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Analysis Shows Oil and Gas Execs Using More Environmental Buzzwords
The world's biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
8:00 PM EST | July 19, 2021
North Sea Operator Extends Semisub Vessel Contract
The Buzzard field operator has exercised two of three available 30-day options for Safe Boreas. PHOTO SOURCE: Prosafe SE
8:00 PM EST | July 11, 2021
Biden Admin Fights Another Canadian Oil Export Pipeline
A small coastal city in Maine has won the support of the Biden administration in its fight against a Canadian oil pipeline.
8:00 PM EST | June 29, 2021
Wood Renews Offshore Canada Platform Partnership
The Hibernia platform offshore Newfoundland and Labrador achieved first oil in 1997. PHOTO SOURCE: Wood
8:00 PM EST | June 10, 2021
Oil Sands Sites Face Virus Surge as Workers Fly In
It's the latest blow to the oil-rich province of Alberta.
8:00 PM EST | April 27, 2021
BP Work Model to Affect Roughly 25,000 Employees
Recall some of Rigzone's most popular downstream-related articles from the past week.
7:00 PM EST | March 13, 2021
Oilfield Services Stocks Show Resiliency
Here is a recap oil and gas market hits and misses for the week ending March 5, 2021.
7:00 PM EST | March 04, 2021
CNOOC Leads Rivals in Cutting Oil Sands Emissions
Cnooc Ltd. slashed the rate of CO2 released from its Long Lake oil sands site by a third in the eight years ended 2019, a recent study finds.
7:00 PM EST | February 10, 2021
Oil Sands Winning Praise from Wall Street
The Canadian oil sands are emerging from 2020's historic market crash with a slew of upbeat outlooks from Wall Street equity analysts.
7:00 PM EST | December 13, 2020
Fire Extinguished on Suncor FPSO
Everyone on board has been accounted for and is safe.
8:00 PM EST | June 01, 2020
Suncor Sees Alberta Oil Cuts Ending Early
Suncor CEO Steve Williams says he expects Alberta's mandated oil-production cuts to end earlier than planned.
7:00 PM EST | February 05, 2019
Suncor Works with Alberta Govt to Mitigate 'Unintended Consequences'
Suncor is working with Alberta's government to help mitigate the 'unintended consequences' of mandated oil production cuts.
7:00 PM EST | December 13, 2018
Canada's Output Grows Despite Pipeline Problems
Canada's lingering crude glut isn't hindering the country's growing oil output, according to the National Energy Board's most recent forecast.
7:00 PM EST | November 27, 2018
Suncor Energy CEO to Retire Next Year
Suncor's COO Mark Little will assume the role of CEO after Steve Williams retires in May.
7:00 PM EST | November 14, 2018
Oil Groups Warn Trudeau's Reforms Will Make it Worse
It's a rough time in Canada's oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse.
7:00 PM EST | November 07, 2018
Suncor Profit Tops Estimates
Suncor posts third-quarter profit that topped analysts' estimates.
8:00 PM EST | October 31, 2018
Crude, Pipeline Woes Loom Over Oil-Sands Earnings
Forgive Canada's oil-sands producers for the whiplash.
8:00 PM EST | October 24, 2018
Canada Shale Drillers Feel Permian Pain as Prices Collapse
The Permian Basin isn't the only oil field facing pressure from pipeline bottlenecks.
8:00 PM EST | September 19, 2018
Canadian Crude Prices Plunge Once Again
Canadian crude prices are plunging once again as repairs were completed on Alberta's second-biggest oil sands upgrader and production surged from a new mine.
8:00 PM EST | September 06, 2018
Suncor's Syncrude To Resume Some Output In July, Full Ops In Sept
Suncor says its Syncrude oil sands project in Western Canada will resume some production in July.
8:00 PM EST | July 08, 2018
Enbridge Pipeline Reversal Earns BP's Ire, Suncor's Praise
Enbridge's decision to implement and then scrap new rules governing Canada's biggest export pipeline system sent crude prices on a record roller coaster move this week.
8:00 PM EST | June 07, 2018
Suncor Ramps Up Megaprojects as Refining Arm Protects Prices
Suncor Energy is barreling ahead on the ramp-ups of the Fort Hills and Hebron oil megaprojects.
8:00 PM EST | May 01, 2018
Suncor Going Autonomous in Oil Sands
Implementing electric AHS will change some employees' roles, skill sets.
7:00 PM EST | January 31, 2018
Suncor Says Makes Progress In Oil Sands Project Dispute With Total
Suncor Energy says it has made progress in resolving a commercial dispute with joint venture partner Total.
8:00 PM EST | October 25, 2017
Canadian Oil's High-Priced Run Set to End as Supply Surges
Canadian oil-sands producers enjoying the strongest market for heavy crude since 2008 will soon face a renewed glut.
8:00 PM EST | October 10, 2017
Suncor, Total Argue Over Cost Of Fort Hills Project
Suncor Energy is in a dispute with Total after the French company said it would not provide any more funding for the Fort Hills oil sands project in northern Alberta.
8:00 PM EST | July 26, 2017
Synthetic Crude Rises On Extended Syncrude Oil Sands Cuts
The price of oil sands synthetic crude strengthened after the majority owner in the Syncrude oil sands project in northern Alberta said maintenance on the facility had been extended.
8:00 PM EST | June 13, 2017
Canada's Suncor Prepares Oil Sands Growth as Global Majors Exit
Even as the world's largest energy companies exit Canada's high-cost oil sands the country's top producer Suncor Energy is lining up its next phase of growth in the world's third largest crude reserves.
8:00 PM EST | May 10, 2017
Suncor to Apply to Build New Oil Sands Project in Northern Alberta
Suncor said it has not yet formally sanctioned the project, but if it goes ahead, construction could begin in 2024, with first steam being pumped into the reservoir to liquefy and extract tarry bitumen in 2027.
8:00 PM EST | May 07, 2017
Cenovus Drops Most Ever as $13.3 Billion Deal Ramps Up Risks
Cenovus Energy fell the most since its trading debut more than seven years ago after agreeing to buy Canadian oil assets from ConocoPhillips for C$17.7 billion ($13.3 billion) in a deal that increases its risks at a time of uncertain oil prices.
8:00 PM EST | March 29, 2017
Centrica: Oda Field to see $634M Investment, Will Create 5,500 Jobs
Centrica plc, along with its license partners, has pledged to invest $634 million for the development to the Oda field, which it says will generate thousands of jobs over its lifetime.
7:00 PM EST | November 29, 2016
OMV Agrees To Sell 30% Stake In British Rosebank Field To Suncor
OMV has agreed to sell most of its 50% stake in the British Rosebank field to Canada's Suncor Energy.
8:00 PM EST | August 08, 2016
Falling US Oil Output Not Enticing Enough For Wary Investors
Not even a sharp decline in U.S. oil production can convince investors that oil prices are ready to rebound.
8:00 PM EST | July 10, 2016
Firefighters Protect Canada's Oil Sands Battling Intense Flames
Those sent into Canada's oil sands are not only wrestling with one of the worst wildfires in the country's history. They are doing it surrounded by the volatile, explosive chemicals critical to pumping oil from some of the world's largest reserves.
8:00 PM EST | May 23, 2016
Canada's Oil Sands Producers Prepare to Re-Enter Evacuated Sites
All of the Canadian oil sands facilities that workers fled last week as a wildfire spread are being allowed to prepare for restart as cool, humid weather has helped contain the inferno.
8:00 PM EST | May 22, 2016
Canadian Oil Exports Drop, Supply Hunt on Amid Wildfires
In a sign the massive Alberta wildfire is taking a toll on oil transport, Canadian crude exports to the United States dropped 12 percent last week.
8:00 PM EST | May 17, 2016
Canada Oil Sands Producers Disrupted Anew as Wildfire Shifts North
Canadian energy producers were hit with fresh disruptions on Tuesday after a massive wildfire burning around the oil sands hub of Fort McMurray, Alberta, shifted north, forcing the evacuation of about 4,000 people from work camps.
8:00 PM EST | May 16, 2016
Suncor Shuts Oil Sands Mine Again as Alberta Fires Spread
Wildfires raging across Alberta shifted back toward oil-sands installations north of Fort McMurray, forcing the evacuation of thousands of workers and prompting Suncor Energy to shut its main mine just as work was resuming.
8:00 PM EST | May 16, 2016
Oil Drillers Adding Hedges as Crude Closes In on $50 a Barrel
Oil producers are taking advantage of the rebound in crude markets to lock in protection against another slump.
8:00 PM EST | May 15, 2016
Bulk of Canada's Oil Sands Plants Seen Up in Days to Weeks
Canadian oil sands facilities representing more than 90 percent of production taken offline during a wildfire in northern Alberta have emerged unscathed and are expected to restart within days to a couple of weeks.
8:00 PM EST | May 10, 2016
Canada's Oil Output Spared Fire Damage Seen Able to Rebound
Canada oil-sands producers including Suncor Energy could resume production within a week after the threat subsides from wildfires that cut as much as 40 percent of the region's output.
8:00 PM EST | May 08, 2016
Oil, Gas Senior Execs Focus on Workforce, Growth and Technology
As low oil prices continue, senior executives from oil and gas companies focus on short-term and long-term strategies to stay competitive and grow.
7:00 PM EST | February 23, 2016
Suncor Cuts Spending After Surprise Loss on Asset Writedowns
Suncor Energy cuts spending by about 10% this year amid writedowns on the value of Canadian, Libyan and offshore assets.
7:00 PM EST | February 03, 2016
Suncor Reaches Deal To Buy Canadian Oil Sands With Sweetened Offer
Suncor Energy has reached a deal to acquire rival Canadian Oil Sands by raising its all-stock offer.
7:00 PM EST | January 17, 2016
Suncor Extends Time, But Not Bid, On Canadian Oil Sands Deal
Suncor Energy extends time for Canadian Oil Sands to consider $2.93 billion acquisition deal, but says it won't increase the offer.
7:00 PM EST | January 10, 2016
Oil Sands Giant's Hostile Takeover Teeters as Crude Plunges
Suncor Energy Inc.'s C$4.13 billion ($2.93 billion) takeover of Canadian Oil Sands Ltd. looks far from certain, with the target's share price trading at a record gap to the bid just a day before expiring.
7:00 PM EST | January 06, 2016
Suncor CEO Has No Plans to Boost Price for Canadian Oil Sands
Suncor CEO Steve Williams said he has no plans to sweeten the offer for Canadian Oil Sands and that a majority of shareholders support the bid.
7:00 PM EST | January 04, 2016
Suncor Says Canadian Oil Bid Extension Highly Improbable
Suncor Energy's top executive said it was "conceivable but highly improbable" that Suncor will extend a hostile takeover bid for Canadian Oil Sands beyond this week's deadline.
7:00 PM EST | January 03, 2016
Canadian Oil Sands Urges Shareholders to Reject Suncor Bid
Canadian Oil Sands' board sent a letter to its shareholders urging them once again to reject the hostile bid by Suncor ahead of the offer's deadline next week.
7:00 PM EST | December 28, 2015
Suncor Bid for Canadian Oil Sands Pits Promise Against Results
As Canadian Oil Sands Ltd. tries to fend off Suncor Energy Inc.'s C$4.5 billion ($3.2 billion) bid, the latest upset at its only business couldn't have come at a worse time.
7:00 PM EST | December 21, 2015