Rapid EV adoption could drop Canadian oil demand by 250,000 barrels per day — report
Rapid EV adoption could trigger convergence of oil and gas and power and utilities companies in the marketplace, EY said.
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Canadian oil outlook ‘significantly deteriorated’: International Energy Agency
With Canadian oil prices under pressure and so much uncertainty regarding new takeaway capacity, companies have been reluctant to launch new projects.
East River granted permission to purchase insolvent Connacher Oil and Gas
The junior oilsands producer has been operating under creditor protection since May 2016.
Imperial testing driverless oilsands haulers at Kearl
Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers.
Cenovus becomes Canada’s third largest oil producer
Its acquisition of oil sands assets last year from ConocoPhillips has propelled the company into the highest ranks of Canadian oil production.
Fort Hills oilsands ramp up surges over 100,000 bbls/d
The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d.
Underperforming Keystone Pipeline still hurting Canadian oil prices: GMP FirstEnergy
The blowout in the price spread between Canadian heavy and U.S. light crude isn't narrowing substantially any time soon.
Stantec to boost oilsands mining operations and reclamation exposure with acquisition of Norwest
Norwest will be integrated into Stantec’s energy and resources business, the company said.
