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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

(BOE Report) – Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies including Imperial Oil and Suncor become some of North America’s lowest-cost oil producers, driving down overheads even as the worst inflation in a generation pushed U.S. shale costs up. tariff threats.

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Argentina set for M&A boom under Milei, with energy in focus, PwC says

Oil & Gas 360º

In 2024, Argentina recorded 99 M&A deals, the highest since 2019, with transaction values reaching $8 billion—the largest amount since 2017, PwC data showed. Vaca Muerta, the world’s second-largest unconventional gas reserve and fourth-largest oil reserve, located in the province of Neuquén, is one of Argentina’s main attractions.

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Permian Basin drives growth in tight oil production in U.S. onshore lower 48

Permian Basin Oil and Gas Magazine

Onshore crude oil production in U.S. Energy Information Administration, driven by growth in tight oil production in Permian Basin. Onshore production includes both legacy oil production primarily from vertically drilled wells and newer tight oil production primarily from horizontally drilled wells.

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Canada's Oil Sands to Reach Record Production in 2025, S&P Global Says

Rigzone

Image by traveler1116 via iStock Canadian oil sands production will reach record annual production in 2025 despite lower prices, according to a forecast from S&P Global Commodity Insights. Oil sands production in the country is projected to reach 3.5 million barrels per day (bpd) for the year, 5 percent higher than last year.

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EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

Oil & Gas 360º

(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Average annual crude oil production in Alaska peaked at 2.0

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EIA: Alaska crude oil production will grow in 2026 for the first time since 2017

Oilfield Technology

EIA forecasts that Alaskan crude oil production will grow in 2026, for the first time since 2017.

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Alaska’s crude oil production to grow in 2026, first time since 2017, EIA says

BOE Report

Energy Information Administration on Wednesday forecast that Alaska’s annual crude oil production will increase in 2026, a first since 2017 and, if realized, the largest since 2002.