In the first quarter of this year, many Canadian heavy crude producers paid a premium to ship by rail. Others had to shut in production.
June 4, 2018, 10:56 AM MDT
Thursday was the last day for Bill McCaffrey as CEO of MEG Energy Inc., but his interim replacement wants investors to know that the company will continue the strategy that he formed.
June 1, 2018, 11:35 AM MDT
Production at the Horizon oilsands project has reached a new record in each month since the startup of the Phase 3 expansion, according to data on the DOB’s Canadian Oilsands Navigator.
June 1, 2018, 8:23 AM MDT
PTTEP Canada Limited (PTTEPCA) expects to make a final investment decision in mid-2019 on a new oilsands SAGD project in the Athabasca oilsands following Alberta cabinet approval, a company official said today.
May 31, 2018, 10:20 AM MDT
Husky Energy Inc. is testing artificial intelligence for steam/oil ratio optimization in SAGD and for sea-state and iceberg prediction offshore Newfoundland.
May 30, 2018, 6:01 AM MDT
May 23, 2018, 9:56 AM MDT
Suncor Energy Inc. is getting ready to take the next big step to improve performance and reliability at Syncrude.
May 23, 2018, 6 AM MDT
May 17, 2018, 3:12 AM MDT
Canadian oil production held steady in March, near a record 5.2 million bbls/d, despite reports that oilsands producers scaled back output due to steep price discounts for Canadian grades compared to WTI in Cushing, the International Energy Agency (IEA) said in its monthly report on the oil market released today.
May 16, 2018, 6:39 AM MDT
May 16, 2018, 3:04 AM MDT
May 16, 2018, 3:14 AM MDT
With support from Syncrude, the Tallcree First Nation, the Nature Conservancy of Canada (NCC) and the federal government, Alberta is establishing the world’s largest contiguous area of protected boreal forest.
May 16, 2018, 3:25 AM MDT
May 15, 2018, 2:58 AM MDT
The Energy Council of Canada has chosen Chief Jim Boucher of Fort McKay as Canadian Energy Person of the Year.
May 15, 2018, 9:33 AM MDT
May 11, 2018, 3:23 AM MDT
May 10, 2018, 3:33 AM MDT
A new report from the Canadian Energy Research Institute (CERI) says that in situ oilsands growth projects have competitive economics at today’s oil prices.
May 8, 2018, 6 AM MDT
May 8, 2018, 3:29 AM MDT
Inter Pipeline Ltd.’s propane-based petrochemical project currently under construction northeast of Edmonton “truly is a transformational growth opportunity for the company,” its chief executive said Monday.
May 8, 2018, 9:08 AM MDT
During the first quarter, as TransCanada Corporation’s Keystone pipeline was operating at reduced pressure following a leak in North Dakota, the company scrambled to try to apportion fairly the available capacity.
May 4, 2018, 7:52 AM MDT
May 4, 2018, 2:43 AM MDT
May 4, 2018, 6:58 AM MDT
The Alberta government has struck a crude-by-rail working group with industry to see what can be done to address the bottlenecks that are limiting the ability of Alberta crude producers to ship their crude to market via rail.
May 3, 2018, 3:04 AM MDT
May 3, 2018, 4 AM MDT
Crude producers in both Western Canada and the Permian Basin are facing logistics challenges in getting their products to market that could ultimately result in higher global oil prices, an Argus Media Ltd. crude conference heard Tuesday.
May 2, 2018, 6:45 AM MDT