Many have emphasized the need to find less energy intensive oilsands extraction technologies to make the industry more cost competitive and carbon competitive. But how long would it take to commercialize new technologies?
March 1, 2016, 6 AM MST
Horizon North Logistics Inc. remains confident that more than one proposed West Coast LNG export project will get the green light this year despite a recent delay.
February 25, 2016, 11:50 AM MST
Encana Corporation is eliminating another 20 per cent of its workforce, bringing the total reduction since 2013 to more than 50 per cent, the company said today.
February 24, 2016, 11:52 AM MST
Using fuel cells for power generation and CO2 capture would increase the capital cost of a SAGD central processing facility by 50 per cent or $450 million, a study estimated.
February 18, 2016, 9:23 AM MST
Anyone hoping big cuts in capital spending in tight oil plays will produce a corresponding drop in production shouldn’t look to Marathon Oil Corporation.
February 18, 2016, 11:48 AM MST
Three oilsands producers are exploring whether fuel cells could simultaneously separate carbon dioxide from a flue gas stream and generate electricity.
February 17, 2016, 11:52 AM MST
Alberta’s auditor general says the government needs to determine whether the province’s 12 royalty reduction programs are achieving their goal of ultimately generating extra royalties.
February 11, 2016, 6:57 AM MST
Federal Natural Resources Minister Jim Carr has no intention to advocate for the oil and gas industry.
February 8, 2016, 6 AM MST
At a time when oilsands producers are severely challenged by low oil prices, a recommendation intended to bolster the economics has drawn little response.
February 5, 2016, 6 AM MST
In responding to the oil price collapse, Canadian Natural Resources Limited was one of the few producers that didn’t cut jobs.
January 25, 2016, 11:32 AM MST
When Penn West Petroleum Ltd. releases its 2016 budget shortly, the focus will be on matching cash inflows with cash outflows.
January 22, 2016, 10:41 AM MST
Managing Alberta’s greenhouse gas emissions will require an effort on the scale of the Alberta Oil Sands Technology and Research Authority (AOSTRA), says an Enbridge Inc. executive and one of the architects of Alberta’s climate change response plan.
January 21, 2016, 11:55 AM MST
Last month, analyst Martin King predicted West Texas Intermediate (WTI) crude would average US$49.75 a bbl through 2016 (DOB, Dec. 16, 2015).
January 20, 2016, 8:10 AM MST
Smaller, non-state-owned foreign firms, private equity financing and, of course, distressed sales will be features of the merger and acquisition landscape this year.
January 15, 2016, 11:48 AM MST
Canada’s first LNG export project may clear the remaining hurdle for a final investment decision before the end of this quarter.
January 14, 2016, 9:43 AM MST
The global oil glut will shrink in the second half of this year and supply will match demand in 2017, a top analyst expects.
January 13, 2016, 10:28 AM MST
Newfoundland’s new Liberal government has hired Ernst & Young to do an independent review of the cost, schedule and risks associated with the controversial Muskrat Falls hydroelectric project under construction in the remote wilderness of Labrador.
January 8, 2016, 10:12 AM MST
Increased borrowing authority for the Alberta Petroleum Marketing Commission (APMC) isn’t due to any new cost increases to the North West Redwater Partnership (NWR) bitumen upgrader/refinery now under construction near Edmonton, the energy minister’s office said in a statement.
January 6, 2016, 11:37 AM MST
Alberta Party leader Greg Clark has asked the province’s auditor general to assess the financial risks stemming from its support for the North West Redwater Partnership (NWR) bitumen upgrader/refinery now under construction near Edmonton.
January 5, 2016, 11:55 AM MST
In the past year or so, there have been media reports of how oil production per well in the major United States shale plays soared even as oil prices collapsed.
December 14, 2015, 9:28 AM MST
Husky Energy Inc. gave no hint this week of when it will make a decision on development of its West White Rose oilfield, nor the status of fiscal negotiations for development of its non-operated Bay du Nord oil discovery, both offshore Newfoundland.
December 11, 2015, 8:03 AM MST
In the heady days of 2006, with an oilsands land rush at full throttle, it looked like Alberta’s other vast bitumen resource — the billions of barrels of oil locked in carbonate rock — could be on the cusp of commercialization.
December 10, 2015, 8:29 AM MST
Husky Energy Inc. expects 2016 capital spending in the $2.9-3.1 billion range, roughly on par with estimated 2015 spending of about $3 billion.
December 8, 2015, 11:54 AM MST
Extremely low spot prices are expected to continue through next year at a vital natural gas hub in British Columbia, though probably with less fluctuation.
December 7, 2015, 11:49 AM MST
Cenovus Energy Inc. is seeking approval to increase the maximum operating pressure at its low-pressure cyclic steam stimulation (CSS) pilot in the Clearwater formation in northeast Alberta.
December 1, 2015, 8:03 AM MST