Pipeline Ltd. surpassed $1 billion spent on construction of the Heartland Petrochemical Complex.
February 15, 2019, 11:21 AM MST
Five months ahead of schedule, Cenovus Energy Inc. has started steam injection at the Christina Lake Phase G SAGD expansion. However, there won’t be a timeline in place for the new bbls to come online until there is clarity on market access, executives said on Wednesday.
February 14, 2019, 12 AM MST
Cenovus Energy Inc. is maintaining its strategy to ramp up crude by volumes while its competitors are shutting down.
February 13, 2019, 11:46 AM MST
The locations of two core assets belonging to International Petroleum Corporation helped insulate the company from low commodity prices in Western Canada in the fourth quarter of 2018.
February 13, 2019, 4:09 AM MST
The Hangingstone SAGD pilot is producing for the first time since former owner Japan Canada Oil Sands Limited suspended operations during the Fort McMurray wildfire.
February 12, 2019, 11:01 AM MST
Construction is expected to begin “in the not-too-distant future” on two bidirectional pipelines connecting Suncor Energy Inc.’s Base Plant with Syncrude Canada, Suncor chief operating officer Mark Little said on Wednesday.
February 8, 2019, 12 AM MST
Suncor Energy Inc. says it is getting ready to switch some of the massive 400-tonne heavy haulers at the new Fort Hills oilsands mine to autonomous operation, of which all 50 have the capability.
February 7, 2019, 12 AM MST
The CEO of Suncor Energy Inc. expects the Government of Alberta will move quickly on an exit strategy from its mandated oil production curtailment, as unintended consequences of the order are having the opposite of the desired result.
February 6, 2019, 10:59 AM MST
Imperial Oil Limited was ramping up its crude-by-rail activity even faster than expected at the end of 2018, with the company responsible for approximately half of total volumes moving out of Western Canada. But in a dramatic shift, Imperial says it is now rapidly ramping down, and expects to reach zero bbls moving by rail this month.
February 1, 2019, 11:24 AM MST
Husky Energy Inc. needs to add to its facilities at the Tucker SAGD project in order to keep it running at nameplate capacity, a milestone the company reached in December 2018 after nearly 12 years of effort.
January 24, 2019, 11:03 AM MST
MEG Energy Corp. executives say "the clouds have lifted" now that it is no longer being pursued by Husky Energy Inc. However, the outlook isn’t yet clear enough for the company to sanction its full 2019 capital program.
January 22, 2019, 10:56 AM MST
The regulatory hearing considering Syncrude Canada Ltd.’s proposed Mildred Lake Extension (MLX) project begins this morning in Fort McMurray.
January 22, 2019, 3:36 AM MST
A third SAGD project in three months has been withdrawn from the Alberta Energy Regulator (AER). Acting on the request of partners BP Canada and Value Creation Inc., the AER has rescinded its approvals for the Terre de Grace joint venture.
January 18, 2019, 6 AM MST
Suncor Energy Inc. plans to begin construction this year on a major cogeneration project at the company’s base mine, analysts with Peters & Co. Limited reported.
January 18, 2019, 9:59 AM MST