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 ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a ...

Suncor Energy (NYSE:SU) +5.4% in Wednesday's trading after comfortably beating Q2 adjusted earnings estimates, helped by higher oil prices and more oil sands production, and saying it could top its FY ...

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 ...

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 ...

Imperial Oil Ltd. has reported 427,000 gross barrels of oil equivalent per day (boed) in average production for April-June, the company’s highest second-quarter output in over 30 years with Kearl ...

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 ...