Suncor Energy predicts 6% production growth in 2024 and expects stronger refinery utilization. OPEC+ cuts, potential US demand increases, and Trans Mountain Pipeline capacity present opportunities for ...
The company's total oil sands bitumen production increased in the quarter to 787 thousand barrels per day (Mbpd) from the prior-year quarter figure of 764.1 Mbpd. Image by JHVEPhoto via iStock Suncor ...
Third quarter 2025 AFF increased to $368 million from $362 million in Q3 2024, as lower blend sales volumes and prices were more than offset by reduced diluent expense and royalties. On a diluted per ...
In Q3 2025, Canadian Natural Resources reported record quarterly production of 1.6 million barrels of oil equivalent per day, boosted by a swap with Shell Canada that added 31,000 barrels per day of ...
Bitumen Market is expected to reach USD 154.26 Bn by 2032. The primary growth drivers include increasing infrastructure development globally, with the construction and road sectors being the key ...
Suncor Energy Inc. reported increasing its annual upstream production to a range of 810,000 to 840,000 barrels per day (bpd). The Calgary, Alberta-based also boosted annual refining utilization of 93 ...
Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and ...
Athabasca Oil Corp. (AOC), Calgary, said bitumen production from its Hangingstone 1 steam-assisted gravity drainage oil sands project in Alberta has reached 8,000 b/d and is on track to reach design ...