President Donald Trump on Tuesday ordered a total blockade of oil tankers entering or leaving Venezuela, declaring the Nicolás Maduro regime a foreign terrorist organization and accusing it of using ...

Canada’s oil sands are experiencing a comeback after years of living in the shadow of US shale. Crude output is climbing to new highs, the nation’s top producers are seeing their shares soar and ...

Suncor Energy has incredibly long-lived assets due to its oil sands portfolio. The company is an oil sands company with a strong and integrated portfolio of assets, including upstream, midstream, and ...

Cenovus Energy agreed to acquire MEG Energy in a CAN$7.9-billion deal. The combined assets will produce over 720,000 b/d, with total oil sands production projected to reach about 850,000 b/d by 2028.

Breakthroughs, discoveries, and DIY tips sent six days a week. Terms of Service and Privacy Policy. They’re chunky, sticky, and a sewer system’s worst nightmare ...

Canada’s major oil sands producers are boosting crude production even if they aren’t starting up new projects. The secret sauce appears to be reducing maintenance times and extending maintenance ...

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 ...

Despite lower oil prices, Canada’s oil sands production is expected to reach an annual all-time high of 3.5 million barrels per day (bpd) this year, thanks to optimization and efficiency at producing ...

S&P Global Commodity Insights expects a record annual average output of 3.5 million b/d from Canadian oil sands in 2025, marking a 5% increase from 2024, as part of its updated 10-year production ...