International Petroleum Corporation (IPC) has launched the first steam injection for phase one of its fully owned Blackrod oil sands project in Alberta, Canada. The Canada-based company expects oil production from this phase to start in the third quarter of 2026 (Q3 2026), a quarter earlier than initially expected. The Blackrod asset is said to contain significant reserves and contingent resources, with regulatory approval permitting production of up to 80,000 barrels of oil per day (bopd). IPC approve ...