Oilsands & Heavy Oil

Brookfield wins investor support for Inter Pipeline deal

Monday, August 23, 2021, 6:26 AM MDT

Brookfield Infrastructure Partners LP has won enough shareholder backing to push ahead with its C$8.6 billion ($6.7 billion) takeover of…

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Enbridge’s Line 3 could start shipping next month

Monday, August 16, 2021, 6:42 AM MDT

A key pipeline linking Canada’s oilsands to U.S. markets could start shipping crude as early as next month. Enbridge Inc.’s…

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Indigenous group seeks Trans Mountain stake after Keystone death

Wednesday, August 11, 2021, 6:29 AM MDT

Natural Law Energy, the Canadian Indigenous group that sought a stake in the now defunct Keystone XL pipeline, has shifted…

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Broad ESG opportunities underpin Acceleware’s upcoming RF XL technology pilot

Tuesday, August 10, 2021, 10:13 AM MDT

This article is part of an ongoing series highlighting Canadian cleantech firms and the role they play in help drive…

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Canadian Natural Resources reports higher earnings amid strong commodity prices

Friday, August 6, 2021, 6:03 AM MDT

Canadian Natural Resources reported higher earnings and raised its capital budget after a positive quarterly earnings report Thursday. The Calgary-based…

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Imperial Oil earns $366 million; Kearl oilsands site sets 25-year production record

Tuesday, August 3, 2021, 6:20 AM MDT

Imperial Oil Limited says it earned $366 million in the second quarter and boosted production to its highest level in…

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Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

Thursday, July 29, 2021, 3:54 PM MDT

Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and…

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Cenovus swings to $224 million profit in Q2 on improved conditions, Husky takeover

Thursday, July 29, 2021, 7:12 AM MDT

Cenovus Energy Inc. swung to a $224-million net profit in its latest quarter on a large recovery in sales due…

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U.S. refiners miss out on America’s fuel boom amid setbacks

Thursday, July 29, 2021, 6:52 AM MDT

Americans are burning through gasoline and diesel like COVID-19 never happened, but U.S. fuel refiners aren’t cashing in as previously…

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Brookfield wins Inter Pipeline’s backing for $8.6 billion deal

Wednesday, July 28, 2021, 6:26 AM MDT

Inter Pipeline Ltd. told shareholders to accept a C$8.6 billion ($6.8 billion) hostile takeover offer from Brookfield Infrastructure Partners LP,…

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Brookfield confident in offer for Inter Pipeline after Pembina terminates rival bid

Tuesday, July 27, 2021, 6:12 AM MDT

Brookfield Infrastructure Partners LLP said it's confident its hostile bid for Calgary-based Inter Pipeline will be successful now that Pembina…

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MEG boosts 2021 production guidance on strong six months and Q2 profits

Monday, July 26, 2021, 6:02 AM MDT

MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on…

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