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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
