UTS added its Frontier Project to its contingent bitumen resource status following the results of an independent review of bitumen resources for its three major oil sands projects. UTS added its ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a ...

CALGARY, Alberta (Reuters) - Pilot projects in an as-yet undeveloped oilfield could remake Canada's energy map, if producers can successfully wrest a sludgy, tarry substance called bitumen from porous ...

CVE leans on low-cost oil sands assets and the MEG Energy acquisition to lift production and target 4% upstream growth in 2026.

Canada’s oil sands industry reduced its emissions per barrel for the sixth straight year in 2023, even as one growing portion of the sector moved in the opposite direction, according to new Alberta ...

The relentless search for oil has led explorers to the boreal forest of northeastern Alberta, among the jack pines and black spruce trees an hour's drive from the boom town of Fort McMurray. Kelly ...

A latest research revealed that the upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during ...

HOUSTON, Nov. 13-- ConocoPhillips approved the $1.1 billion Surmont oil sands project 60 km southeast of Fort McMurray, Alta., and plans to start construction in early 2004. Initial bitumen production ...

Wildfires in northern Alberta continued to disrupt some oil sands operations as Cenovus Energy demobilized this week non-essential staff at its Sunrise project as a precaution amid heat and wildfire ...

Suncor has shut down an oil sands project in Alberta amid wildfires, the province’s Minister of Forestry and Parks said, as quoted by Reuters. The Firebag project has a capacity of 215,000 barrels of ...