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On Wednesday, The Wall Street Journal reported that, thanks to the plunge, plus complicating factors, the price of the Canadian oil sands specifically has fallen to a remarkable $24 a barrel.
A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as US President Donald Trump’s ...
Increasingly, those assets are made up of Canadian tar sands oil, among the world’s most ... whether Exxon is adequately accounting for the plunge in petroleum prices and the prospect that ...
Land prices in Alberta’s oil sands are down 18% from last year to C$771 per hectare, or $561, Bloomberg reported this week.
The 40 per cent plunge in the price of oil over the past ... Most at risk are those in the Canadian oil sands which has a break-even price of $80 a barrel, US shale plays and other areas of ...
A group of major oil-sands producers will submit applications for a CAD$16.5 billion ($12.2 billion) carbon-capture project to the Alberta energy regulator this week with an aim of making a final ...
2:16 Stock markets plunge on coronavirus fears and oil price ... “What is good for Canada is that the oil sands have a very steady production,” Santos said. Oil-price drops are more likely ...
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