News Topics: Oil Sands
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Consultancy: Cash Flows From Canada Oil Sands To Fall By $23B In 2 Years
Tuesday, February 24, 2015 Cash flows from the Canadian oil sands will fall by $23B and turn negative in the next 2 years, Wood Mackenzie says.
Shell Shelves 200,000 Bpd Pierre River Oil Sands Mining Project
Monday, February 23, 2015 Shell says it was shelving plans to build a new oil sands mine in northern Alberta, the largest such project to be deferred as producers struggle with low energy prices.
Imperial Oil 4Q Profit Falls, Kearl Expansion To Start Early
Monday, February 02, 2015 Imperial Oil's Kearl oil sands project expansion will start ahead of schedule, the company says, in the latest sign that weak crude prices are failing to dent oil sands growth.
Shell To Cut 5 To 10% Of Jobs At Canada Oil Sands Project
Friday, January 09, 2015 Shell will cut from 5-10% of the about 3,000 jobs at its Albian Sands mining project in northern Alberta, a company spokesman says.