A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as US President Donald Trump’s ...

CALGARY, Alberta—Canadian Oil Sands Ltd. said Thursday it would further slash its dividend and capital spending budget in response to the sharp drop in oil prices and a rising debt load.

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.

Land prices in Alberta’s oil sands are down 18% from last year to C$771 per hectare, or $561, Bloomberg reported this week.

He is based in Portland, Oregon. Oil from Canada’s oil sands is now selling at a $27-per-barrel discount relative to WTI, the sharpest difference in more than four years. Western Canada Select ...

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 ...

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 ...

May 9 (Reuters) - Canada's oil sands will produce 3.8 million barrels per day (bpd) by 2030, a 15% increase from current levels, as companies focus on investing in optimizing existing projects and ...

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 ...

In the spring of 2008, an estimated 1,600 migratory ducks landed in the wrong place: a pond of toxic sludge in Fort McMurray, Alberta, in the heart of Canada’s oil sands. The birds, slick with ...

Jan 4 (Reuters) - Canada's largest oil sands producers signed an agreement with the Alberta government allowing them to assess the geology of an underground carbon storage site, a step in their ...