Oil Sands
News
July 24, 2015
KBR has received an award associated with the Fort Hills oil sands mining project. KBR won a reimbursable contract to provide construction services at the facility located 90 km north of Fort McMurray, Alberta.
News
July 23, 2015
CB&I has been awarded a contract for approximately $60 million by a major energy company to provide maintenance services for three separate oil sands facilities in Alberta, Canada.
News
July 22, 2015
ENGLEWOOD, Colorado -- IHS expects continued oil sands production growth through 2020, albeit lower than what would be expected had prices remained higher, according to a new production forecast by the Englewood, Colorado-based organization.
News
July 17, 2015
Husky Energy has commenced production at the Rush Lake heavy oil thermal project in Saskatchewan. First oil at the 10,000 bpd development was achieved eight weeks following the startup of steaming operations and just two years after project sanction.
News
July 16, 2015
Nexen Energy ULC is responding to an incident at its Long Lake oil sands facility south of Fort McMurray, Alberta, the company announced Thursday.
News
July 09, 2015
Despite lower oil prices and other challenges, growth in Canadian oil sands will continue and remain one of the top sources of global supply growth in coming years, according to a new report by IHS.
News
July 08, 2015
Suncor Energy has reached an agreement with TransAlta Corporation to exchange Suncor's Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta's Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor's oil sands base site in Fort McMurray Alberta.
News
July 06, 2015
Husky Energy is continuing to ramp up production at the Sunrise Energy Project in northeast Alberta, the company announced Monday.
News
June 29, 2015
Canada’s oil sands producers are prepared to take a greater leadership role on climate action as part of the growing global intention to reduce greenhouse gas emissions, the Canadian Association of Petroleum Producers (CAPP) said.
News
June 29, 2015
The Alberta government should consider four principles to make the province more competitive for of oil and gas investment as it proceeds with its royalty review, the Canadian Association of Petroleum Producers said Friday.
News
June 25, 2015
For a resource-rich nation eager to expand crude exports from the oil sands, Canada has been striking out lately. TransCanada’s Energy East marks the fourth time this decade an oil-sands pipeline has been mired in environmental opposition.
News
June 18, 2015
The era of the megaproject in Canada’s oil sands is fading.
News
June 16, 2015
Exxon Mobil Corp. announced Tuesday that production at its Kearl oil sands expansion project in Alberta, Canada, started ahead of schedule and is expected to double overall capacity to 220,000 bpd of bitumen.
News
June 11, 2015
Cenovus Energy has returned to normal operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to the precautionary shutdown of the operation on May 23 for 11 full days.
News
June 04, 2015
An Alberta wildfire that shut 10% of Canada’s oil sands production won’t be contained for three days as Canadian Natural Resources Ltd. ramped up production at its Kirby South site.
News
June 01, 2015
ConocoPhillips achieved a significant milestone at its Surmont oil sands project in Canada with the on-schedule start of first steam at phase 2 on May 29.
News
May 27, 2015
Wildfires in northern Alberta kept about 10% of Canada’s oil sands production offline for a third day as Bank of America Corp. warned the blazes may slow the economy.
News
May 26, 2015
Canadian Natural Resources Ltd. reduced production from its Kirby South oil-sands operation in Alberta, raising the amount of production brought offline because of a nearby forest fire to the 233,000 bpd facility.
News
May 25, 2015
Alberta forest fires have prompted the shutdown of about 9% of Canada’s oil sands production.
News
May 21, 2015
Canada’s oil sands industry faces an equal risk from its reputation as an environmental laggard, as from high operating costs, industry observers said.
The failure to win approval for pipelines like TransCanada Corp.’s Keystone XL and Enbridge Inc.’s Northern Gateway is tied to concerns about carbon emissions with oil production, Ed Whittingham, executive director of the Pembina Institute, said at the Bloomberg Economic Series Canada summit in Toronto. “The oil sands feeds into concern about the climate,” he said. “The primary driving concern is climate.”
News
May 15, 2015
An indication that crude’s recent rally has further to run can be found in the northern forests of Alberta, where companies are paying the most in eight years to lease land for oil sands development.