Oilsands & Heavy Oil
Just how big is the biggest-ever slump in world oil demand?
Friday, April 17, 2020, 7:03 AM MDT
How low can you go? That seems to be the question bothering the world’s big-three oil forecasting agencies as they…
Athabasca Oil to shut down Hangingstone SAGD oilsands project and cut staff
Monday, April 6, 2020, 6:57 AM MDT
Athabasca Oil Corp. is suspending operations at its Hangingstone SAGD oilsands operation due to the drop in oil prices and…
Massive new mine could be oilsands’ first big price war victim
Thursday, April 2, 2020, 6:41 AM MDT
The last major oilsands mine to start operating in northern Alberta could be Canada’s first big casualty of the Saudi-Russian…
Cenovus Energy suspends dividend, cuts capital spending plan, salaries
Thursday, April 2, 2020, 6 AM MDT
Cenovus Energy Inc. is temporarily suspending its dividend and cutting its capital spending plan by an additional $150 million on…
Oil price crash expected to hit thermal oilsands production in Western Canada
Monday, March 30, 2020, 6:52 AM MDT
Record low prices for oilsands crude could result in up to 20 per cent of Canada's thermal bitumen production being…
Fort McMurray mayor says ‘time to act decisively’ on keeping COVID-19 away
Thursday, March 26, 2020, 6:26 AM MDT
The mayor of Fort McMurray says the northeastern Alberta city and surrounding communities are especially vulnerable to COVID-19 because tens…
'We did it right:' COVID 19 scare at oilsands work camp tests businesses' plans
Wednesday, March 25, 2020, 1:34 PM MDT
A COVID-19 scare at an oilsands staff lodge north of Fort McMurray last week tested the pandemic preparedness of one…
In rare step, oilsands giant Suncor shuts output to weather rout
Wednesday, March 25, 2020, 6:29 AM MDT
Record low prices for heavy Canadian crude have prompted one of the biggest operators in the oilsands to take the…
Sick worker at oilsands lodge north of Fort McMurray tests negative for COVID-19
Wednesday, March 25, 2020, 6:05 AM MDT
The operator of a work lodge north of Fort McMurray says a guest who fell ill last week does not…
Suncor cuts capital spending by 26 per cent amid price rout
Tuesday, March 24, 2020, 6:41 AM MDT
Canada's largest oil and gas company said it would cut its capital program this year by 26 per cent as…
Fort McMurray worker camp sends guest to hospital with suspected COVID 19
Monday, March 23, 2020, 6:45 AM MDT
The operator of one of the many worker lodges in the Fort McMurray area of northern Alberta confirms that a…
Oilsands workers brace for ‘hellish’ outbreak in remote camps
Monday, March 23, 2020, 6:39 AM MDT
As if the market crash threatening their jobs wasn’t stressful enough, workers in Canada’s oilsands are bracing for the coronavirus…
