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Energy Investment
Chevron to Sell Assets for $6.5 Bln to Canadian Natural Resources
A Chevron gas station sign is shown in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo/File Photo Purchase Licensing RightsChevron …
Carbon Capture
Strathcona, Canada Growth Fund Ink $2B Carbon Capture Deal
Armed with public funding, Canada’s fifth-largest oil sands company Strathcona Resources is embracing carbon capture technology as its ticket to navigatin…
Net Zero
Pathways Alliance Advances Field Work in Key Canada CCS Project
'Significant engineering, subsurface evaluation and environmental field work has been completed'.The Pathways Alliance group of Canadian oil sands devel…
Carbon Capture
Canada Oil Sands Carbon Capture Project to Make Final Investment Decision in Mid-2025
A truck drives down a street at Syncrude's oil sands operation on May 23, 2006 near Fort McMurray, Alberta. REUTERS/Todd Korol/File Photo Acquire Licensing …
SMR
Alberta Funds Smr Deployment Study
The province has announced it is investing CAD7 million (USD5 million) in a multi-year study to explore how small modular reactors (SMRs) could be safely, techn…
Oil Price
Canadian Natural Resources Misses First-Quarter Profit Estimates on Lower Oil Prices
Pipelines at Canadian Natural Resources Ltd.'s Primrose Lake oil sands project near Cold Lake, Alta. PHOTO BY REUTERS/DAN RIEDLHUBER/FILE PHOTOCanadian Natu…
Carbon Emissions
France’s Totalenergies Plans to Spin off Canadian Oil Sands Assets
TotalEnergies said on Wednesday it is looking to spin off its Canadian oil sands operations and list the new company on the Toronto Stock Exchange, as the asset…
Carbon Emissions
Canada Oil Industry Needs $51 Billion to Decarbonize
Canada’s oil sands producers would need investments amounting to some US$51 billion (C$65 billion) to be able to reduce its emissions footprint while increas…
Oil Pipeline
Enbridge To Start New Line 3 Oil Pipeline On October 1st
The Line 3 Replacement program is expected to boost the pipeline takeaway capacity of Canada’s oil sands producers.
Crude Oil
First New Oil Sands Pipeline in Years may Start Exports to U.S. Next Month
A key pipeline linking Canada’s oil sands to U.S. markets could start shipping crude as early as next month.
Net Zero Emission
Canada’s Top Oil Sands Firms Set Up Net-Zero Emissions Alliance
The biggest oil sands producers in Canada announced on Wednesday a net-zero collaboration initiative to achieve net-zero emissions from oil sands operations by …
Hydrogen Project
Canada's Suncor and ATCO to Develop Country's Largest Hydrogen Project in Alberta
Canada's Suncor Energy will partner with utility ATCO Ltd to develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant s…
Oil Price
Canadian Oil Prices Rise On Pipeline Shutdown
The Canadian heavy oil benchmark rose on Wednesday after a pipeline carrying diluent necessary for oil sands production was shut down following a leak over the …
United States
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o…
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
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