Canada’s biggest oil sands producers, which have stubbornly resisted halting output even as the price of their crude hits record lows, are planning a higher-than-normal maintenance schedule this year The Continue Reading
Some of the world’s most expensive crude lies trapped inside Canada’s oil sands. But the lingering legacy of $100 barrels means the nation is destined to exacerbate, rather than alleviate, Continue Reading
The head of Nexen Energy ULC, which is owned by Chinese state-controlled energy company Cnooc, apologized for the accident at its Long Lake facility in northern Alberta and said Cnooc Continue Reading
The two Canadian energy companies have been working on a revised bid since Friday , this person said, adding that talks were still ongoing. The value of the potential revised Continue Reading
The companies that clean the boilers, grease the machinery and tighten the bolts are skirting the carnage in Canada’s energy patch. Even as crude trades at its lowest in 12 Continue Reading
Ahead of the expiration of a hostile takeover offer, Canadian Oil Sands Ltd. said it was in a strong position to endure the weak market alone. Canadian Oil Sands is Continue Reading
Crude oil production at Syncrude Canada’s oil sands operation averaged 238,800 barrels per day (bpd) in December, down 26 percent from November, the joint venture’s largest-interest owner, Canadian Oil Sands Continue Reading
Canadian Oil Sands holds the largest stake in the Syncrude oil-sands mining consortium. Canadian Oil Sands shareholders have until Friday to accept Suncor’s offer of 0.25 of a share for Continue Reading
Canadian oil-sands producers like Suncor Energy Inc. like to tout the long life of the world’s third-largest crude reserves as their greatest asset. That longevity may now be their biggest Continue Reading
Even with oil priced below $50 per barrel, Canadian Oil Sands, a target of a takeover bid, said it will be able to stay in the black under a 2016 Continue Reading
