Long Lake upgrader mothballed after January explosion Northeastern Alberta site had history of underperformance CNOOC Ltd.’s decision this week to idle part of its Long Lake oil-sands operation in Alberta Continue Reading
Unit of Cnooc says upgrader not repairable in short term Company to contine bitumen production at Long Lake site Cnooc Ltd.’s Nexen Energy unit will eliminate 350 jobs this year Continue Reading
As the Canadian oil-sands hub of Fort McMurray, Alberta, battles to rebuild after wildfires that ripped through in May, the industry that made it a boomtown is contemplating the end Continue Reading
U.S. oil imports from the north fell to lowest since April Canadian oil is back to market after Alberta wildfire Canadian oil-sands producers who are restoring production after wildfires are Continue Reading
Investments in additional oil sands production capacity in Alberta will be boosted with a WTI price hovering between $55/b and $60/b even as producers spare no effort to reduce their Continue Reading
Oil Sands Factory Oil sands extraction evokes dark scenes of toxic trailing ponds and apocalyptic wastelands—but that’s Alberta. Welcome to Utah, where extraction leaves no trace as MCW Energy positions Continue Reading
An annual review of the budget for oil-rich Alberta found total revenue came in lower than budgeted, though the provincial finance minister was upbeat. The decline in crude oil prices Continue Reading
Canada’s oil sands production will grow by 42 percent to 3.4 million barrels per day by 2025, most of which will come from the expansion of existing facilities rather than Continue Reading
Harbir Chhina helped develop the game-changing steam technology that allowed companies to tap the world’s third-largest reserves in Canada’s oil sands. It was a moonshot that paid off. Now the Continue Reading
ConocoPhillips has announced it will restart production at the Surmount oil sands project, as the northern Alberta wildfire threat subsides. The company said the minor damage caused to the site Continue Reading
