Oil Sands

Surprising to many, Canada is the No. 1 oil exporter to the United States. Increasingly, these supplies come from Canada’s oil sands in northern Alberta. That province’s estimated oil sands deposits are in excess of 1.7 trillion barrels of crude bitumen. More than $91 billion has been invested in the oil sands in recent years and over $170 billion in oil sands-related projects. Venezuela and California are also heavy oil producers.

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Canadian Oil Sands
Canadian Oil Sands

Oil Sands News

Suncor resumes Canadian oil sands operations

Oct 22, 2013

Suncor Energy Inc. has resumed normal operations at its oil sands and in situ facilities after slowing them on Oct. 17 following a third-party supplier disruption of natural gas affecting the Wood Buffalo region of northeast Alberta, the company reported late on Oct. 18.

Sunshine, Renergy finalize Muskwa-Godin oil sands pact

Oct 22, 2013

Sunshine Oilsands Ltd., Calgary, has signed the previously announced joint operating agreement with Renergy Petroleum (Canada) Co. Ltd., an affiliate of Changjiang Investment Group Co. Ltd. of Hong Kong, with respect to Sunshine’s Muskwa and Godin area leases in Alberta’s Athabasca oil sands area.

Two layers of cost

Oct 21, 2013

Americans curious about the costs of misguided energy policy should watch Europe, where governments aggressively promote energy from the sun, wind, and biomaterial.

Canadian Natural Resources advances Horizon Oil Sands project

Oct 18, 2013

Canadian Natural Resources Ltd. said it completed several milestones at its Horizon Oil Sands project in northern Alberta in the third quarter, en route to production of 250,000 b/d of synthetic crude oil by 2017.

Athabasca Oil names Broen chief operating officer

Oct 14, 2013

Athabasca Oil Corp., Calgary, has named Rob Broen to the newly created position of chief operating officer in charge of light oil and thermal oil operations and all technical functions.

Sunshine Oilsands gets AER nod for Thickwood SAGD project

Sep 16, 2013

Sunshine Oilsands Ltd. said it received final approval from the Alberta Energy Regulator for its Thickwood project.

Cenovus seeks expansion at Christina Lake in Alberta

Aug 29, 2013

Cenovus FCCL Ltd., Calgary, has applied to the Alberta Energy Regulator for an expansion at the Christina Lake thermal project.

Andora Sawn Lake SAGD pilot getting under way

Aug 21, 2013

Production from a steam-assisted gravity drainage oil sands project at Sawn Lake in Alberta’s Peace River area should begin in early 2014, and joint venture partners have elected to participate and are attempting to raise funds, said Pan Orient Energy Corp., Calgary.

IHS: Keystone XL would have minimal greenhouse gas emissions impact

Aug 19, 2013

Completing the proposed Keystone XL crude oil pipeline would not have a significant impact on greenhouse gas emissions because other transportation routes used in its absence would not significantly change Alberta oil sands production growth, a recent IHS CERA study concluded.

Repeal Sect. 526

Aug 19, 2013

If the US can't act friendly with its neighbor to the north, it at least should refrain from outright hostility. Current US policy makes appeasement of extreme environmentalists more important than relations with Canada.

Petrobank works to boost Kerrobert output

Aug 13, 2013

Petrobank Energy & Resources Ltd., Calgary, is testing two strategies to expand the combustion zone and raise production in a pioneering thermal heavy-oil project in Saskatchewan.

Sunshine Oilsands starts strategic review

Aug 12, 2013

Sunshine Oilsands Ltd., Calgary, a development-stage company with 1.1 million acres under lease in the Athabasca region of Alberta, said it has begun a strategic review “with a view to progressing its oil sands development strategy and to preserving and maximizing shareholder value.”

Imperial, ExxonMobil Canada to buy Clyden stake

Aug 8, 2013

Imperial Oil Resources and ExxonMobil Canada will acquire the 100% interest held by ConocoPhillips in the 226,000-acre Clyden oil sands leasehold 150 km south of Fort McMurray, Alta., for about $751 million (Can.).

Cenovus seeks oil sands project expansion

Aug 2, 2013

Cenovus FCCL Ltd. has filed applications for Phase J expansion at its Foster Creek thermal oil sands project 90 km north of Cold Lake, Alta.

Alberta cancels leases near Fort McMurray

Jul 30, 2013

To make room for urban development stimulated by oil sands development, the government of Alberta is cancelling 32 oil sands leases held by 10 companies around crowded Fort McMurray.

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