Calgary's hometown heroes
Grim headlines obscure the progress ahead in 2018 for the oil sands, unconventionals and LNG
Gone are the frenzied days when multi-billion-dollar oil sands projects were sanctioned on a regular basis. These days, project cancellations and supermajor exits from Canada have been grabbing the headlines. But if you look beyond the adverse news, there's an exciting renaissance happening in the Canadian oil and gas business. Here are some developments to watch in the upcoming year. Supermajor exits create new opportunities. Over the course of the past year Shell, ConocoPhillips, Marathon and Apache all sold major Canadian assets. Despite this seemingly negative news, it's not the first time that supermajors have exited the Canadian oil patch en masse. In the 1990s, during a similar perio
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready
