Once considered among the world's highest-cost oil resources, Canada's oil sands have become one of North America's most competitive oil plays. A number of projects are now breaking even at below $40 ...
The first new oil sands project in Alberta since 2014 has started commercial production, aiming for a daily average of 80,000 barrels once it ramps up. The Blackrod project, led by International ...
International Petroleum Corp.’s Blackrod project has begun commercial production, becoming Alberta’s first new oil sands project since 2014. Canadian producers have significantly lowered emissions and ...