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 ...

Canada's oil patch is undergoing significant consolidation, with companies preferring to acquire existing operations rather than invest in new, expensive oil sands production. The acquisition battle ...

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 ...

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 ...