What's New

In this section learn about recent developments and updates in the Alberta Oil Sands. Read more

What is Oil Sands

Oil sands are deposits of bitumen, a heavy black viscous oil that must be rigorously treated to convert it into an upgraded crude oil before it can be used by refineries to produce gasoline and diesel fuels. Until recently, Alberta's bitumen deposits were known as tar sands but are now referred to as oil sands.   Read more

Oil Sands FAQs

How much of the oil sands area is being developed? Does oil sands 'mining' affect the environment? This section provides you with quick and easy answers to commonly asked questions related to oil sands. Read more

Statistics

This a valuable section outlining current statistics regarding the potential of oil sands in Alberta, and much more. Read more

Oil Sands Facts

Canada ranks second largest in terms of global proven crude oil reserves (15% of world reserves), after Saudi Arabia. The majority of these reserves are found in Alberta’s oil sands – over 174 billion barrels. If you are looking for more interesting facts on oil sands, this section will provide it for you. Read more

Prices

Oil prices are set in an open and competitive market and are influenced by many variables throughout North America and the world. These variables include supply and demand, production and exploration levels, global weather patterns, pricing and availability of competing energy sources and market participants’ views of future trends in any of these or other variables. Read more

Oil Sands Consultations

Alberta Energy, Sustainable Resource Development, and Alberta Environment are asking for input on a proposed coordinated approach to oil sands mining in the northeastern area of the province. Read more

Hydrocarbon Upgrading

Alberta Energy is focusing on developing a comprehensive energy strategy that looks beyond extraction and maximizing the potential of our resources to enhance the growth of Alberta’s refining and petrochemical industries.  Read more