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Innovators toil to revive Canada oil sands as majors exit

June 19, 201711:05 PM Reuters0 Comments

In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation and stem the exodus of top global energy firms from Canada's oil sands. They are searching for a breakthrough that will cut the cost of pumping the tar-like oil from the country's vast underground bitumen reservoirs and better compete with the booming shale industry in the United States. If they fail, a bigger chunk of the world's [Read more]

Canadian Natural Resources Canadian Oil Sands Cenovus Devon Energy Equinor Imperial Oil Shell Suncor

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