Oil Sands News

S&P Global Insights Raises 10-year Production Outlook for Canadian Oil Sands
Canada >> 5/9/2024 - S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year. The updated forecast expects Canadian oil sands production to reach 3.8 million barre...
Greenfire to Participate and Present at the BMO Capital Markets & CAPP Energy Symposium
Canada >> 4/8/2024 - Greenfire Resources Ltd. ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of A...
Fort McKay First Nation & Suncor Energy to Partner on Prospective Oil Sands Opportunity
Canada >> 3/7/2024 - Fort McKay First Nation (FMFN) and Suncor announced the signing of a Memorandum of Understanding (MOU) on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regio...
TotalEnergies to Sell its 50% Stake in Surmont Oil Sands Asset to ConocoPhillips
Canada >> 5/26/2023 - In connection with the sale by TotalEnergies to Suncor Energy Inc. of the entirety of the shares of TotalEnergies EP Canada Ltd announced on April 27, 2023, ConocoPhillips has notified on May 26, 2023...
TotalEnergies Accepts an Offer from Suncor for its Oil Sands Assets
Canada >> 4/27/2023 - Following the announcement of its project to spin-off its Canadian assets, TotalEnergies received several unsolicited offers among which an offer from Suncor Energy Inc. for the acquisition of the ent...
Civeo Announces a 12-Year Contract Renewal in Canada
Canada >> 7/18/2022 - Civeo Corporation has been awarded a contract renewal to continue providing rooms and hospitality services at its Wapasu Lodge in the Canadian oil sands for Imperial Oil Resources Limited.

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North American Construction Group Ltd. Announces Contract Award
Canada >> 3/17/2022 - North American Construction Group Ltd. (“NACG”) announced a five-year contract awarded to Mikisew North American Limited Partnership (“MNALP”) by a major oil sands producer. Given the contractual scop...
Performance Proppants Announces the Addition of Two New Haynesville Shale Frac Sand Facilities
United States >> 10/12/2021 - Performance Proppants, LLC has reached an agreement to purchase a 1,200 acre deposit (“Merryville”) in Merryville, Louisiana that contains up to 20 million tons of additional frac sand. The Company ex...
GAC Closes Strategic Acquisition of JACOS
Canada >> 9/20/2021 - Greenfire Acquisition Corporation (“GAC” or the “Company”) announces the successful closing of the strategic acquisition of Japan Canada Oil Sands Limited (“JACOS”), which includes a 75% working inter...
Canadian Natural Resources Announces 2021 Second Quarter Results
Canada >> 8/5/2021 - Commenting on the Company's second quarter 2021 results, Tim McKay, President of Canadian Natural stated, "Canadian Natural is in a strong position as our vast and diverse asset base delivered strong ...
Canadian Oil Sands Exceeds Pre-Pandemic Levels
Canada >> 6/23/2021 - Canadian oil sands production has fully recovered from last year’s “COVID-19 Shock”—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. However, li...
Tomco Energy Announces Operational Update
United States >> 6/14/2021 - TomCo Energy plc (TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide a further update in respect ...
Petroteq Announces Initial Load of Sales Oil Tagged for Sale
Canada >> 6/10/2021 - Petroteq Energy Inc., focused on the development and implementation of its proprietary oil extraction and reclamation ?technologies, is pleased to announce that the 250 barrels of oil produced last we...
Petroteq Energy Announces Production of Initial Load of Sales Oil
Canada >> 6/3/2021 - Petroteq Energy Inc., focused on the development and implementation of its proprietary oil-?extraction ?technologies, is pleased to announce that following the restart of processing operations at its ...
Petroteq Recommenced Production of Oil from the POSP
Canada >> 5/27/2021 - Petroteq Energy Inc., an integrated oil ?company focused on the development and implementation of its proprietary oil-?extraction ?technologies, is pleased to announce that processing operations at it...
Petroteq Recommences Production from its Oil Sands Plant
United States >> 4/28/2021 - Petroteq Energy Inc., an integrated oil ?company focused on the development and implementation of its proprietary oil-?extraction ?technologies, is pleased to announce that its oil sands plant at Asph...
Tomco Energy Announces Greenfield Update
United States >> 4/27/2021 - TomCo Energy plc (TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide a further update in respect ...
WEF Announces Final Step of Its Acquisition of Osum Oil Sands Corp
Canada >> 4/6/2021 - Waterous Energy Fund ("WEF") and Osum Oil Sands Corp. ("Osum") announce that Osum has entered into an amalgamation agreement with WEF Osum Acquisition Corp. ("WOAC") under which Osum will amalgamate w...
Canadian Natural Resources Announces 2020 4th Quarter
Canada >> 3/4/2021 - Commenting on the Company's 2020 results, Tim McKay, President of Canadian Natural stated "The impact of the COVID-19 pandemic effected the very way we conducted our lives and the way we operated our ...
Cenovus Reports 2020 Fourth Quarter & Full Year Results
Canada >> 2/9/2021 - Cenovus Energy Inc. responded to extreme oil price volatility in 2020 by quickly reducing capital spending as well as strategically managing oil sands production and purchasing curtailment credits to ...

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