Oilsands & Heavy Oil


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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Two workers injured in N.L. refinery explosion have been released from hospital

Tuesday, September 6, 2022, 6:35 AM MDT

Braya Renewable Fuels says two of the eight workers injured in the explosion at Come By Chance Refinery in Newfoundland…

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Oilsands royalties surge as project costs are paid off

Thursday, September 1, 2022, 6:50 AM MDT

Oilsands producers are poised to pay an increasing share of their revenue to the government in coming years as surging…

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Releasing oilsands tailings into river is only one among several options: Guilbeault

Thursday, August 18, 2022, 6:21 AM MDT

Releasing treated oilsands tailings into the environment isn't the only solution being considered to clean up the massive ponds in…

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Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 million

Monday, August 8, 2022, 2:53 PM MDT

Cenovus Energy Inc. has signed a US$300-million deal that it says marks another step forward in its long-term strategy to…

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Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO

Friday, August 5, 2022, 1:45 PM MDT

The new interim CEO of Suncor Energy Inc. says the oil and gas giant is ready to stop studying its…

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Suncor’s Q2 net profit increases more than fourfold year over year

Friday, August 5, 2022, 6:30 AM MDT

Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than…

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Canadian Natural reports $3.5B profit in second quarter amid oil price spike

Thursday, August 4, 2022, 2:11 PM MDT

Canadian Natural Resources Ltd. reported a second-quarter profit that was more than double what it made in the same period…

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Proposed emissions cap on oil and gas sector 'overly ambitious': CNRL

Thursday, August 4, 2022, 2:05 PM MDT

The head of Canada's largest oil-and-gas producing company criticized the federal government's proposed emissions cap for the energy sector Thursday,…

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Imperial Oil CEO says Feds' approach to emissions getting 'very aggressive'

Tuesday, August 2, 2022, 6:21 AM MDT

Imperial Oil Ltd. CEO Brad Corson said Friday the federal government's strategy to reduce emissions and reach net-zero amounts to…

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MEG Energy posts $225 million profit, completes turnaround at Christina Lake facility

Friday, July 29, 2022, 6:25 AM MDT

MEG Energy Inc. reported a $225-million profit in its latest quarter as it completed on time and on budget the…

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Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit

Friday, July 29, 2022, 6:16 AM MDT

Cenovus Energy Inc. chief executive Alex Pourbaix said Thursday that inflation has been “manageable'' for the energy company so far…

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