Oilsands & Heavy Oil
‘Over the top hypocrisy’ of F1 oilsands protest helps Alberta's case, Kenney argues
Friday, June 24, 2022, 6:30 AM MDT
The “over-the-top hypocrisy” outspoken Formula One driver Sebastian Vettel displayed on his T-shirt and helmet last weekend in Montreal is…
Award-winning Alberta manufacturer receives prestigious Green Seal Certification for its GHG reductions
Monday, June 20, 2022, 6 AM MDT
After winning three innovation awards in 2021 for its leadership in Clean Technology & Smart Connected Equipment, Edmonton-based Thermal Intelligence…
BP sells oilsands stake to Cenovus, snaps up stake in Canadian offshore project
Monday, June 13, 2022, 6:38 AM MDT
(Bloomberg) — BP Plc sold out of Canada’s oilsands, divesting its stake in the Sunrise project to Cenovus Energy Inc.…
Alberta First Nations want consultation, benefits from oilsands carbon storage plans
Thursday, June 9, 2022, 6:22 AM MDT
Several Alberta First Nations have told the province's government and energy industry that they must be consulted and share in…
MEG Energy initiates buyback with 3.4 million shares bought
Wednesday, June 1, 2022, 6:51 AM MDT
MEG Energy Corp. started a share buyback by purchasing 3.4 million of its own securities. The oilsands producer paid C$21.85…
Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts
Wednesday, May 11, 2022, 6:08 AM MDT
Suncor Energy Inc. now has strong first-quarter earnings in its arsenal and a publicized plan to improve worker safety, but…
Suncor uninterested in selling Petro Canada, CEO says despite shareholder pressure
Tuesday, May 10, 2022, 1:29 PM MDT
Suncor Energy Inc. is not interested in selling off its Petro-Canada retail network, the oil giant's chief executive said Tuesday,…
Suncor Energy reports earnings of $2.95B as oil prices surge
Tuesday, May 10, 2022, 6:13 AM MDT
Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period…
MEG Energy has record quarter as high prices boost profits and revenues up 68%
Tuesday, May 3, 2022, 6:22 AM MDT
MEG Energy Inc. says higher energy prices contributed to it earning a $362-million profit in its latest quarter as revenues…
Suncor's safety record in the spotlight as activist investor calls for change
Tuesday, May 3, 2022, 6:19 AM MDT
A string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as…
TC Energy interested in helping bring nuclear power to oilsands
Monday, May 2, 2022, 6:11 AM MDT
The head of Canadian pipeline giant TC Energy Corp. says the company sees a future opportunity to get involved in…
Imperial Oil posts $1.17B first quarter profit, best in over 30 years
Friday, April 29, 2022, 12:01 PM MDT
High oil prices helped Imperial Oil Ltd. post its highest first-quarter profit in over 30 years, though production at the…
