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
Market access and lack of infrastructure have to be seen as more than a petroleum sector problem if a Canadian federal government is to be persuaded to introduce legislation and policies to address those problems, an industry audience heard Thursday.
September 13, 2019, 12 AM MDT
Enbridge Inc. has urged the Canada Energy Regulator (CER) to deny requests that it stay the company’s current Canadian Mainline binding open season to gauge shipper interest in its plan to convert common carriage to firm service.
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
Commissioner Steve Allan has launched a website to support the independent public inquiry into foreign funding of anti-energy campaigns.
September 9, 2019, 11:39 AM MDT
The Alberta Energy Regulator (AER) has cancelled a public hearing on approved amendments to Imperial Oil Resources Limited’s $2.2 billion in situ oilsands expansion project at Cold Lake.
August 30, 2019, 11:40 AM MDT
Acceleware Ltd. continued to make progress in developing its patented and patent-pending RF XL heating technology in the second quarter of 2019.
August 30, 2019, 6 AM MDT
The new commission of the Canada Energy Regulator (CER) has announced an expedited process to consider requests for relief with respect to Enbridge Inc.’s ongoing open season for Canadian Mainline capacity.
August 28, 2019, 7:21 AM MDT
Enbridge Inc. believes in its open season for contracted capacity on the Canadian Mainline and is determined to proceed with it despite demands from shippers that the National Energy Board (NEB) intervene in the process, says a senior company executive.
August 27, 2019, 12 AM MDT
Canadian Natural Resources Limited has joined Suncor Energy Inc. in a request to the National Energy Board (NEB) that it become involved in Enbridge Inc.’s Canadian Mainline open season that proposes to convert up to 90 per cent of common carrier capacity to contracted service.
August 27, 2019, 10:51 AM MDT
Citing concern about Enbridge Inc.’s plans to convert 90 per cent of Canadian Mainline capacity to firm service, the Explorers and Producers Association of Canada (EPAC) is calling on the National Energy Board (NEB) to immediately stay the company’s current open season.
August 26, 2019, 11 AM MDT
Opposition is growing to Enbridge Inc.’s current open season in which it is offering long-term firm transportation service to shippers on the Canadian Mainline with its proposed conversion from common carrier service.
August 26, 2019, 7:46 AM MDT
Canada has gone from potential energy superpower to global laughingstock over the past several years.
August 26, 2019, 7:15 AM MDT
The Alberta Energy Regulator (AER) has set a date for a regulatory appeal of approved amendments to Imperial Oil Resources Limited’s Cold Lake $2.2 billion in situ oilsands expansion project.
August 26, 2019, 9:11 AM MDT
The former head of Canada’s Oil Sands Innovation Alliance (COSIA) has joined a national organization dedicated to building pathways to a sustainable future.
August 26, 2019, 9:05 AM MDT
Canadian crude-by-rail exports climbed slightly in June, marking the fourth straight month of increases.
August 22, 2019, 10:29 AM MDT
Producers will be mandated to limit production by at least another year.
August 20, 2019, 2:28 PM MDT
Connacher Oil and Gas Limited’s second quarter production decreased to 10,804 bbls/d in Q2 2019, from 12,593 bbl/d in the comparative quarter in 2018 primarily due to natural declines.
August 20, 2019, 11:24 AM MDT
August 20, 2019, 7:12 AM MDT
Cenovus Energy Inc. has secured regulatory approval to inject butane into the sales oil streams at both of its large SAGD projects in order to reduce costly diluent requirements.
August 19, 2019, 10:20 AM MDT
The DOB confirms a report in the Financial Post on Wednesday that Koch Industries Inc. has sold its large oilsands position to Paramount Resources Ltd.
August 15, 2019, 7:20 AM MDT
Thermal oilsands production increased by approximately 100,000 bbls/d month-over-month in June as projects completed turnaround activity, new DOB data shows. June 2019 volumes were slightly higher than June 2018, after production in May decreased by 128,000 bbls/d compared to the previous year.
August 14, 2019, 12 AM MDT
Although Enbridge Inc. doesn't expect to file an application for contract capacity on the Canadian Mainline with the National Energy Board (NEB) until later this year, a producer group is urging the regulator to move cautiously.
August 12, 2019, 12 AM MDT