Oilsands & Heavy Oil
Alberta budget holds out hope for Keystone XL with no provisions
Friday, February 26, 2021, 6:55 AM MST
Alberta’s budget came with no provisions for investments that the Canadian province made in the Keystone XL pipeline, even after…
Imperial Oil reports one billion barrel drop in bitumen reserves at end of 2020
Friday, February 26, 2021, 6:23 AM MST
Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low…
Retired TC Energy CEO Russ Girling aiming to join Suncor's board of directors
Thursday, February 25, 2021, 6:03 AM MST
Suncor Energy says former TC Energy CEO Russ Girling is returning to the energy producer and will stand for election…
Keystone XL’s death sparks rush to ship oilsands crude by rail
Wednesday, February 24, 2021, 6:42 AM MST
U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oilsands crude…
Keystone XL 'clarity' boosts Gibson Energy diluent recovery project, says CEO
Wednesday, February 24, 2021, 6:09 AM MST
The CEO of Gibson Energy Inc. says “clarity” about the future of the cancelled Keystone XL pipeline has prompted increased…
Junior oilsands producer Osum endorses Waterous Energy's sweetened takeover bid
Friday, February 19, 2021, 6:26 AM MST
The leadership at private junior oilsands producer Osum Oil Sands Corp. say they will sell their shares after Waterous Energy…
TC Energy expects 'substantive' charge related to Keystone XL permit revocation
Thursday, February 18, 2021, 6:14 AM MST
TC Energy Corp. says it expects to take a “substantive'' charge when it reports its first-quarter results for 2021 due…
Teck Resources takes Fort Hills charge, reports Q4 loss
Thursday, February 18, 2021, 6:10 AM MST
Teck Resources Ltd. reported a loss in its fourth-quarter as the company took a hit related to its investment in…
Top netbacks: Oil and gas weighted producers
Tuesday, February 16, 2021, 6:41 AM MST
New data from Evaluate Energy shows that MEG Energy’s oilsands operations generate the highest overall operating netback per barrel among…
First Nation lauds plan to protect traditional land use in oilsands management plan
Wednesday, February 10, 2021, 6:33 AM MST
The Alberta government says it has completed a plan to manage oilsands development in an area near the Fort McKay…
Cenovus Energy reports $153M Q4 loss compared with $113M profit a year ago
Tuesday, February 9, 2021, 6:07 AM MST
Cenovus Energy Inc. reported a loss in the final quarter of 2020 compared with a profit a year earlier. The…
Suncor Energy restarts carbon emission cutting projects despite vow of austerity
Friday, February 5, 2021, 6:07 AM MST
The CEO of Suncor Energy Inc. says it will not increase capital spending this year despite higher oil prices, instead…
