Canadian oilsands

British energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.

A new report predicts Canadian oilsands production will have its biggest annual decline on record this year, dropping by an average of nearly 175,000 barrels per day due to issues associated with the COVID-19 pandemic.

While some European and U.S. companies cut their exposure to the Canadian oilsands, China's Big Three oil giants — CNOOC, PetroChina and Sinopec — seem content to let their bets ride even if the results haven't been spectacular.

The oilsands golden years lasted about a decade, and they will never come back. Blaming that on a lack of pipelines just perpetuates a myth. Columnist Ross Belot examines what stopped the boom and investment trends since then.

Here's what you need to know to navigate the most challenging issue in your province’s history — the era of stranded assets in the oilsands.

Finance Minister Bill Morneau says the government will buy the existing Trans Mountain pipeline from Kinder Morgan at a price of $4.5 billion. He refused to explain that $4.5 billion simply buys Ottawa the rights to what exists today — a 65 year old pipeline

Canada's oilsands output is still expected to set new records in 2017 and climb even further in the coming years, despite gloomy headlines.