Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.
Oil Sands Mining News
Canada’s oil sands industry may find itself fighting with the US — its own largest customer — for a share of a shrinking oil market within four years.
Seaborne coal, tin prices are the big exceptions.
Operating Engineers in the U.S. and Canada stand ready to build this essential piece of North American energy infrastructure.
The company has spent at least $2.5 billion on the project, whose total cost if built would be at least $10 billion due to delays and permitting costs.
We've been bullish on oil prices and published a piece last April predicting an energy shortage. I continue to think that is where we're headed.
The US President has signed two separate orders that advance the construction of TransCanada’s Keystone XL and Energy Transfer Partners LP’s Dakota Access oil pipelines.
President Donald Trump's picks for his Cabinet appear to back up his campaign pledges to boost US oil and gas production and streamline infrastructure approvals.
As the book closes Friday, January 20, 2017, on President Barack Obama’s two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price.
Fracking is poised to increase under the Trump administration, and with it will come the need for larger quantities of fracking sand.
The Canadian Security Intelligence Service (CSIS) warning highlights an additional risk for the energy sector
Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed.
Lawmakers have voted in favour of pushing ahead with a trade deal that would allow Canadian oil sand producers to export more crude to the old continent.
Court forced B.C. to issue its own environmental certificate on pipeline expansion.
For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam.
World Bank's 2017 outlook says US impact on commodity markets diminished, but it's still number 1 for oil and number 2 in copper, aluminum and lead.
The adoption of a“partial upgrading” technology could bring in hundreds of millions of dollars into Alberta's economy, a new study claims.
Two workers were killed and five were injured when cables holding up a roof support structure snapped at an Alberta oil sands project in 2007.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.
That is how much the company will have to spend just getting the expansion project shovel-ready, according to Conference Board of Canada estimates.
Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe it has a future in the Canadian oil sands.
But Asia rises as potential market for Trans Mountain crude say analysts.
Donald Trump's prospective cabinet is now stacked with friends of Canadian oil, with vocal proponents of the Keystone XL pipeline his picks to run key posts in the State and Energy departments.
The agency said such statement, however, cannot become a “national, systemic conclusion” about the impacts of the oil and gas extraction method.