07 November

The Terra Nova project, located about 350 km off Newfoundland and Labrador. CALGARY – Nalcor Energy executives will discover Wednesday whether millions of dollars in seismic exploration work and trips to the world’s oil capitals were enough to attract lucrative bids from global oil and gas majors. For the first time in two years, the […]

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07 November

Imperial Oil’s Kearl oilsands plant, about 75 kilometres northeast of Fort McMurray. Imperial Oil Ltd said on Tuesday that it would go ahead with the construction of its $2.6 billion Aspen project in northern Alberta, the first new oilsand development to be greenlighted since 2013. The Calgary, Alberta-based company, which is majority owned by Exxon […]

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07 November

(Reuters) – Imperial Oil Ltd said on Tuesday that it would go ahead with the construction of its C$2.6 billion ($2 billion) Aspen project in northern Alberta, the first new oil sand development to be greenlighted since 2013. The Calgary, Alberta-based company, which is majority owned by Exxon Mobil, said it would start construction on […]

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06 November

CALGARY, Nov. 6, 2018 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced its third quarter 2018 financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera’s website at www.keyera.com , or, to view the MD&A and financial statements, visit either Keyera’s website or […]

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06 November

Carrizo Oil & Gas (NASDAQ:CRZO) released its quarterly earnings data on Monday. The oil and gas producer reported $0.94 EPS for the quarter, beating the consensus estimate of $0.79 by $0.15, Briefing.com reports. The company had revenue of $303.40 million during the quarter, compared to the consensus estimate of $265.34 million. Carrizo Oil & Gas […]

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06 November

This article is part of the Fall 2018 edition of the Journal of the Canadian Heavy Oil Association. The “four-headed monster,” as described by an industry executive, is still very much a threat. Canada’s heavy oil and oilsands industry continues to face significant headwinds as we approach 2019. We’ve crossed the tipping point on pipelines, […]

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06 November

Image: Joey Podlubny/JWN This article is part of the Fall 2018 edition of the Journal of the Canadian Heavy Oil Association. The waterflooding of heavy oil reservoirs in the Western Canada Sedimentary Basin (WCSB) is challenged by adverse mobility ratios from high oil viscosities. Modification of injected water flow vectors via downspacing and/or the implementation […]

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06 November

Image: Joey Podlubny/JWN This article is part of the Fall 2018 edition of the Journal of the Canadian Heavy Oil Association. CHOA event speaker: Murray Gray, Senior Technical Advisor, Bitumen Partial Upgrading, Alberta Innovates Dr. Murray Gray has over 30 years of research experience in upgrading of heavy oil and oilsands bitumen. During his career […]

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06 November

This article is part of the Fall 2018 edition of the Journal of the Canadian Heavy Oil Association. Suncor pioneered oilsands development. Our early investments in technology helped unlock the potential of the oilsands, by improving reliability and performance, expanding productivity and driving down costs while reducing our environmental footprint. Today, new technologies and innovative […]

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06 November

Image: Deborah Jaremko/JWN This article is part of the Fall 2018 edition of the Journal of the Canadian Heavy Oil Association. Part I of this article was published in the spring 2018 edition of the Journal of the Canadian Heavy Oil Association and provided an overview of flow control device (FCD) technology, rationale, key performance […]

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