oil sands

The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.

The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.

Absolute greenhouse-gas emissions from Canadian oil sands increased by less than 1% in 2024, even as production grew, according to an analysis by S&P Global Commodity Insights, which cited gains in efficiency for the trend.

The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer.

Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.

Analysis by S&P shows that the annual growth in absolute emissions was less than 1% for the third consecutive year.

Canadian Natural Resources strengthens its position as a leading oil and gas producer in Canada.

An innovative aircraft-based technique recorded carbon emissions not tracked before from the industrial region.

French supermajor sells its pair of oil sands assets to focus capital on its oil and gas assets with low breakeven.

The French supermajor calls deal "more straightforward" than spin-off of business.