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News Energy Manufacturing Oil & Gas Business Operations General Operations Production
December 15, 2016  

Statoil sells oil sands assets to Athabasca Oil in $832M deal

Surprise sale agreement includes Statoil’s six-year-old Leismer thermal oil sands project.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
October 30, 2015  

Oil and gas cuts continue as companies struggle to reduce costs

Major players says cost cutting measures, including major job reductions, are starting to show results.

News Energy Oil & Gas Business Operations General Operations Production
September 8, 2014  

Athabasca Oil boosts capital budget to $667M

Also, the company’s CEO Sveinung Svarte will retire on Sept. 30.

News Energy Oil & Gas Business Operations General Operations
September 2, 2014  

Athabasca finally closes Dover oil sands sale to PetroChina

Sale will bring in $1.184 billion, $600 million of which has already been paid in cash.

News Energy Oil & Gas Business Operations Operations Sustainability
October 30, 2013  

Athabasca has confidence in Dover oilsands sale, Duvernay joint venture

Deal with PetroChina was announced in 2009 and would see the Chinese company own 60% of the McKay River and Dover oilsands projects.

News Oil & Gas Business Operations Operations Sustainability
December 17, 2012  

Athabasca Oil plans $798 million in capital spending

Capital projects include construction of its Hangingstone oil sands project.

News Oil & Gas Business Operations Sustainability
December 11, 2012  

Foreign investment to slow moderately in oilsands, but that’s not all bad

May depress the value of some Canadian firms, but only moderately.

News Energy Manufacturing Oil & Gas Business Operations Operations Production Sustainability Technology
October 10, 2012  

In-situ takes the heat

TAGD steps up as a game changer.