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The projection anticipates production will rise to over 3.9 million b/d by 2030, which is half a million b/d higher than 2024. Notably, the 2030 forecast has been revised upwards by 100,000 b/d, or ...
CALGARY (Reuters) -Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and Suncor become some of North America's lowest-cost oil ...
International Petroleum Corp.’s Blackrod project has begun commercial production, becoming Alberta’s first new oil sands project since 2014. Canadian producers have significantly lowered emissions and ...
A plan to strip-mine oil sands crude on U.S. land for the first time in northeastern Utah is facing legal challenge. Through a legal appeal, a pair of local environmental groups are working to ...
Once considered among the world's highest-cost oil resources, Canada's oil sands have become one of North America's most competitive oil plays. A number of projects are now breaking even at below $40 ...
Canadian oil sands benefit from geology, technology, and cost-cutting measures Canadian oil sands have lower break-even prices than U.S. shale producers Technological advances improve efficiency and ...
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