Bitumen

Canadian Oilsands Player Meg Energy Back in Black on Stronger Prices, Gulf Coast Exports

Canadian Oilsands Player Meg Energy Back in Black on Stronger Prices, Gulf Coast Exports

Increased production, improved prices and strong exports to the United States turned Canadian oilsands specialist Meg Energy Corp. profitable in the first half of 2021, reversing deep losses inflicted a year ago by the Covid-19 pandemic. The Calgary firm’s bitumen production in northeastern Alberta grew to a first-half 2021 average of 91,326 b/d from 83,622…

July 26, 2021

Robust Natural Gas Growth Seen Likely for Canadian Oilsands Plants

Natural gas use by thermal oilsands plants could grow almost as fast as their bitumen production over the next 10 years, the Alberta Energy Regulator (AER) predicted.

June 13, 2019

Upgrading Raw Bitumen Would Open Space on Canadian Export Lines, NEB Says

Oil shippers would open space in plugged Canadian export pipelines, currently running at 98% capcity, by improving the quality of their product, the National Energy Board (NEB) said.

March 19, 2019

Canadian NGL Production Forecast to Surge in Coming Years

Liquid byproducts stand out as a growth item in an otherwise flat outlook for Canadian natural gas, according to two new industry reviews.

November 13, 2018

Persistent Price Headwinds Forecasted for Canadian NatGas Producers

Even the old mainstay growth customer, Alberta thermal oilsands projects, will let down Canadian natural gas producers, says a fall crop of industry and government forecasts that lean prices will continue to prevail.

December 13, 2017
NatGas Chosen for Power Projects to Meet Alberta Emissions Policy

NatGas Chosen for Power Projects to Meet Alberta Emissions Policy

Natural gas has emerged as the winner in two power projects launched to comply with an Alberta government environmental policyrequiring replacement of coal-fired generating stations with cleaner alternatives.

December 7, 2017

In-Situ Bitumen To Remain Canada’s Top Industrial NatGas Burner, Says CAPP

The biggest Canadian source of new oil supplies will continue to be the nation’s top industrial natural gas burner, predicted the Canadian Association of Petroleum Producers (CAPP).

June 16, 2017
Canadian Oilsands Gas Demand Projected to Be Robust

Canadian Oilsands Gas Demand Projected to Be Robust

Canada’s biggest natural gas consumer — Alberta thermal oilsands production — will grow by 54% over the next 15 years, according to an industry survey.

June 24, 2016

Alberta Readies to Bring Oil Production Back Online in ‘The Beast’s’ Wake

Preparations began Sunday to resume nearly one million b/d of production shut down when a forest fire nicknamed “The Beast” forced evacuation of all 85,000 residents of the northeastern Alberta oil sands capital, Fort McMurray.

May 9, 2016

Alberta Readies to Bring Oil Production Back Online in ‘The Beast’s’ Wake

Preparations began Sunday to resume nearly one million b/d of production shut down when a forest fire nicknamed “The Beast” forced evacuation of all 85,000 residents of the northeastern Alberta oil sands capital, Fort McMurray.

May 9, 2016
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