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The company's total oil sands bitumen production increased in the quarter to 787 thousand barrels per day (Mbpd) from the prior-year quarter figure of 764.1 Mbpd. Image by JHVEPhoto via iStock Suncor ...

Suncor Energy predicts 6% production growth in 2024 and expects stronger refinery utilization. OPEC+ cuts, potential US demand increases, and Trans Mountain Pipeline capacity present opportunities for ...

Suncor Energy Inc. reported increasing its annual upstream production to a range of 810,000 to 840,000 barrels per day (bpd). The Calgary, Alberta-based also boosted annual refining utilization of 93 ...

Bitumen Market is expected to reach USD 154.26 Bn by 2032. The primary growth drivers include increasing infrastructure development globally, with the construction and road sectors being the key ...

Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and ...

Many asphalt contractors don’t see bitumen as anything more than the sticky binder that keeps their aggregates together. However, companies are finding new ways to stretch the use of this relatively ...

Third quarter 2025 AFF increased to $368 million from $362 million in Q3 2024, as lower blend sales volumes and prices were more than offset by reduced diluent expense and royalties. On a diluted per ...

(MENAFN- Live Mint) New Delhi: After oil and fertilizer, a new commodity is feeling the heat of the West Asia conflict: bitumen. With India's plan to build nearly 10,000 km of highways in FY27 under ...

HOUSTON, Nov. 13-- ConocoPhillips approved the $1.1 billion Surmont oil sands project 60 km southeast of Fort McMurray, Alta., and plans to start construction in early 2004. Initial bitumen production ...

Athabasca Oil Corp. (AOC), Calgary, said bitumen production from its Hangingstone 1 steam-assisted gravity drainage oil sands project in Alberta has reached 8,000 b/d and is on track to reach design ...