By Amanda Stephenson March 31 (Reuters) - Canada's Suncor Energy said on Tuesday the majority of its bitumen output by 2040 ...

UTS added its Frontier Project to its contingent bitumen resource status following the results of an independent review of bitumen resources for its three major oil sands projects. UTS added its ...

Canada’s oil sands industry reduced its emissions per barrel for the sixth straight year in 2023, even as one growing portion of the sector moved in the opposite direction, according to new Alberta ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a ...

CALGARY, Alberta (Reuters) - Pilot projects in an as-yet undeveloped oilfield could remake Canada's energy map, if producers can successfully wrest a sludgy, tarry substance called bitumen from porous ...

Suncor has shut down an oil sands project in Alberta amid wildfires, the province’s Minister of Forestry and Parks said, as quoted by Reuters. The Firebag project has a capacity of 215,000 barrels of ...

Wildfires in northern Alberta continued to disrupt some oil sands operations as Cenovus Energy demobilized this week non-essential staff at its Sunrise project as a precaution amid heat and wildfire ...

Canadian heavy oil, known as Western Canadian Select, sells at a discount to WTI. For March, West Texas Intermediate oil prices should range between $70 and $90 per barrel. Integrated producers ...

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The world may be getting greener, but oil demand continues to grow, and even after the COVID-19 slowdown, demand is back to the pre-COVID trend “even amid muted expectations for global economic growth ...

Canada’s Suncor Energy confirmed on Wednesday that an uncontrolled steam leak occurred from a well at its Firebag oil sands ...

Nuclear power will one day be employed to extract oil from Canada's oil sands, according to the country's natural resources minister, Gary Lunn. Nuclear power will one day be employed to extract oil ...