Oil Sands Newswire

Cenovus Just Paid $5.7 Billion for Oil Sands Growth: Should Your TFSA Follow?

A company can buy decades of production in one afternoon. Yet your retirement account still needs to decide whether the price makes sense. Those are different decisions, especially when a large acquisition arrives while energy investors are feeling …

Why Is Suncor Energy (TSX:SU) Exiting Offshore Assets to Refocus on the Oil Sands?

Highlights Suncor agreed to divest several non-core offshore interests off Newfoundland and Labrador. The company stepped up the pace of its monthly share cancellation program. Suncor kept its interests in other East Coast offshore fields. Canada's oil …

Ottawa wants to expand the oilsands, but the industry's wastewater problem will grow with it

The recent decision by Prime Minister Mark Carney to fast-track a new oil export pipeline to the West Coast is adding urgency for Ottawa to finally decide what to do with a long-standing environmental issue plaguing the oilsands in Northern Alberta — what …

Cenovus Energy Plans to Buy Athabasca Oil for $5.7 Billion: Is the Stock a Steal Before the Deal?

Athabasca Oil (TSX: ATH) has spent years sitting on one of Alberta’s largest oil sands resources. Valued at a market cap of $5.9 billion, ATH stock has returned more than 800% to shareholders over the last five years. Last week, Cenovus Energy (TSX: CVE) …

“Kikuyu Land” and “First Descent” Lead Indigenous Awards at Bend Film Festival

The 23rd Bend Film Festival wrapped up Sunday, Oct. 11, after five days of screenings in Bend, Oregon. The festival announced this year’s winners Saturday, Oct. 10, at a dinner at Greg’s Grill, and its two Indigenous winners were films about land and water …

Fort McMurray non-profit launches long-term studies of bird populations in oilsands region

Play Listen to this article Estimated 5 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Standing near a network of …

Cenovus acquisition of Athabasca Oil Corporation deepens large-cap concentration in Canadian oil sands

Addressing Cenovus Energy’s acquisition of Athabasca Oil Corporation for Cdn$5.7 billion (~US$4 billion), Mark Oberstoetter, head of Americas upstream research for Wood Mackenzie said, “This most recent acquisition marks the latest step in a decade-long …

Slog AM: The Stranger has a New Editor-in-Chief, Voters Pick Hitler Mussolini, and There’s Still One Federal Cop Willing ...

The Stranger has a new editor-in-chief: It’s Eli Sanders, who you might recognize from winning the Pulitzer Prize for The Stranger a while back. More on that news here.  As one wall falls, another rises: Yesterday was Indigenous People’s Day in Washington …

S&P Predicts Canadian Oil Sands Production To Set Record

Canadian oil sands production is expected to average a record 3.5 million B/D in 2026, a 100,000 B/D (3%) increase from the previous year, according to the latest S&P Global Energy 10-year production outlook. Production is expected to reach 3.9 …

Energy sector must plan ahead to avoid cost overruns that marked last oil sands boom, RBC says

Open this photo in gallery:A pipe yard servicing government-owned oil pipeline operator Trans Mountain in Kamloops in 2021. A report from RBC says that by 2040, an expanded oil and gas industry could add $44-billion more a year to Canada’s GDP.JENNIFER …

Cenovus to build oil sands business via Athabasca acquisition

“These are long-life assets located in an area where Cenovus already has a deep operating experience and strong understanding of the resource,” McKenzie said on a conference call with analysts. “They also represent one of the only remaining large-scale …

Cenovus Expands Oil Sands Output With Athabasca Acquisition

Canadian oil sands operator Cenovus Energy said it has agreed to acquire Athabasca Oil in a deal that will modestly boost its output in the short term while expanding its portfolio of future development opportunities.

Cenovus To Buy Athabasca in $5.7 Billion Oil Sands Expansion

Cenovus Energy announced that it has agreed to acquire Athabasca Oil Corporation in a cash-and-stock deal valued at $5.7 billion. Calgary-based Cenovus said the transaction will add about 40,000 B/D of oil sands production, including steam-assisted …

Cenovus bulks up on oil sands with $5.7-billion Athabasca buy

Open this photo in gallery:The Cenovus Energy Christina Lake oilsands facility southeast of Fort McMurray, Alta., in 2024. The company announced Monday it is buying rival Athabasca Oil.AMBER BRACKEN/The Canadian Press Cenovus Energy Inc. CVE-T will …

Insights: US shale maturity and the future of North American supply

North America's oil supply outlook is entering a new phase, according to Enverus' latest long-term analysis. In this Insights episode of the Oil & Gas Journal ReEnterprised podcast, Mikaila Adams, content strategist and managing editor, speaks …

Canada’s Cenovus strikes US$4 billion Athabasca deal to expand oil sands assets

Dehcho grand chief says heritage designation could help them better protect the Mackenzie River

Play Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. For Dehcho Grand Chief Herb …

Cenovus expands oilsands footprint with $5.7B Athabasca Oil deal

v CALGARY — Just days after the announcement of the Pacific Link Pipeline, Cenovus Energy says it has reached a $5.7-billion deal to acquire Athabasca Oil Corporation, adding significant oilsands production and long-life reserves to its portfolio. Cenovus …

Suncor sharpens oilsands focus with $1.2B offshore asset sale

Suncor Energy Centre CALGARY — Suncor Energy is selling its stakes in three Newfoundland and Labrador offshore oil projects to U.K.-based Ithaca Energy for $1.2 billion in upfront cash as the company sharpens its focus on long-life oilsands assets. The …

New Report Highlights the Need to Unlock Private Investment to Accelerate the E-Bus Transition

A new ITDP report shows that governments can use private capital to finance electric public transport through new business models, financing, and policy tools. NEW YORK, NY, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- The transition to …

Commercial LED Lights Highlights Licensed Engineering Expertise in Explosion Proof Lighting

Licensed PE Peter Kohlert explains explosion proof lighting classifications, certifications, fixture selection, and real-world hazardous-location applications. FARMINGTON, MI, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Professional …

The Extrinsic Semiconductor Market is projected to grow to $105.6 billion by 2030, fueled by increasing industry demand.

The Business Research Company’s Extrinsic Semiconductor Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, October 14, 2026 /⁨EINPresswire.com⁩/ -- The extrinsic semiconductor market has been …

Entrex Announces Correction to August 26, 2026 Announcing Matthew Henderson to Board

LIGHTHOUSE POINT, FL, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Entrex (OTC:NTRX) today issued the following correction to its press release issued on August 26, 2026. Corrected statement: Regarding Nicholas S. Tabraue Entrex ( …

25th Dubai Airport Show Concludes on Overwhelming Response from Aviation Industry

Emphasis on advance solutions in airport development, digital transformation, aviation security and sustainability DUBAI, DUBAI, UNITED ARAB EMIRATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- • Exhibitors reported strong business momentum • More …

Rainmaker Worldwide Advances SmartCell™ for Industrial Wastewater Treatment Applications

Successful Canadian wastewater treatment pilot supports expansion of SmartCell™ into industrial applications and distribution opportunities through Rainmaker Rainmaker Worldwide Inc. (OTCMKTS:RAKR) LAS VEGAS, NV, UNITED STATES, October 14, 2026 /⁨ …

SynMax Honored by Goldman Sachs for Entrepreneurship

Eric Anderson, CEO and Founder of SynMax, Among the Most Exceptional Entrepreneurs at 2026 Builders and Innovators Summit HOUSTON, TX, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Today, Goldman Sachs (NYSE:GS) is recognizing SynMax CEO …

Invasive Species Corporation Unveils Zequanox® 2.0, Opens Field Demonstrations Against Zebra, Quagga and Golden Mussels

Two new formulations make proven biological mussel control easier to use and more cost effective DAVIS, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Invasive Species Corporation (ISC) today announces Zequanox 2.0, next generation …

Dubai Leads the World in Airport Technology Adoption

Artificial Intelligence, Biometrics and Digital Twins Take Centre Stage at Airport Show 2026 DUBAI, DUBAI, UNITED ARAB EMIRATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Exhibitors and speakers at the 25th edition of Airport Show, which concluded …

Five Reputable Electric Water Pump Manufacturers in China 2026: Delivering Efficient Fluid Transfer Solutions

A 2026 guide to leading Chinese electric water pump manufacturers, comparing product ranges, efficiency, reliability and industrial applications. CALIFORNIA, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Zhejiang Qiantao Pumps Co., …

Five Reputable LED Warning Light Manufacturers in China 2026: Advancing Safety Signaling

Examining Product Design, Manufacturing Capabilities, and Safety Applications CALIFORNIA, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- China, October 14, 2026 — China's vehicle warning light industry serves a wide range of …

Guardian of Innovation: HONTA Fortifies Multiwire Drawing Machine Brand Advantage with IP & Global Compliance

Strengthening Long-Term Competitiveness of Multiwire Drawing Machine Brands Through Independent IP CALIFORNIA, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- KUNSHAN, China, October 14, 2026 — HONTA (Kunshan Hongtai Mechanical and …

Five Reputable Battery Management System Manufacturers in China 2026: Advancing EV Safety and Energy Efficiency

A closer look at five companies supporting battery safety, reliability, and energy efficiency across China’s EV and energy storage supply chains. CALIFORNIA, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- HEFEI, China, Oct. 14, 2026 — China…

FLEET220 joins the Smart Freight Centre community to accelerate zero-emission road freight in Europe

FLEET220 becomes an SFC Member, connecting its services with the international non-profit that guides the logistics sector toward zero emissions by 2050 MILANO, LOMBARDIA, ITALY, October 14, 2026 /⁨EINPresswire.com⁩/ -- FLEET220 joins the Smart …

Five Reputable Hydraulic and Electric Rescue Tool Manufacturers in China 2026: Advancing Rescue Technology

Examining Product Design, Manufacturing Capabilities, and Rescue Applications CALIFORNIA, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- China, October 14, 2026 — China's hydraulic and electric rescue tool industry continues to …

Top Geogrid Manufacturer Shandong Dageng Strengthens Its Geosynthetic Solutions

TAIAN, SHANDONG, CHINA, October 14, 2026 /⁨EINPresswire.com⁩/ -- Shandong Dageng Project Material Co., Ltd. is a manufacturer of geosynthetic and civil engineering materials serving infrastructure projects that require soil reinforcement, drainage, …

Biofuels Prove Value for Canada’s Energy Security and Affordability as Use Grows, Emission Reductions Hit a Record High

Navius Research says clean fuel use rose 6% in 2025, avoiding a record 14.2 Mt of emissions; policy changes can lift domestic share above one-third nationally. VANCOUVER, BC, CANADA, October 14, 2026 /⁨EINPresswire.com⁩/ -- Biofuel use in Canada …

Ten Influential Marine Fender Brands in China 2026: Redefining Dock Safety Standards

Ten Companies Shaping Product Quality and Safety Practices in the Industry CALIFORNIA, CA, UNITED STATES, October 14, 2026 /⁨EINPresswire.com⁩/ -- Qingdao Haohang Fender Airbag Co., Ltd., a marine airbag and rubber fender manufacturer established …

Top Reaction Bonded Silicon Carbide Manufacturer Huan Shang Advances High-Temperature Ceramic Solutions

YIXING, JIANGSU, CHINA, October 14, 2026 /⁨EINPresswire.com⁩/ -- As industrial manufacturers seek materials that can withstand demanding temperatures, mechanical loads, and challenging operating environments, advanced ceramics are playing an …

Top Fiberglass Door Manufacturer Henan Enbuess Advances Composite Material Solutions

ANYANG, HENAN, CHINA, October 14, 2026 /⁨EINPresswire.com⁩/ -- As demand grows for energy-efficient buildings, durable architectural components, and lightweight industrial materials, composite technology is attracting greater attention across …