The environmental regulatory system for Canadian oil sands is similar in rigor to mining and oil operations in South Australia and Alaska, according to a new report by analyst IHS CERA. Assessing ...

Canada’s oil sands are the third largest oil deposit in the world behind Saudi Arabia and Venezuela. The largest oil sands producer in Canada, Suncor Energy (SU), has managed to dominate market share ...

Cenovus Energy said its proposed 7.9 billion Canadian dollar ($5.68 billion) buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring ...

Wildfires in northern Alberta continued to disrupt some oil sands operations as Cenovus Energy demobilized this week non-essential staff at its Sunrise project as a precaution amid heat and wildfire ...