This article was published by the Canada Energy Regulator on June 8, 2022. Canadian bitumen production from oil sands mining(1) and in situ operations hit a record high of 3.5 million barrels per day (MMb/d) in October 2021. [Read more]
Cenovus Energy has entered into a power purchase agreement to buy solar-powered electricity and the associated emissions offsets from Cold Lake First Nations and Elemental Energy Inc. The oil sands major says the agreement will [Read more]
Rating: Advanced high school and post-secondary Summary: Markham interviews Kevin Birn, an economist with IHS MarkIt, about how oil sands producers have driven down costs to around $30 WTI per barrel. Falling supply from Latin [Read more]
A new analysis by IHS Markit has found that delays in the expansion of export pipeline capacity have contributed to wider differentials and lower commodity prices, costing Canadian heavy crude producers billions of dollars. Kevin [Read more]
This article was published by COSIA on Nov. 19, 2019. By its nature, oil sands development—particularly mining—disturbs surface lands. Sections of forest in Northern Alberta have been cleared so the underlying bitumen can be recovered. [Read more]
By Simon Dyer This article was published by the Globe and Mail on Feb. 12, 2020. Canada is facing a decision on the biggest oil sands mine proposal in almost a decade. Alberta’s Frontier oil [Read more]
“Business as usual” in the Canadian oil patch is unacceptable, but “only slightly better than business as usual” is just as unacceptable CEO Alix Pourbaix is being praised for Cenovus Energy’s aspirational goal of net-zero [Read more]
On Thursday, Alberta Innovates announced it has launched a new clean technology initiative called the Carbon Fibre Grand Challenge. The Carbon Fibre Grand Challenge is a $15 million international competition created to accelerate the development [Read more]
By Simon Dyer This article was published by Pembina Institute on Dec. 11, 2019. Throughout the Pembina Institute’s 35-year history, we have been dogged in our efforts to stand up for Albertans. We have developed [Read more]
This article was published by the National Energy Board on Oct. 3o, 2019. The Government of Alberta capped Alberta crude oil production at 3.56 million barrels per day (MMb/d) on 1 January 2019. This was in response to Alberta crude [Read more]
On Friday, oil sands giant Suncor released its annual Report on Sustainability which details the company’s environmental, social and economic performance. Also available within the report is the company’s third Climate Risk and Resilience Report. [Read more]
A Friday tweet from energy reporter Shawn McCarthy pulled back the curtain a bit on Premier Jason Kenney’s off-the-record view of climate change: “investor concerns about climate risk are ‘flavour of the month’…” [Read more]
The truth is: if we care about Alberta’s energy industry and the people who work in it, everyone needs to start working together. Polarization, spurious accusations, and name-calling will not make new energy projects move [Read more]
Last August, production of condensate and pentanes plus in western Canada reached an all-time high of 414 thousand barrels per day (Mb/d); 35 per cent higher than August of the previous year. Nexen photo. Most [Read more]
The government of Alberta has offered a $440 million loan guarantee to a Calgary-based company planning to build a 77,500 barrel per day partial upgrading facility near Edmonton. Twitter photo. Oil sands upgrader will create [Read more] [Read more]
On Monday, Suncor reported record-breaking production of 831,000 boe/d for the fourth quarter of 2018. The Calgary-based company also reported record quarterly crude throughput of 468,000 bbls/d. Suncor photo. Suncor reports refinery utilization hit 101 [Read more] [Read more]
Source: ARC Financial Institute Demand for Alberta heavy crude oil is growing at the very time pipeline projects have been delayed In any war, truth is one of the earliest casualties, and it’s no different [Read more]
Source: Angus Reid Institute. “This is why the big oil sands companies are my most trusted influencer when it comes to climate change: they have skin in the game.” It’s safe to assume that no [Read more]
As part of a $6.4 billion deal, Husky Energy announced on Monday a proposal to acquire all outstanding shares of MEG Energy for $11/share. Company photo. Husky, MEG Energy company will have a total upstream [Read more]
Calgary’s Cenovus Energy says it has signed three-year agreements with major rail companies to ship about 100,000 b/d of heavy crude from Alberta to the US Gulf Coast. Company photo. Cenovus says rail strategy will [Read more]
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