Kelt to sell BC Montney assets to ConocoPhillips for $510M
Eliminates debt with sale of producing and development assets in the region.
Royal Dutch Shell to sell stake in Canadian Natural Resources
Joins other energy players that have reduced their exposure in the oil sands.
Cenovus selling Pelican Lake operations to Canadian Natural for $975M
Proceeds to go towards money borrowed for the acquisition of ConocoPhillips Canadian assets.
Cenovus to accelerate drilling on acquired ConocoPhillips gas properties
Company will spend $650 million in 2019 to drill up to 120 wells in the Deep Basin of northeastern BC and northwestern Alberta.
$17.7B Cenovus deal seen as likely to be last oil sands blockbuster
Analysts note there are fewer significant assets available after more than a year of consolidation transactions.
Cenovus to buy ConocoPhillips’s Canadian assets for $17.7B
Deal makes the US-based company the latest international energy producer to lessen it’s exposure to Alberta.
Pipeline leak fouls creek near Alberta grizzly management area
AER said it was the largest hydrocarbon leak from a pipeline since Nexen.
ConocoPhillips restarts Surmont after wildfire shutdown
Ramping up production back to pre-shutdown levels of roughly 60,000 barrels a day.
Athabasca, Syncrude bring back project staff as wildfire risk recedes
Analysts estimate nearly half of the oil sands’ 2.5 million bpd capacity was offline at times over the past three weeks.
Alaska asks ConocoPhillips to reopen LNG plant
State says the plant will provide incentive for petroleum companies to explore and invest in Cook Inlet.
Imperial, Exxon buy ConocoPhillips’ stake in Clyden oil sands property
Deal is worth $751 million.
ConocoPhillips resumes oil field operations after leaks
Two spills in 2011 dumped more than 700 barrels of mineral oils into the Bohai sea.
ONGC denies joint $5B bid for Canadian oil sands stake
State-run Indian oil company says it hasn’t made a foreign takeover bid on six Alberta oil plays owned by ConocoPhillips.
Indian companies bidding for ConocoPhillips oil sands stake
Report says joint bid is for a 50% to secure overseas energy.
Delta buys an oil refinery
To battle rising jet fuel costs, US airline goes right to the source.