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By Dina O'meara |
March 19, 2007
Analysts say Royal Dutch Shell's C$8.7-billion privatization of Shell Canada could signal a change in bitumen flow out of Alberta, but not a change in business strategy for the oil sands giant.
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By James Stevenson |
February 9, 2007
The oilsands producer says it will explore and pursue alternatives to "realize the full value of our assets and future growth potential."
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By Bob Weber |
December 28, 2006
By any measure, 2006 was an extraordinary year for Alberta's energy industry. But some say oilsands development has become a speeding car with a gas pedal and no brakes.
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By The Canadian Press |
November 24, 2006
Shell Canada plans to raise its spending almost 50% to C$4 billion in 2007, including C$2.45 billion on oilsands projects, following Western Oil Sands' lead.
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By Judy Monchuk |
November 1, 2006
The company announced a significant jump in third quarter profits, from C$652 in 2005 to C$822 in 2006.
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By Judy Monchuk |
November 1, 2006
Despite rising costs that have pushed the project's price tag to C$12.8 billion, Shell and its partners have agreed to proceed with a planned expansion of their Athabasca Oil Sands Project in northern Alberta.
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By The Canadian Press |
October 25, 2006
Canadian big oil posted mixed results with EnCana's third quarter results soaring five-fold to take the cake. Canadian Oilsands and Nexen profits were down while Shell Canada posted a modest gain.
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By James Stevenson |
September 6, 2006
While Ecana prepares to announce a partnership deal with refiners to handle its rapidly expanding oilsands production, the company is keen on having its own heavy oil upgrader in Western Canada.
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By James Stevenson |
August 23, 2006
With the price of oil showing no signs of departing from near-record highs, nearly every major Canadian energy company is going flat out to complete expensive long-term new operations, acquisitions and strategic partnerships.
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By James Stevenson |
August 15, 2006
Following Penn West's nearly four-fold increase in second-quarter profits to C$220 million, CEO Bill Andrew told analysts Tuesday that "it's very possible" that an upgrader will be built near its Seal heavy oil properties.