oil sands

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

The objective of this study is to conduct a comprehensive review of the latest technologies and work flows developed for heavy oil reservoir management.

New research reveals waste water injected underground by fossil fuel operators caused a magnitude 5.6 earthquake in November 2022 in the Peace River area of Alberta’s oil sands region.

The UK supermajor is selling off its Sunrise oil sands stake for cash, interest in the undeveloped Bay du Nord complex off Newfoundland.

The Oil Sands Pathways to Net Zero initiative is an alliance between Canada’s five largest oil sands producers. The group has announced additional details of its plan to achieve the goal of net zero greenhouse-gas emissions from oil sands operations.

As with large-scale carbon-capture projects in Europe and in the US, the Canadian oil companies say they will need various forms of government support to help realize the goals of the Paris Agreement.

When oil demand vaporized, oil sands producers cut 300,000 B/D of production from wells using steam injection to produce bitumen. It is a huge test of something they have long been reluctant to do—turn down in-situ production when prices plunge.

For years Canadian heavy-oil production exceeded the volumes pipelines could handle.

Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past.

The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public health concerns raised by the COVID-19 pandemic.