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Oil sands spending set to hit an all-time high

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Cenovus earnings up 73 pct

from $156 million this time in 2010 to $304 million, the company announced in a statement on Thursday. Oil sands production by Cenovus increased by 14% over the period, with pumping at its Foster Creek and Christina Lake - where a new phase came on

Devon baits Jackfish plan

Devon Canada is considering expanding its northern Alberta, Canada oil sands operations to include a new 140,000-barrel-per-day in situ project near its existing Jackfish leases.

Statoil stalls in oil sands case

The Norwegian state oil company faces 19 charges filed by Alberta Environment of violating the Canadian province’s Water Act and could face a maximum fine of C$11 million ($11.4 million) if found guilty.
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