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Oil Sands News

Canada Invites Chinese Investment in Oil Sands
Canada >> 6/9/2017 - The Canadian government is inviting Chinese investment in its oil sands sector, Canada Natural Resources Minister Jim Carr said on Thursday, following a torrid six months in which $22.5 billion in for...
Shell Completes Divestment of Oil Sands Interests in Canada
Canada >> 5/31/2017 - Royal Dutch Shell plc announces the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its i...
ConocoPhillips Completes Sale of FCCL Partnership Interest
Canada >> 5/17/2017 - ConocoPhillips completed its previously announced transaction with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the m...
Suncor to Apply to Build New Oil Sands Project in Northern Alberta
Canada >> 5/9/2017 - Suncor Energy, Canada's largest oil and gas producer, said on Monday it plans to submit an application to regulators for a new thermal oil sands project later this year, which could eventually produce...
Suncor Evaluates Potential Oil-Sand Deals as Global Majors Exit
Canada >> 4/27/2017 - Suncor Energy Inc , Canada's largest energy producer, is still evaluating opportunities for oil sands acquisitions in northern Alberta as foreign oil majors exit the high-cost region, Chief Executive ...
BP Considering Sale of Stakes in Canadian Oil Sands Assets
Canada >> 4/20/2017 - BP Plc is considering the sale of its stakes in three Canadian oil sands projects, people familiar with the matter told Reuters this week, as part of the British oil company's strategy of retreating f...
Chevron Exploring Sale of Canada Oil Sands Stake for $2.5b
Canada >> 4/13/2017 - Chevron Corp, the second-largest U.S.-based oil producer, is exploring the sale of its 20 percent stake in Canada's Athabasca Oil Sands project, which could fetch about $2.5 billion, according to peop...
Nexen Joins ConocoPhillips in Cutting Oil Sands Output
Canada >> 4/6/2017 - Two oil sands producers in northern Alberta have cut production at their facilities due to a shortage of synthetic crude, market sources said, causing Canadian and U.S. crude prices to surge to multi-...
ConocoPhillips to Sell Assets in Canada for $13.3 Billion
Canada >> 3/29/2017 - ConocoPhillips has signed a definitive agreement with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of it...
Shell Divests Oil Sands Interests in Canada for $7.25 Billion
Canada >> 3/9/2017 - Royal Dutch Shell plc announces the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) which are detailed in this announcement that will see ...
ConocoPhillips Revises Down over 1 bln bbls of Oil Sands Reserves
Canada >> 2/22/2017 - ConocoPhillips has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocar...
Statoil Completes the Sale of its Oil Sands Business
Canada >> 1/31/2017 - Statoil and Athabasca Oil Corporation have completed their previously announced transaction, whereby Statoil has sold its entire oil sands operations in the Canadian province of Alberta to Athabasca. ...
Fluor Completes Module Fabrication for Oil Sands Project
Canada >> 10/18/2016 - Fluor Corporation (FLR) announced that all 358 modules have been fabricated and shipped to the site for its portion of the Fort Hills Energy L.P. oil sands mining project in the Athabasca region of Al...
Quest CCS Project Reaches Significant One-Year Milestone
Canada >> 9/15/2016 - In its first year operating, the Quest carbon capture and storage (CCS) project has captured and safely stored one million tonnes of CO2 ahead of schedule. Quest is the first CCS project applied to oi...
Suncor Restarts Oil Sands Operations
Canada >> 5/29/2016 - Suncor has begun the safe and staged restart of its operations in the Regional Municipality of Wood Buffalo (RMWB) with initial production from its Firebag in situ facility early last week. ...
Canada Wildfire: Oil Workers Urged to Leave Fort McMurray Camps
Canada Wildfire: Oil Workers Urged to Leave Fort McMurray Camps Canada >> 5/17/2016 - Around 12,000 people have been urged to leave Canada's oil sands camps near the fire-hit town of Fort McMurray as a resurgent wildfire heads towards them. 8,000 people were given precautionary evacuat...
Total Starts up Surmont 2 Oil Sands Project
Canada >> 9/1/2015 - Total announces the start-up of production from the Surmont 2 oil sands project, located 63 kilometers southeast of Fort McMurray in the Athabasca region of Alberta, Canada. ...
Cenovus Shuts Down Foster Creek due to Forest Fire
Canada >> 5/25/2015 - Cenovus Energy Inc. has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake ...
ExxonMobil Provides Cold Lake Project Expansion Starts Production
ExxonMobil Provides Cold Lake Project Expansion Starts Production Canada >> 5/11/2015 - Exxon Mobil Corporation announced that bitumen production began on schedule at the $2 billion Cold Lake Nabiye project expansion in northeastern Alberta, Canada. ...
Statoil Published Annual Oil Sands Operational Report
Canada >> 4/23/2015 - The report presents environmental, health and safety performance at the Leismer Demonstration Project. The CO2 intensity was reduced by around 4% in 2014, compared to 2013. The average daily oil sands...

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