Oilsands Production

• New Calgary facility plans to turn fossil fuel emissions into stuff we can use

  A new testing facility launched in Calgary on Friday that industry experts say could be a game changer when it comes to helping the environment and the economy.

  May 25, 2018
  
• Husky Energy buying ‘distressed’ barrels as part of new oil price strategy

  Deep price discounts for western Canadian heavy crude have convinced Husky Energy Inc. to reduce production from its oilsands operations. 

  Canada

  Apr 26, 2018
  
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• Cenovus cuts oilsands production due to price differential, pipeline constraints

  The company has been operating its Christina Lake and Foster Creek facilities at reduced production levels since February.

  Canada

  Mar 22, 2018
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• Suncor posts higher earnings despite lower than expected oilsands production

  Suncor is reporting higher net earnings in the second quarter despite lower than expected oilsands production due to maintenance down time at its northern Alberta projects.

  Economy

  Jul 27, 2017
• Oilsands thirst for natural gas grows to nearly one-third of Canadian demand

  Nearly one-third of the natural gas burned in Canada last year was used to produce oil from the oilsands, according to the National Energy Board.

  Economy

  Apr 19, 2017
• Ex-oilsands CEO Jean-Michel Gires finds passion in scarves, leggings and other women’s clothing

  A former oilsands executive is putting his passion for the art of photography into a new line of silk scarves, spandex leggings and other women's clothing.

  Lifestyle

  Oct 11, 2016
• Enbridge profit down 47%; company cites Fort McMurray wildfires

  Enbridge says it took longer than originally anticipated for oilsands production to resume and average deliveries for the months of May and June were down by an average of 255,000 barrels per day.

  Money

  Jul 29, 2016
• Higher prices from Fort McMurray wildfire expected to boost Q2 energy company results

  Analysts predict oil prices driven higher by production stoppages during the Fort McMurray, Alta., wildfires in May will bolster the bottom lines of Canadian oil and gas companies as they report financial results starting this week

  Economy

  Jul 20, 2016
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• Project expansions to keep oilsands growing

  A U.S. research organization says expansion of existing operations will see oilsands production rise over the next nine years to 3.4 million barrels a day from 2.4 million at present.

  Money

  Jun 27, 2016
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• Alberta wildfires contribute to economic slowdown: TD Bank

  TD Bank predicts economic slowdown in Canada due to Fort McMurray wildfire.

  Money

  Jun 16, 2016