Canada oil sands importance to heavy oil markets rises, though constrained pipeline infrastructure will weigh on investment decisions, according to IHS Markit. Syncrude photo. Production growth from the Alberta oil sands will moderate in the [Read more]
The real consequence of a shortage of Canadian pipelines may be the impact on investor confidence, and that value may never be known. Trans Mountain photo. Pipelines are running near capacity as output grows By [Read more]
Full upgrading is a bust, new refineries are too risky, and converting existing refineries is constrained by US shale oil supplies Albertans should stop pining for more refining and upgrading of Alberta oil sands bitumen [Read more]
In situ cash operating costs now $7-8/b, set to drop another 20-30% over next decade My guest on this Markham On Energy podcast is someone I interview regularly about the Alberta oil sands, especially to [Read more]
Oil sands costs down/productivity up, which drives higher volumes, increases need for new pipelines When oil prices collapsed in late 2014, oil producers did what they always do in such circumstances: drove down costs in [Read more]
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