Toronto StarImperial Oil going ahead with construction of $2.6B Aspen oilsands projectToronto StarImperial Oil logo at the company's annual meeting in Calgary, April 28, 2017. The Aspen project is expected to create about 700 jobs during peak construct …

BloombergOil Sands Upgraders May Make a Comeback Amid Pipeline CrisisBloomberg... a spokesman for MEG, said in an email. The work will take 18 to 24 months but the pace of construction depends on financing, he said. A 100,000 barrel-a-day partial upgrader …

Billions Of Barrels Of Undiscovered Oil May Lie Under Barents SeaOilPrice.comThe latest 3D seismic surveys suggest that there may be billions of barrels of undiscovered oil in the Barents Sea, according to a geology and geophysics expert in an interview wi …

CBC.caTrilogy Energy says oil emulsion spill in Alberta has covered 3 hectaresCBC.caIn an update posted to its website late Tuesday, the Calgary-based oil and gas producer says it still doesn't know the volume of the spill into marshland about 15 kilom …

The Sydney Morning Herald8@eight: Oil jump to drive ASX higherThe Sydney Morning HeraldThe local sharemarket is poised to open higher after Wall Street was boosted by a jump in the oil price. The US EIA crude oil inventories provided another 2.2 per cent g …

CBC.caCalgary energy veteran says oil downturn is over, but not everyone agreesCBC.caHere is King's case: Oil supply and demand came back into balance in the second quarter of the year and has stayed in balance even as Canadian production came back onl …

CNBCCould The Bottom Fall Out Of This Oil Rally?OilPrice.comThe oil markets will have to wait almost two more months before the uncertainty surrounding the pending OPEC deal is settled, so in the meantime a renewed focus on the fundamentals is in order. Th …

CBC.caOntario automakers faced more pain in '09 than Alberta's ongoing oil woes: fedsCBC.caOntario's auto sector absorbed a far greater economic wallop during the financial crisis than the damage low oil prices have inflicted on Alberta, says a …

CBC.caSuncor explores possibility of leaving oil in groundCBC.caThe CEO of Suncor Energy says the company is discussing with the Alberta government the possibility of leaving some of its oil in the ground. Steve Williams says the energy giant is considerin …

Financial PostThe Biggest Threat To Oil Prices Is The Dollar, Not A Supply GlutOilPrice.comThe glut of gasoline and other refined products has taken center stage for the oil markets, threatening to initiate a new bear market and push oil prices down below …