On December 7, 2012, the Canadian Minister of Industry announced decisions under the Investment Canada Act (ICA) to allow acquisitions by two foreign state-owned enterprises (SOEs): of Nexen Inc. by China National Offshore...more
Major Existing Producing Projects -
Syncrude Canada Ltd. is the world’s largest producer of synthetic crude oil from oil sands and the largest single source producer in Canada. It supplies about 15...more
Land sale spending in Alberta surged in 2010 due to a combination of new plays, enhanced oil sands technologies and a rebound in oil prices. From April 2010 to March 2011, 365,969 hectares of Crown oil...more
Given the magnitude of projected economic activity, oil sands producers will not be the only beneficiaries of the unprecedented development now underway. Aside from the necessary infrastructure developments, a plethora of...more
The growth in extraction and production has been matched by significant investment opportunities in upgrading facilities and transportation infra-structure.
Over 80 percent of bitumen produced in...more
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