oil production
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How the oil sands changed Alberta and Canada forever
What started in the 1920s as Robert Fitzsimmons’ ticket to riches has turned into an industry that attracted $34 billion in investment in 2014.
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Husky Oil to proceed with Newfoundland West White Rose project
Direct benefits include more than $3 billion in royalties, equity and taxes.
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OPEC production jumped before deal on cuts, IEA says
Energy agency says next few weeks will be crucial in determining if production cuts are being implemented.
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Husky Energy to increase 2017 budget, boost daily output
Production is also scheduled to rise from several heavy-oil thermal projects.
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Oil sands back-to-business results expected as wildfire impact dissipates
Provincial estimates report Alberta oil sands production dropped by about one million barrels per day in May, 700,000 bpd in June.
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NEB to require companies to publish emergency management programs
Latest order covers broader scope, including policies and commitments, hazard identification and incident management.
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Nearly $1B of oil sands production lost due to Fort McMurray fire
Conference Board of Canada report estimates lost production is equal to 0.33% of Alberta’s projected GDP.
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Slashed spending by drillers could lead to price spike, report says
IEA suggests investment in oil exploration and production is declining for a second straight year.
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Canadian oil output growth could come to ‘complete standstill’
Oil-related investments are expected to drop 17% this year, according to the International Energy Agency.
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Alberta facing $5.9B deficit: fiscal update
Oil and gas investment is expected to fall more than 30%
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Auction opens Mexico’s oil sector to private firms, but draws few bids
Only two of 14 exploration and production blocks July 15 attracted bids.
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Wall pitches Saskatchewan over Alberta for royalty stability
Premier says provincial government has no plans to review the rates it charges oil companies.
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Crude oil production lowest in two years: report
“Perfect storm” of events cut average production to 3.98 million barrels of oil a day in May.
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Recession unavoidable for Alberta this year
Conference Board expects economy to slide 0.7% this year.
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Husky Energy says Rush Lake project ready ahead of schedule
Will produce up to 10,000 barrels per day using a steam-assisted process to extract the heavy oil.