Third-quarter earnings doubled, and raised its profit forecast on signs of stronger demand for shipments from the Alberta oil sands. Net income rose to $303.8 million or 83 cents a share, from $148.4 million, or 41 cents, a year earlier. Enbridge saidread more »
Mr. Sneh Seetal reports SUNCOR ENERGY REPORTS OIL SANDS PRODUCTION NUMBERS FOR OCTOBER 2009 Suncor Energy Inc.'s oil sands production during October, averaged approximately 307,000 barrels per day. Year-to-date oil sands production at the end ofread more »
Costs in the oilsands have declined substantially over the past year, leading to what the Canadian Energy Research Institute calls a "golden opportunity."read more »
