Sentences with phrase «oilsands producers in»

Not exact matches

But unlike Calgary - based rival Cenovus Energy Inc., which temporarily throttled back oilsands output in the first quarter because of low prices, Husky says it is cutting output because it can make more money by buying «distressed» barrels from other producers.

In Fort McMurray, oilsands producers like Suncor must wrestle with restarting operations while supporting their workers and communities.

Though oilsands producers got through this disaster mostly unscathed, their future competitiveness depends in no small measure on Fort McMurray getting back on its feet.

Back then, investment in the oilsands was nearing its peak, and oil producers had a huge human resources headache.

Cenovus Energy Inc., the largest in situ (underground) oilsands producer, now says it can beat it.

Stocks that show up well by that measure include oilsands giant Canadian Natural Resources (TSX: CNQ), and Parex Resources (TSX: PXT), a Calgary - based producer operating in Colombia.

Many North American producers have already spent 75 % to 90 % of the per - barrel cost of a project before recovering their first barrel, and in the case of the oilsands, it might have taken 10 years.

Brian Ferguson, CEO of oilsands producer Cenovus Energy (TSX: CVE), said in an interview his company isn't following Suncor's lead in seeking to strand any of its oilsands resource.

It doesn't take much tweaking for them to handle bitumen from the oilsands, making it unnecessary for oil producers to build multi-billion-dollar upgraders in Canada.

With oilsands production expected to keep growing, crude - by - rail shipments could peak as high as 590,000 barrels a day in 2019 if producers don't resort to crude storage in peak months, the IEA said.

The offering is being made through a syndicate of underwriters led by RBC Capital Markets and TD Securities Inc., the oilsands producer said in a statement Tuesday after markets closed.

We sourced the oilsands direct jobs figure from The Decade Ahead: Labour Market Outlook to 2022 for Canada's Oil and Gas Industry, a 2013 Petroleum Human Resources Council report that was funded in part by the Government of Canada and The Canadian Association of Petroleum Producers.

Husky Energy Inc. on Thursday became the second big oilsands producer to say that it throttled back first - quarter production in response to steeper discounts for Canadian crude.

Alberta's 19 coal plants produce as much greenhouse gas as the major oilsands producers, though the oilsands are often targeted in the province's battle to reduce its share of carbon emissions.

Oilsands producers are likely to face a pipeline shortage in coming years, even amid growing optimism that a major pipeline could soon receive federal approval and ease industry's pipeline constraints.

The EPA also suggested that the State Department revisit its conclusion that the Keystone XL would not impact climate change because, in the absence of Keystone, oilsands producers would use rail to get their oil to market.