With WTI hovering near US$40/bbl, widespread pessimism is taking root with a growing number of voices associating this downturn with the sickly era circa 1986.
Quick Hit Oilsands Analysis
WestFab Industries president and CEO Mike Price on how to use them
Oilsands producers are used to intense scrutiny on environmental issues, but they may find the spotlight especially bright in the coming months. Nations from around the globe will be gathering in Paris at year-end to attempt to hammer out a climate change agreement, and any discussion of Canada’s carbon footprint inevitability will turn to the oilsands.
On Time, On Budget
How 8 megaprojects bucked the trend
After years of sporadic and often disappointing project delivery performance, a number of oilsands producers are executing on time and on budget by sharpening their own engineering, procurement and construction (EPC) tools.
Suppliers Under the Squeeze
What happens to “industry collaboration” when producers demand service cost cuts?
From the very start, international operators have helped to build the Heartland, and global investment remains key to the region’s future
The international reputation of Alberta’s Industrial Heartland has been well established for nearly half a century. Indeed, the region even caught the eye of Soviet Union Premier Alexei Kosygin, who made time during an eight-day tour of Canada for a 30-kilometre detour into Fort Saskatchewan from Edmonton in October 1971.