Cenovus CEO Jon McKenzie warned Canada risks losing oil investment after posting an 83% profit jump in Q1 2026, citing carbon ...

Oil sands projects have long been characterized by high capital requirements and production costs. Even though production costs have drastically decreased over the past two years, most expansion ...

CALGARY (Reuters) -Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and Suncor become some of North America's lowest-cost oil ...

As Canadian oil sands companies pour money into optimization and efficiency, S&P Global Commodity Insights has upgraded its 10-year output for a 15% increase in oil sands production by 2030. In a ...

Canadian oil sands benefit from geology, technology, and cost-cutting measures Canadian oil sands have lower break-even prices than U.S. shale producers Technological advances improve efficiency and ...