Caucasus Oil Sands Newswire

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 …

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 …

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 …

Five arrested following copper wire theft from northern Alberta oilsands museum

Five people have been arrested following reports of a copper wire theft at the Syncrude ‘Giants of Mining’ Exhibit north of Fort McMurray last week.Article content Police were contacted after the group was seen travelling southbound on Highway 63 in a …

Canada’s 1 million b/d Pacific Coast oil pipeline crosses major hurdle

A 1 million-barrel/day crude oil pipeline to the Canadian Pacific Coast, from the prime oil sands producing region of Alberta, has received a major boost, with the federal government listing the proposed infrastructure as a “project of national …

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 …

Canada may be on verge of $200B energy boom, RBC says

RBC Report: A New Energy: Steering Canada's next oil and gas boom -Web image TORONTO — Canada could be on the verge of an oil and gas construction boom worth more than $200 billion through 2040, with Alberta potentially adding more than 52,000 …

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 …

Water, toxic waste and opportunity: Indigenous leaders react to Carney’s pipeline plan

In Sumas First Nation near Abbotsford, B.C., people have gotten used to oil spills, says Chief Dalton Silver. Crude oil has been stored, re-routed and carried through the First Nation's traditional territory for decades. Silver fought the Trans …

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 …

Prime Minister Carney says oilsands mining expansion possible as Canada becomes 'best' place to invest

Prime Minister Mark Carney, Harvard Media Studios, Fort McMurray. Oct 1, 2026 FORT MCMURRAY — Prime Minister Mark Carney says expanding existing oilsands mines could be part of the production growth needed as Canada moves ahead with plans for a new West …

How Do We Act When We Don’t Know If We’ll Win?

We are living through a period when many people who care about justice and democracy are exhausted, frightened, or unsure what their actions can accomplish. Paul Loeb’s The Impossible Will Take a Little While: Perseverance and Hope in Troubled Times, …

Ottawa invests more than $11.2 million in eight Saskatchewan projects to boost growth and trade resilience

Eight Saskatchewan-based companies are sharing more than $11.2 million in federal funding aimed at helping businesses expand production, improve productivity, strengthen domestic supply chains and reach new markets amid ongoing trade uncertainty. The …

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

Carney’s fossil-fuel bonanza and the ‘national interest’

The Liberal government of Mark Carney has now taken the bonanza of fossil-fuel extraction it has set in motion to a new level. It has done this by designating a proposal for a major oil pipeline to Canada’s West Coast as the first project of ‘national …

How close is Canada to a new West Coast oil pipeline? Here's where it stands

OTTAWA — If you’re wondering how close Canada actually is to building a new oil pipeline from Alberta to the West Coast, this Spelled Out explainer video has you covered. Prime Minister Mark Carney was in Fort McMurray on Oct. 1 to unveil major …

Javier Palomarez, USHBC President & CEO, Endorses Bipartisan Permitting Reform Bill

WASHINGTON, DC, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- The United States Hispanic Business Council (USHBC) is proud to endorse the Bipartisan American Affordability and Jobs Act (BAAJA), led by Senate Environment and Public Works …

R. Short Roofing Completes Second Free Roof Giveaway for Seaford Resident

R. Short Roofing replaced a Delaware homeowner's roof yesterday, paving the way for state-approved solar energy savings. SEAFORD, DE, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Just weeks after helping its first Delaware homeowner through …

Candide Group Closes $71.5M Afterglow Climate Justice Fund to Power Clean Energy Access in Disinvested Communities

Candide Group closed its $71.5M Afterglow Climate Justice Fund to finance clean energy and climate resilience in underinvested communities. OAKLAND, CA, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- September 30, 2026 — Candide Group …

Indra Energy Reaches Reforestation Milestone Through Global Restoration Partnership

Through energy plans and a tree donation game played by Pittsburgh fans, Indra Energy customers successfully drove the planting of 44,000 verified trees. HOUSTON, TX, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Indra Energy celebrates …

El Paso Electric Announces CEO Transition

Eli Viamontes Appointed President and CEO, Effective November 9, 2026; Kelly Tomblin to Retire Following Over 6 Years of Transformative Leadership EL PASO, TX, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- El Paso Electric (“EPE” or the …

RevaTerra® Takes Center Stage During Atlanta’s Week of Innovation, Climate Action and Entrepreneurship

RevaTerra® to participate in Venture Atlanta, Atlanta Climate Week & Atlanta Startup Awards, where it has been named a finalist for Best Technical Breakthrough ATLANTA, GA, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- RevaTerra®, an …

Anker Introduces the Anker SOLIX S5000, the Longest-Lasting 5kWh Portable Power Station

48 Hours of Essential Home Backup with 4,500W Dual-Voltage Output in the Smallest, Lightest 5kWh Design BELLEVUE, WA, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Anker today introduced the Anker SOLIX S5000, a 5,024Wh portable power …

From Building to Powering: Energy, Innovation, and AI Infrastructure at a Global Crossroads

HOUSTON, TX, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- At ALJ Group’s “American Data Centers Forum: From Building to Powering,” the Society for Low Carbon Technologies (SFLCT) connected the themes of three consecutive ALJ Group …

Portugal’s business leaders gather to debate how the country should build on its growth

The five-venue Portugal Investment Forum has united industrial families, emerging-sector founders and global investors together to plot the nation’s future LISBON, PORTUGAL, October 9, 2026 /⁨EINPresswire.com⁩/ -- The inaugural Portugal …

CAMPel9 Introduces an Ultra-Low-Power Pellet Heater for Camping, RVs and Off-Grid Living

CAMPel9 is a compact pellet heater designed for camping and RVs, featuring ultra-low 8W AC power consumption and a self-powered wireless configuration. CHEONGJU-SI, CHUNGCHEONGBUK-DO, SOUTH KOREA, October 9, 2026 /⁨EINPresswire.com⁩/ -- Magenic is …

Power Electrical, Heating & Cooling Services Named People's Choice — Denver

DENVER, CO, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Power Electrical, Heating & Cooling Services has been named People's Choice — Denver by the Consumer Ratings Institute, based on publicly accessible consumer review data. The …

Go Green Plumbing, Heating, Air & Electrical Wins Greensboro Favorite Award

GREENSBORO, NC, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Go Green Plumbing, Heating, Air & Electrical, a full-service home services company, has been named winner of the Greensboro Favorite award by the Consumer Ratings Institute …

Syntech Metals Offers Canadian Fabricators In-House Billet Casting, Refundable Tooling and Machined Aluminum Profiles

Chinese extruder says it already supplies curtain wall, roller blind, and EV-charger heat sink profiles to Canadian manufacturers FOSHAN, GUANGDONG, CHINA, October 9, 2026 /⁨EINPresswire.com⁩/ -- Syntech Metals, a Chinese aluminum extrusion …

Iberdrola surpasses NextEra to become the world's largest private electric utility by market capitalization

Iberdrola reaches €141.604 billion and overtakes NextEra (€141.577 billion) in the October 6, 2026 trading session. SPAIN, October 9, 2026 /⁨EINPresswire.com⁩/ -- Iberdrola surpassed NextEra in market capitalization during Tuesday's trading …

Ten Reputable Electrical Steel Companies in China 2026: Advancing Motor Efficiency and Industrial Performance

A 2026 Overview of Ten Established Electrical Steel Suppliers and Their Role in Motor Efficiency CALIFORNIA, CA, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- TAIYUAN, China, October 9, 2026 China's electrical steel output reached …

Top Electronic Transformer Manufacturer Advances Magnetic Component Solutions for Modern Electronics

XI 'AN, SHAANXI, CHINA, October 9, 2026 /⁨EINPresswire.com⁩/ -- As electronic systems become increasingly compact, energy-efficient, and sophisticated, the demand for dependable magnetic components continues to expand across industrial …

Portable Power Station Wattage: GEYOTO N300 & N1000 Explained

WILMINGTON, DE, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Before connecting a refrigerator, laptop, router, or group of smaller devices, wattage tells you whether a portable power station can support the load. Portable power station wattage is …

Five Reputable Ball Mill Manufacturers in China 2026: Advancing Industrial Grinding Technology

Exploring industrial ball mill designs and their applications in mineral processing, material preparation and powder production. CALIFORNIA, CA, UNITED STATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- Zhengzhou, China ,October 9, 2026 — China …

Brass CNC Machining Parts Serve Diverse Applications Across Key Industries

HUIZHOU, GUANGDONG, CHINA, October 9, 2026 /⁨EINPresswire.com⁩/ -- So, have you ever wondered what brass CNC machining parts are actually used for? It turns out, it's way more than just cutting metal! These parts pop up everywhere — from …

LEAPTING Launches Auto-Navigation Forklift Robot (AFR), Redefining Material Handling for Large-Scale Solar Project

DUBAI, UNITED ARAB EMIRATES, October 9, 2026 /⁨EINPresswire.com⁩/ -- LEAPTING, a global leader in PV intelligent robotics, has officially announced the launch of its latest innovation, the Auto-Navigation Forklift Robot (AFR). This release marks a major …