Canadian oil producers plan to hike output next year despite the challenging political context, within which they have to operate, as demand abroad remains strong. Reuters cited updates from Cenovus, Imperial Oil, and Suncor that show all three expect to boost production next year. For Cenovus, the growth target is about 4.4% to between 805,000 bpd and 845,000 bpd. For Imperial Oil, the output growth target is 3.1%. For Suncor, the 2025 producti…

Oil Price

London

Greater London

England

United Kingdom

Canada’s Oil Industry Eyes Higher Output in 2025

Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent as it continues to work to improve its performance and lower costs from its oilsands assets.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CBC News

Government of Canada

Canada

Canadian oil majors to boost production in 2025

Suncor says it is aiming to add more than 100,000 barrels per day of oil and gas production between 2023 and 2026.

Global News

Corus Entertainment

Toronto

Ontario

Suncor Energy to increase oil and gas output by up to 5 per cent in 2025

This week’s Bulls N’ Bears Runner of the Week is… Tasman Resources. The SA mineral explorer has a series of impressive targets to drill, while Bridge SaaS, New Frontier Minerals and Axel REE also ran hard.

Sydney Morning Herald

Nine Entertainment Co.

Sydney

New South Wales

Australia

Cracking drill targets boost Tasman share price by 125 per cent

The West Australian

Kerry Stokes

Canada’s Cenovus Energy CVE-T on Thursday forecast higher oil and gas production for 2025, expecting to benefit from new projects coming online.
The company forecast upstream production between 805,000 and 845,000 barrels of oil equivalent per day (boepd) for 2025, with the midpoint higher than…

BizToc

Cenovus Energy forecasts higher production in 2025 on new projects

The company said it is aiming to add more than 100,000 barrels per day of oil and gas production between 2023 and 2026 and several other Canadian oilsands producers are making similar announcements for increased production by 2025.

National Observer

Observer Media Group (Canadian company)

Suncor plans to boost oil and gas output by up to five per cent in 2025

Craig NolanCategory: Bulls N' Bears (Commercial Content)AnnouncementsThis week’s Bulls N’ Bears ASX Runner of the Week is… Tasman Resources. Credit: FileThis week’s Bulls N’ Bears Runner of the Week is… Tasman Resources. The South Australian mineral explorer has a series of impressive targets to follow up with a drilling program. Bridge SaaS received some love from a substantial shareholder keen to increase its stake in the firm, while other mov…

Business News

Advanced Media Solutions

Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent as it continues to work to improve its performance and lower costs from its oilsands assets. In its corporate guidance for 2025, released Thursday, the Calgary-based energy giant said it plans to grow its total oil and gas production to between 810,000 and 840,000 barrels per day next year, up from its 2024 estimated range of 770,000 to 810,000 barrels per d…

World ABC News

Suncor Energy forecast higher oil and gas production in 2025 on Thursday as the Canadian energy producer bets on continued energy demand. The company expects production to be between 810,000 and 840,000 barrels per day (bpd) next year, compared with its 2024 production estimate of 770,000 to 810,000 bpd.

Canada’s Oil Industry Eyes Higher Output in 2025

Coverage Details

Give the gift of Perspective

Bias Distribution

Ownership

Similar News Topics

Similar News Topics