Oil Sands News


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Suncor Says Makes Progress In Oil Sands Project Dispute With Total
Thursday, October 26, 2017 Suncor Energy says it has made progress in resolving a commercial dispute with joint venture partner Total.

Suncor Says Makes Progress In Oil Sands Project Dispute With Total
Thursday, October 26, 2017 Suncor Energy says it has made progress in resolving a commercial dispute with joint venture partner Total.

Thailand's PTTEP Delays Canadian Oil Sands Project At Cost Of $550MM
Thursday, October 19, 2017 PTTEP says it was delaying plans investment for the Mariana Oil Sands in Canada.

Canadian Oil's High-Priced Run Set to End as Supply Surges
Wednesday, October 11, 2017 Canadian oil-sands producers enjoying the strongest market for heavy crude since 2008 will soon face a renewed glut.

Energy East Death Pins Oil Sands Hopes on Two Troubled Pipelines
Friday, October 06, 2017 Energy East would have given oil producers in Alberta and Saskatchewan another market for their crude.

Canadian Oil Sands Producers: Heady Days May Not Last Long
Monday, August 21, 2017 Most Canadian oil sands producers are expected to book losses or post sharp drops in profit in the coming quarters.

Canada's Imperial Oil Posts Unexpected 2Q Loss
Friday, July 28, 2017 Imperial Oil reports an unexpected second-quarter loss due to planned and unplanned maintenance that curbed oil output.

Suncor, Total Argue Over Cost Of Fort Hills Project
Thursday, July 27, 2017 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.

Suncor, Total Argue Over Cost Of Fort Hills Project
Thursday, July 27, 2017 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.

Fire Extinguished At Syncrude Oil Sands Plant In Alberta
Monday, July 10, 2017 A small fire broke out in a sulphur emissions reduction unit at the Syncrude oil sands plant in northern Alberta.

Synthetic Crude Rises On Extended Syncrude Oil Sands Cuts
Wednesday, June 14, 2017 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.

Kinder Commits to Pipe Linking Oil-Sands Crude to Asian Markets
Friday, May 26, 2017 The Houston-based company announced its final investment decision for the Trans Mountain expansion project Thursday.

Canada's Suncor Prepares Oil Sands Growth as Global Majors Exit
Thursday, May 11, 2017 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.

Suncor to Apply to Build New Oil Sands Project in Northern Alberta
Monday, May 08, 2017 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.

PetroVietnam Says Venezuela Oil Project Still Stalled, Hopes To Reactivate
Wednesday, May 03, 2017 PetroVietnam's joint venture with PDVSA remains stalled but the Vietnamese company hopes ongoing talks will lead to reactivation of operations.

PetroVietnam Says Venezuela Oil Project Still Stalled, Hopes To Reactivate
Wednesday, May 03, 2017 PetroVietnam's joint venture with PDVSA remains stalled but the Vietnamese company hopes ongoing talks will lead to reactivation of operations.

Sources: Chevron Exploring Sale Of Canada Oil Sands Stake Worth About $2.5B
Thursday, April 13, 2017 Chevron is exploring the sale of its 20% stake in Canada's Athabasca Oil Sands project, which could fetch about $2.5 billion, according to people familiar with the situation.

Sources: Chevron Exploring Sale Of Canada Oil Sands Stake Worth About $2.5B
Thursday, April 13, 2017 Chevron is exploring the sale of its 20% stake in Canada's Athabasca Oil Sands project, which could fetch about $2.5 billion, according to people familiar with the situation.

Syncrude Outage Limits ConocoPhillips Oil Sands Production
Tuesday, April 04, 2017 A shutdown at the Syncrude oil sands facility in northern Alberta has curbed output from ConocoPhillips' Surmont plant, the US company says.

Deal Of The Month: ConocoPhillips Cashes In With $13.3 Billion Sale
Friday, March 31, 2017 Selling most of its Canadian oil sands assets to Cenovus, ConocoPhillips exceeds divestment target and is positioned to achieve more than $16 billion in asset sales by the end of the year.

Shell Shuns New Oil Sands as Low Crude Prices Force Cost Control
Monday, February 27, 2017 Royal Dutch Shell is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude's crash forced competitors to write down Canadian reserves.

Shell Shuns New Oil Sands as Low Crude Prices Force Cost Control
Monday, February 27, 2017 Royal Dutch Shell is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude's crash forced competitors to write down Canadian reserves.

Shell Shuns New Oil Sands as Low Crude Prices Force Cost Control
Monday, February 27, 2017 Royal Dutch Shell is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude's crash forced competitors to write down Canadian reserves.

MEG Energy Posts Unexpectedly Larger Loss, Cuts Capital Spending
Thursday, October 27, 2016 MEG Energy Corp reports a larger-than-expected loss in the third quarter.

CNOOC Cutbacks at Long Lake Oil Sands Site Caps Years of Trouble
Thursday, July 14, 2016 CNOOC's decision this week to idle part of its Long Lake oil sands operation in Alberta comes after five years of problems cemented the site's reputation as one of the most troubled projects in the region.

CNOOC Cutbacks at Long Lake Oil Sands Site Caps Years of Trouble
Thursday, July 14, 2016 CNOOC's decision this week to idle part of its Long Lake oil sands operation in Alberta comes after five years of problems cemented the site's reputation as one of the most troubled projects in the region.

Report: Canada Oil Sands Output to Grow 42% by 2025
Monday, June 27, 2016 Canada's oil sands production will grow by 42 percent to 3.4 million barrels per day by 2025, analysts say.

Energy East Faces Countrywide Consultation as Review Begins
Thursday, June 16, 2016 Canadian regulators started their review of TransCanada Corp.’s proposed Energy East oil pipeline, extending public consultation to all who wish to participate and adding consideration of pollution from oil production.

Firefighters Protect Canada's Oil Sands Battling Intense Flames
Tuesday, May 24, 2016 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.

Firefighters Protect Canada's Oil Sands Battling Intense Flames
Tuesday, May 24, 2016 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.

Bulk of Canada's Oil Sands Plants Seen Up in Days to Weeks
Wednesday, May 11, 2016 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.

Bulk of Canada's Oil Sands Plants Seen Up in Days to Weeks
Wednesday, May 11, 2016 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.

Bulk of Canada's Oil Sands Plants Seen Up in Days to Weeks
Wednesday, May 11, 2016 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.

Statoil Suspends All Production at Leismer Oil Sands Project in Canada
Monday, May 09, 2016 Statoil is suspending all production at its Leismer oil sands project in northern Alberta due to a massive wildfire that destroyed parts of nearby Fort McMurray.

Canada's Oil Output Spared Fire Damage Seen Able to Rebound
Monday, May 09, 2016 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.

Canada's Oil Output Spared Fire Damage Seen Able to Rebound
Monday, May 09, 2016 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.

Canada's Oil Output Spared Fire Damage Seen Able to Rebound
Monday, May 09, 2016 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.

Syncrude Says Alberta Oil Sands Mine Shut Down Because of Wildfire
Friday, May 06, 2016 The Syncrude oil sands project has completely shut down extraction at its Aurora bitumen mine and is operating other facilities at minimum levels, the result of the Fort McMurray wildfire, Chief Executive Mark Ward said on Friday.

MEG Energy Advances Oil Sands Maintenance As Low Prices Bite
Thursday, February 04, 2016 Canadian oil sands producer shifts maintenance at northern Alberta plant, saying the reservoir may naturally decline if weak prices persist.

Oil-Sands Slump Doesn't Feel So Bad for Canada Maintenance Crews
Thursday, January 14, 2016 The companies that clean the boilers, grease the machinery and tighten the bolts are skirting the carnage in Canada's energy patch.

Oil-Sands Slump Doesn't Feel So Bad for Canada Maintenance Crews
Thursday, January 14, 2016 The companies that clean the boilers, grease the machinery and tighten the bolts are skirting the carnage in Canada's energy patch.

Oil Sands Giant's Hostile Takeover Teeters as Crude Plunges
Thursday, January 07, 2016 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.

Canadian Oil Sands Rejects Suncor Hostile Takeover Offer
Monday, October 19, 2015 Canadian Oil Sands asks its shareholders to reject Suncor Energy's offer, saying it "substantially undervalued" the company and was "entirely opportunistic".

Canadian Oil Sands Rejects Suncor Hostile Takeover Offer
Monday, October 19, 2015 Canadian Oil Sands asks its shareholders to reject Suncor Energy's offer, saying it "substantially undervalued" the company and was "entirely opportunistic".

Suncor Makes Unsolicited $3.3 Billion Bid for Canadian Oil
Monday, October 05, 2015 Suncor Energy makes an unsolicited offer to buy Canadian Oil Sands Ltd. for about C$4.3 billion ($3.3 billion), taking advantage of plunging crude prices to seek to add production in Alberta.

Total Sells Stake In Alberta Oil Sands Project To Canada's Suncor
Monday, September 21, 2015 Total sells 10% of its planned 180,000 barrels-per-day capacity Fort Hills project for around $230 million.

Two New Canadian Oil Sands Projects Started Despite Price Pain
Tuesday, September 01, 2015 ConocoPhillips and Husky Energy announce key milestones in bringing two new oil sands projects online.

Two New Canadian Oil Sands Projects Started Despite Price Pain
Tuesday, September 01, 2015 ConocoPhillips and Husky Energy announce key milestones in bringing two new oil sands projects online.

Canadian Oil Sands Halts Syncrude Production After Fire, Prices Spike
Monday, August 31, 2015 Canadian Oil Sands Ltd halts crude oil production after a fire damaged equipment at its processing facility in northern Alberta.

Canadian Oil Sands Halts Syncrude Production After Fire, Prices Spike
Monday, August 31, 2015 Canadian Oil Sands Ltd halts crude oil production after a fire damaged equipment at its processing facility in northern Alberta.