To enable production, Beacon worked with Shell Offshore to link the Zephyrus field to Shell’s existing West Boreas subsea ...

Canada's oil patch is undergoing significant consolidation, with companies preferring to acquire existing operations rather than invest in new, expensive oil sands production. The acquisition battle ...

S&P Global Commodity Insights Raises 10-year Oil Sands Production Outlook for 4th consecutive year CALGARY, AB, June 24, 2025 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year ...

Despite lower oil prices, Canada’s oil sands production is expected to reach an annual all-time high of 3.5 million barrels per day (bpd) this year, thanks to optimization and efficiency at producing ...

CALGARY, AB, Oct. 28, 2025 /PRNewswire/ -- Absolute greenhouse gas emissions from Canadian oil sands production rose by less than 1% in 2024 even as total production grew, according to a new analysis ...

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

Most of the country's oil is extra-heavy crude from the Orinoco Belt, which requires more energy to extract, transport and refine than lighter grades. The crude is also sour, meaning it contains high ...

Q4 update: higher oil & gas production but weaker oil trading as crude prices fall. See key guidance on upstream, chemicals & ...

CALGARY, AB, June 24, 2025 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year production outlook for the Canadian oil sands. The latest forecast expects oil sands production to reach ...