Despite lower oil prices, Canada’s oil sands production is expected to reach an annual all-time high of 3.5 million barrels per day (bpd) this year, thanks to optimization and efficiency at producing ...

As Canadian oil sands companies pour money into optimization and efficiency, S&P Global Commodity Insights has upgraded its 10-year output for a 15% increase in oil sands production by 2030. In a ...

Canadian oil sands benefit from geology, technology, and cost-cutting measures Canadian oil sands have lower break-even prices than U.S. shale producers Technological advances improve efficiency and ...

CALGARY (Reuters) -Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and Suncor become some of North America's lowest-cost oil ...