Oilsands & Heavy Oil

Auditor scolds Alberta over mine cleanup fund, how province handles polluted sites

Friday, June 11, 2021, 5:56 AM MDT

Alberta's auditor general is criticizing the government for failing to fix problems pointed out six years ago in a program…

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Group of large oilsands operators commit to become net zero emitters by 2050

Thursday, June 10, 2021, 6:21 AM MDT

Experts say a joint strategy by Canada's largest oilsands producers to reach net zero greenhouse gas emissions by 2050 will…

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Worker operating excavator killed at Syncrude mine site in northern Alberta

Monday, June 7, 2021, 1:48 PM MDT

Occupational Health and Safety says a Syncrude employee operating an excavator was killed Sunday at an oilsands mine in northern…

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Morgan Stanley shuts Calgary office as Canadian energy struggles

Monday, June 7, 2021, 6:43 AM MDT

Morgan Stanley has closed its Calgary investment banking office, according to people familiar with the matter, as Canada’s energy industry…

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Chevron CEO signals he’s open to selling Canadian oilsands stake

Thursday, June 3, 2021, 6:29 AM MDT

Chevron Corp. would consider selling its 20 per cent stake in a Canadian oilsands mine as its faces investor pressure…

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Suncor adopts net zero by 2050 greenhouse gas emissions target

Thursday, May 27, 2021, 6:14 AM MDT

Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050.…

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Alberta revives 'turn off taps' resources bill that sparked legal row with B.C.

Wednesday, May 26, 2021, 6:13 AM MDT

Alberta is reviving its so-called turn-off-the taps legislation, but with a few changes. Environment Minister Jason Nixon says a proposed…

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CNRL reports two deaths amid COVID outbreak

Tuesday, May 25, 2021, 6:42 AM MDT

Alberta’s oilsands continue to reel from one of the nations’ biggest outbreaks of COVID-19, with Canadian Natural Resources Limited reporting…

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Inquiry into funding of Alberta oil and gas critics granted fourth extension

Thursday, May 20, 2021, 6:06 AM MDT

Alberta's inquiry into the funding of oil and gas industry critics is getting another deadline extension. Premier Jason Kenney, saying…

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Oilsands firms expected to spur $60 billion in cash flow over two years: analyst

Tuesday, May 18, 2021, 6:05 AM MDT

A group of five large Canadian oilsands companies are expected to generate about $60 billion in net cash flow over…

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Vaccines, oil prices and Husky takeover boost Cenovus outlook, says CEO Alex Pourbaix

Friday, May 14, 2021, 6:10 AM MDT

The CEO of Cenovus Energy Inc. says he's optimistic that his oil and gas company's second consecutive online annual shareholders…

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Natural gas straddle plant designed to reduce oilsands emissions with cleaner fuel

Thursday, May 13, 2021, 6:09 AM MDT

In the latest project designed to green the oilsands industry, Wolf Midstream says it will build a facility to strip…

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