Canadian Oil Sands has been labouring under low oil prices.
Operation Cauldron, as it was initially baptized, called for the underground detonation of up to 100 nuclear bombs, in hopes of liquefying the stubborn bitumen that had conventional oil extraction experts stumped.
Athabasca said in a news release that bitumen production averaged 3,200 barrels per day in September and has recently jumped to 4,000 bpd.
“If it’s built, it will be used and useful.”
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Iran is ranked among 15 major mineral-rich countries with potential reserves worth $770 billion.
Sounding yet again like a cheerleader for opponents of Alberta’s energy industry, Notley, head of the left-leaning NDP government, reacted positively to U.S Democratic Presidential Candidate Hillary Clinton’s surprise announcement that she’s opposed to the Keystone XL pipeline from Alberta to the U.S. Gulf.
A team of scientists is warning that current level of water used by oil sands producers may not be sustainable.
The project is expected to boost output in northern Alberta by 180,000 barrels a day, with production set to begin by the fourth quarter of 2017.
On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD.
Experts in the resource sector on what steady interest rates mean for precious metals and oil prices.
Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.
More than a dozen energy companies have been pressing U.S. authorities to lift the nation's four-decade moratorium on oil exports.
B.C. oil and gas revenue is down 98% year-over-year.
With the markets in whiplash mode, Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management, believes volatility is going to stick around for a while, and we might see a correction double of what we've had so far.
Taking stock of the hectic hydrocarbon industry from a supplier’s point of view is always a complex task.
The agency believes U.S. tight oil supply will sink by nearly 400,000 barrels a day in 2016.
Chief Investment Officer Jagdeep Bachher said the assets were no longer good investments for the university's $98.2 billion fund.
A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.
A U.S. court begins hearing arguments this week in a lawsuit that claims increased volumes of oilsands crude have been allowed to flow from Canada into the United States without adequate public input or environmental review.
The remaining 55 pipelines affected by a suspension order must stay closed until the company can demonstrate they're safe.
The decision could set a precedent for similar cases involving mining companies around the world.
The largest synthetic crude oil processing facility in Canada is slowly recovering from a fire that damaged equipment and communication lines over the weekend.
In today's infographic, we look at how crashing oil prices over the last year have affected currencies of nations that are heavily reliant on exporting oil.
After decades of exhaustive attempts to overcome the dirty reputation of oil sands, we finally have an environmentally-friendly and low cost method to tap into these vast resources in the state of Utah—good news both for Mother Nature and all oil and gas investors.
Keith Schaefer outlines the sectors that will profit first from a reversal in oil and gas prices, and what he is doing to position his readers for success.
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