Oil Sands News in Canada

ConocoPhillips Revises Down over 1 bln bbls of Oil Sands Reserves
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
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
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
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
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 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
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
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 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
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...
ConocoPhillips Puts Western Canada Assets Up for Sale
3/27/2015 - ConocoPhillips is looking to sell about 20 percent of its production in Western Canada, outside the oil sands, as tumbling oil prices have made operations in the country less profitable. ...
Husky Energy Begins Oil Production at the Sunrise Energy Project
3/11/2015 - Husky Energy has started oil production at the Sunrise Energy Project in northern Alberta. "Sunrise is the latest in a series of resilient, low sustaining capital projects to come online from our dive...
Shell Shelves 200,000-bpd Pierre River Oil Sands Mining Project
2/23/2015 - Royal Dutch Shell Plc is shelving plans to build a new oil sands mine in northern Alberta, the largest such project to be deferred as producers struggle with low energy prices. ...
Inter Pipeline Completes Cold Lake and Polaris Pipelines
1/28/2015 - Inter Pipeline Ltd. has completed construction activity on two major expansion projects on its Cold Lake and Polaris pipeline systems. These projects will provide transportation service to the Foster ...
MCW Projects a Reduction in Its Oil Sands Costs Down to $ 28.00 USD Barrel
1/27/2015 - MCW Energy Group Limited involved in the development and implementation of oil sands extraction technologies, through MCW Oil Sands Recovery, LLC, ("MCW Oil Sands") today announced further details of ...
WorleyParsonsCord awarded $135m CAD Oil Sands Contract
1/23/2015 - WorleyParsonsCord has been selected to provide fabrication, modularization and construction services in an agreement with a major exploration and production company in Canada to construct a significan...
Sunrise Starts Operations
12/12/2014 - BP confirmed that operations have started at the Sunrise Phase 1 in-situ oil sands project in Alberta, Canada, with the start of steam generation. Husky Energy is the operator of Sunrise, a 50/50 join...
Quebec to Impose Conditions on TransCanada's Energy East Pipeline
11/20/2014 - TransCanada Corp's plans for a C$12 billion ($10.6 billion) pipeline to ship Alberta oil to Canada's East Coast face new obstacles with the province of Quebec imposing conditions before allowing the p...
Cenovus Gains Approval for Telephone Lake Oil Sands Project
11/14/2014 - Cenovus Energy Inc. has received approval from the Alberta Energy Regulator (AER) and the province of Alberta for its 100%-owned Telephone Lake thermal oil sands project. The proposed project is loca...
Husky Energy ups Price Tag of Sunrise Oil Sands Project to C$3.2 billion
10/23/2014 - Canada's No. 3 integrated oil and gas producer Husky Energy Inc raised cost estimates on its new Sunrise oil sands project by nearly 19 percent to C$3.2 billion as it reported third quarter earnings. ...

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