Oil sands producer will ramp up capital spending if prices improve and stabilize, and there’s clarity on market access.
Cuts to reduce a glut that increases the discount the oil fetches compared with the North American benchmark.
Price discounts are costing the Canadian economy as much as $80 million per day.
Can be a stop-gap measure to help narrow the price discount.
Almost 50% of the salmon exposed to the highest amount died during the first two months after they were moved to clean water.
Cleanup underway of oil and gas extraction process byproduct in Northern Alberta.
“Not getting the sense of urgency or support we would like from our partners at the moment”: Williams.
In 2013 areas in northern Alberta, Saskatchewan absorbed high enough acid deposits to damage life in rivers and lakes.
Revised output expected to be 422,500 barrels per day, down from 440,000 bpd.
Has concerns with Imperial Oil’s assumptions about its treatment technology performance will match actual results.
Production of upgraded bitumen could remain offline at its works north of Fort McMurray through July.
Will add three steam-driven well-pads that will send bitumen to its existing facilities.
Water-capping technology has been tested on site since 2012 and will be ready for a 10-year assessment in 2023.
Increase to 5.6 million bpd in the next 17 years mainly due to a rise in oil sands production to 4.2 million bpd.
Energy company is ramping up production of its Fort Hills oil sands mine, but has approved no other major growth projects in northern Alberta.