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2026

2026

Reserves Replacement Ratio in a Marginal Oil World

Our research found that at least four of the top six IOCs have significantly relied on tar sands reserves additions to support RRR rates in the past five years. As a percentage of total liquids additions, tar sands represents between...

A fading future for the tar sands

[caption id="attachment_25252" align="alignright" width="300"] An arial view of the Alberta oil sands (Photo: Luc Forsyth via Flickr CC)[/caption] Oil majors are dumping Canada’s tar sands assets and investors are walking away from new projects. It’s the latest sign that the...