Oilsands & Heavy Oil
Elliott Investment Management seeking changes at Suncor Energy
Friday, April 29, 2022, 6:24 AM MDT
One of North America's most aggressive activist investors has set its sights on Suncor Energy Inc., seeking an overhaul of…
Federal tax credit not enough to get carbon capture projects built: Cenovus CEO
Thursday, April 28, 2022, 6:13 AM MDT
The investment tax credit unveiled by the federal government earlier this month isn't enough to convince Canada's major oilsands producers…
Cenovus Energy reports $1.6B first quarter profit, triples dividend
Wednesday, April 27, 2022, 6:26 AM MDT
Cenovus Energy Inc. tripled its dividend as it reported a first-quarter profit of $1.6 billion. The company says its base…
CNOOC wins regulatory approval to restart oilsands upgrader
Monday, April 18, 2022, 6:30 AM MDT
CNOOC Ltd. was granted permission to resume operation of its long-shuttered Long Lake oilsands upgrader amid a report that the…
Budget 2022: Ottawa unveils $2.6B carbon capture tax credit for energy sector
Friday, April 8, 2022, 6:11 AM MDT
Ottawa is urging oil and gas companies to move quickly to take advantage of a major new tax credit for…
Guilbeault pens letter to Suncor over oilsands mine expansion
Friday, April 8, 2022, 6:09 AM MDT
Federal Environment Minister Steven Guilbeault has warned Canada’s biggest oilsands producer that its planned mine expansion may not meet climate…
One person sent to hospital following fire at Suncor refinery
Thursday, March 31, 2022, 6:49 AM MDT
Suncor Energy Inc.’s efforts to improve its safety record suffered a setback on Wednesday after a person was injured due…
Carbon capture tax credit a divisive topic; opinions split over potential benefits
Thursday, March 31, 2022, 6:23 AM MDT
A forthcoming federal tax credit for carbon capture and storage is spurring debate between those who say it will help…
Alberta Appeal Court keeps $217 million oilpatch cleanup liability case alive
Tuesday, March 29, 2022, 6:12 AM MDT
A bankruptcy hearing that could determine whether more than $200 million in oilpatch environmental liabilities wind up on the public…
Drillers awaken in Canada as war leaves world begging for oil
Tuesday, March 15, 2022, 6:56 AM MDT
Canada’s slumbering oil industry is beginning to stir. For years, the country’s drillers, like those in the shale fields of…
Alberta oilsands land sale earns most in decade as crude surges
Tuesday, March 15, 2022, 6:14 AM MDT
Alberta’s government earned the most in more than 10 years in a sale of rights to develop oilsands land just…
Suncor is getting no relief for sanction-hit ship, minister says
Wednesday, March 9, 2022, 6:36 AM MST
Suncor Energy Inc. is not getting any relief from the Canadian government after a Russian-owned tanker it chartered was hit…
