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By The Canadian Press |
July 31, 2007
Western CEO Jim Houck says the combination with Houston-headquartered Marathon "creates a very attractive business model to deliver future shareholder value."
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By Jim Macdonald |
July 26, 2007
As financial reporting season for the second quarter commences, the government is not about to start telling the energy industry to delay billions of dollars worth of upgrader projects in northern Alberta.
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By Dina O'meara |
June 15, 2007
European integrated oil company Total may be contemplating a bid for Western Oil Sands, which owns 20% of the Athabasca Oil Sands Project in northern Alberta.
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By Dina O'meara |
June 12, 2007
Western Oil Sands keeps mum about its prospects as a takeover target after announcing it was seeking strategic alternatives in February.
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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 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
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 James Stevenson |
July 28, 2006
The planned proposal to expand Shell's Athabasca oilsands project could cost as much as C$12.8 billion, 75% more than originally estimated.
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By James Stevenson |
July 27, 2006
Shell Canada appears to be drifting apart from its partners as the energy giant pursues its own upgrading and refining solutions.
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By James Stevenson |
July 17, 2006
U.S. Secretary of Energy Samuel Bodman says exponential production growth from the Canadian oilsands would have a "profound effect" on energy use in the United States.
