Oilsands & Heavy Oil

How Finning is leveraging high-efficiency technology to reduce GHG emissions & lower customer costs

Monday, November 21, 2022, 6 AM MST

Canadian equipment rental companies are facing ever-increasing demands from the government, customers, and social influence to reduce their carbon footprint…

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Pathways president says industry will be judged on whether it accomplishes its goals

Thursday, November 10, 2022, 6:45 AM MST

Not that many years ago, the idea of showcasing the Canadian oilsands at an international summit on climate change would…

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Cenovus and Imperial Oil see Canadian crude weakness into 2023

Friday, November 4, 2022, 6:53 AM MDT

Canadian heavy oil’s discount to the US benchmark widened Wednesday as the heads of two oilsands producers said weak prices…

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CNRL touts its economic contribution against backdrop of soaring profits

Friday, November 4, 2022, 6:30 AM MDT

Canadian Natural Resources Ltd.'s president Tim McKay added his voice Thursday to the chorus of oilsands executives who in recent…

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Suncor reducing contractor workforce by 20% to improve safety, efficiency

Thursday, November 3, 2022, 2:25 PM MDT

Suncor Energy Inc. is reducing the size of its contractor workforce by 20 per cent as part of its effort…

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Suncor reports net loss in third quarter as it takes writedown on Fort Hills

Thursday, November 3, 2022, 6:27 AM MDT

Suncor Inc. says it recorded a net loss of $609 million in the third quarter as it took a writedown…

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Cenovus CEO takes aim at oil and gas critics; says sector pays billions in taxes

Wednesday, November 2, 2022, 12:56 PM MDT

With oil and gas companies under increased scrutiny for how they choose to use their record-breaking profits in 2022, the…

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Cenovus reports $1.61B Q3 profit, up from $551M a year ago

Wednesday, November 2, 2022, 6:18 AM MDT

Cenovus Energy Inc. reported its third-quarter profit almost tripled compared with a year ago, helped by higher commodity prices. The…

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Guilbeault slams oilpatch for raking in cash and sitting idle on climate action

Monday, October 31, 2022, 6:14 AM MDT

The federal environment minister is calling out Canada’s oil companies for failing to put cash behind their promises to tackle…

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Suncor to acquire Teck Resources' stake in Fort Hills oilsands project for $1B

Thursday, October 27, 2022, 6:16 AM MDT

Suncor Energy Inc. will buy out Teck Resources Ltd.'s 21.3 per cent stake in the Fort Hills oilsands project for…

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Oilsands group pledges to spend $16.5B on carbon capture project by 2030

Monday, October 17, 2022, 6:18 AM MDT

Canada's biggest oilsands companies say they will spend $16.5 billion before 2030 on a massive, proposed carbon capture and storage…

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Germany takes control of 3 Russian owned oil refineries

Friday, September 16, 2022, 6:18 AM MDT

Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia…

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