World Oil (Bloomberg) – A flareup of wildfires in Alberta is threatening as much as half a million bpd of oil sands production, with MEG Energy Corp becoming the latest company to evacuate workers. About 500,000 bpd of marketable oil sands production could be within 10 km (6.2 miles) of an out-of-control blaze, Rystad Energy said in a report Thursday.
Oil Price Strathcona Resources Ltd plans to develop up to US$1.5 billion (C$2 billion) carbon capture projects at its oil sands assets with the public investment vehicle Canada Growth Fund (CGF), the Canadian oil sands producer said in a statement. Strathcona announced a strategic partnership with CGF, which will help fund the development of carbon capture and sequestration (CCS) infrastructure on
World Oil (WO) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a report that examines where Canadian oil sands assets fall on the North American cost curve. “The often-overlooked Canadian oil sands represent nearly 40% of North America’s sub-$50 WTI breakeven oil resource,” said Dane Gregoris, managing director with EIR. “Oil sands businesses are particularly attractive to
The framework agreement signifies a momentous stride in Indigenous communities’ participation in …
CALGARY, AB, June 24, 2024 (GLOBE NEWSWIRE) — Today, the Alberta Energy Regulator (AER) publishe…
(TheNewswire) VANCOUVER, BC — June 24, 2024 — TheNewswire &#x…
Oil Price A Canadian oil industry association has removed all transition-related content from its website in anticipation of punitive moves by the federal government, which earlier this month passed a law requiring companies to show proof of their transition statements. “Imminent amendments to the Competition Act will create significant uncertainty for Canadian companies that want to communicate publicly about the
CALGARY, Alberta, June 20, 2024 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), a…
Calgary, Alberta–(Newsfile Corp. – June 20, 2024) – Suncor Energy (TSX: SU) (NYSE: SU), one of t…
2024-06-19 20:15:00 ET Suncor Energy ( TSX:SU ) is among the most popular dividen…
2024-06-19 07:40:12 ET Oil prices recently hit seven-week highs on expectations of robust…
2024-06-18 07:00:00 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
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