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Norways Equinor Completes Oil Sands Exit with Athabasca Sale

2021-01-20 23:45:00| OGI

Equinor, formerly called Statoil, received the Athabasca Oil shares in 2017 as part of a deal to sell its Kai Kos Dehseh oil sands project in the Canadian province of Alberta.

Tags: sale oil exit sands

 

Canadas Oil Sands Hit Record High Production

2021-01-07 11:35:00| OGI

Canada's oil sands production hit a record high in November, according to the latest regulatory data, and will likely continue to rise as producers ramp up output.

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Suncor to Operate Syncrude Oil Sands by 2021

2020-11-24 11:14:29| OGI

Suncor, as 58.74% owner of the Syncrude Joint Venture, said Nov. 23 that together with the other Syncrude joint venture ownersImperial Oil Resources Ltd., CNOOC Oil Sands Canada and Sinopec Oil Sands Partnershiphave agreed in principle for Suncor to become the operator of the Syncrude project by the end of 2021.

Tags: oil operate sands oil sands

 

Canadas Waterous Plans to Expand Osum Oil Sands Stake

2020-11-03 18:12:52| OGI

The deal is valued at C$126 million (US$95.96 million). Waterous Energy said Osum shareholders would receive cash consideration of C$2.40 per share.

Tags: plans expand oil stake

 

Trump Issues Permit for Railway Connecting Canadas Oil Sands to Alaska Ports

2020-09-30 11:10:00| OGI

U.S. President Donald Trump has issued a presidential permit for a private-sector proposal to build a railway from Canadas oil sands to ports in Alaska, a project that still faces numerous hurdles.

Tags: issues oil permit alaska

 

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