TSX:SHC Canada Oil Sands

• Shell Canada Oilsands Blueprint Aims for 700,000 bbl/day

  By Judy Monchuk  |  January 24, 2007

  Amidst a takeover by its parent company, Shell Canada says its long-term vision for Alberta oilsands development includes plans to increase bitumen production to 770,000 barrels a day and refining capacity to about 700,000 barrels.

• Western Oil Sands Major Shareholder Pushes for Sale of Company

  By The Canadian Press  |  September 22, 2006

  A major shareholder has sent a letter to Western Oil Sands urging it to consider a sale, addressing concerns about the rising costs of Athabasca Oil Sands and the company's decision to invest $45 million in oil and natural gas in Iraq.

• Suncor Continues Growth Despite Cost Pressures

  By James Stevenson  |  August 3, 2006

  After posting significant second-quarter profits, Suncor Energy announced its plans to become the "developer of choice" in the oilsands.

• Shell Canada Estimates Oilsands Reserves at Over 25 Billion Barrels

  By James Stevenson  |  July 26, 2006

  Shell Canada has raised its estimate of so-called in-situ Alberta oilsands resources to more than 25 billion barrels, with plans to move operations eastward.

• Shell Canada Profits Drop on Oilsands Operational Costs

  By James Stevenson  |  July 25, 2006

  Higher maintenance costs and lower production from its oilsands operations conspired to pull down Shell Canada's second quarter profits by more than 10% to $475 million.

• Western Oil Sands Forecasts Holding Steady on Oil Production

  By Judy Monchuk  |  May 11, 2006

  CEO David Dyck is projecting Western's annual output at between 29,000 and 30,000 barrels of oil equivalent a day - just slightly slower than the 2005 figures.

• Canadian Natural Resources Says Oilsands Mega-Project Ahead of Schedule

  By James Stevenson  |  February 23, 2006

  Although annual profits dropped by 25% to C$1.05 billion in 2005, Canadian Natural Resources says its C$10.8-billion Horizon oilsands project is ahead of schedule.

• Oilpatch Trusts Hope Foreign Ownership Restrictions Will Ease

  By James Stevenson  |  January 29, 2006

  Citing the need to access deeper capital pools than Canada can provide, large trusts like Canadian Oil Sands say restrictions that bar non-Canadians from owning more than 49% of a trust's units must be relaxed.

• Shell Canada Reports Record Profit in Canadian Oilpatch

  By James Stevenson  |  January 25, 2006

  Shell Canada started things off today in what many expect to be a very lucrative earnings season in the Canadian oilpatch, reporting record annual profits of C$2.01 billion, up more than 56% over 2004.

• Athabasca Oilsands Expansion Project Costs Nearly Double Estimates

  By James Stevenson  |  August 9, 2005

  Shell Canada has hit another snag at its Athabasca oilsands project as expansion costs are set to increase by more than 80% primarily due to engineering costs and a labour shortage.