Suncor today announced that Q2 production to date averaged approximately 636,000 barrels per day (bbls/d).
Oil Sands Mining News
Multiple parties, including private equity firms such as Apollo and energy companies, have bid separately for individual packages of shale real estate.
Western Canadian Select jumped as much as $12.20 a barrel to $13.80 below the U.S. benchmark Monday, the narrowest spread since May 16.
Vietnam is aiming to increase the use of household solar energy equipment to 12 percent by 2020, and 26 percent by 2030.
Higher production doesn't necessarily mean higher oil prices are entirely out of the question.
Energy producers expected to do more with less while focusing on the environment.
Britain’s Royal Bank of Scotland said it had tightened restrictions on project finance and general lending for high-carbon energy projects and companies.
As the year has progressed, the underbrush has gotten thornier, Trump's progress on trade has slowed, and now it has likely stopped altogether.
Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples.
Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights like Australia, China or even the U.K.
Alberta's E3 Metals Corp. developed a chemical extraction process that allows lithium to be produced in hours.
Geopolitics has taken over the oil market, driving oil prices up to three-year highs.
Finance Minister says indemnification would stay in place even if Kinder Morgan walks away.
Majority of scientists classify nuclear as a sustainable and safe energy source, along with other renewables.
With limited upside for precious metal prices, miners are refocusing on productivity.
Once the deal closes, Shell's only involvement in Canada's oil sands will be through its 10% stake in the Athabasca Oil Sands Project, majority owned by CNR and Chevron.
Qatar Investment Authority stepped in after the sellers -- a consortium of QIA itself and mining giant Glencore Plc -- told CEFC it wouldn’t proceed with the original deal announced in October.
The state energy giant will list 49 percent of its shares in the country's aluminium smelter plant Qatalum in a public offering.
The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d.
Pierre Andurand said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years.
While Cenovus and Husky both billed their output slowdowns as temporary, the first-quarter hiccups foreshadow shrinking gains in oil-sands production.
Oil and gas producer Cenovus Energy Inc expects Canada’s railways to be able to carry more oil in the second half of this year.
If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.
Even though Russia has nearly five times as many residents as Texas, the Lone Star State's economy is more than $40 billion larger.
The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.