Oilsands & Heavy Oil
Alberta to stop limits on oil production in December after nearly two years
Friday, October 23, 2020, 10:32 AM MDT
Alberta's UCP government says it will end oil curtailment quotas in December, nearly two years after the previous NDP government…
$100 million fund to be used to cut oilpatch emissions, fuel new product development
Friday, October 23, 2020, 6:19 AM MDT
A contribution of $100 million from Ottawa will assist with the commercialization of new products from Canada's oil and gas…
Heavy oil scarcity to boost Canadian oilsands prices next year
Thursday, October 22, 2020, 6:37 AM MDT
Canadian oil prices are poised to strengthen next year as Mexican heavy crude exports to U.S. Gulf Coast refineries dwindle,…
Imperial ramps up Kearl oilsands mine output after diluent pipeline restored
Wednesday, September 16, 2020, 6:10 AM MDT
Imperial Oil Limited says it is ramping up production to normal rates at its Kearl oilsands mining operation in northern Alberta…
Suncor shares fall on lower production after oilsands mine fire repairs wrap up
Wednesday, September 9, 2020, 6:05 AM MDT
Shares in Suncor Energy Inc. traded sharply lower on Tuesday after it trimmed 2020 production guidance despite restarting its Base…
Inter Pipeline restores partial service on the western portion of Polaris system
Friday, September 4, 2020, 6:56 AM MDT
Inter Pipeline Ltd. has safely restored services to the JACOS/CNOOC Limited Hangingstone facility on the western portion of its Polaris…
Imperial Oil's Kearl oilsands mine stops output due to diluent pipeline outage
Thursday, September 3, 2020, 6:28 AM MDT
The partial shutdown of a diluent supply pipeline following a spill near Fort McMurray has halted production at the Kearl…
Global oil refining faces shake-up from Asian plastics boom
Wednesday, August 26, 2020, 7:04 AM MDT
As the age of the hydrocarbon enters its final era, the action increasingly moves to Asia and plastics take center…
Work at Suncor’s Fort McMurray base plant affected until September due to fire
Tuesday, August 18, 2020, 7:04 AM MDT
Suncor Energy Inc. says it will be early September before mined bitumen production resumes at its base plant mining operation…
Suncor shares slip after fire interrupts Fort McMurray oilsands mining output
Tuesday, August 18, 2020, 6:18 AM MDT
Shares in Suncor Energy Inc. fell Monday after it reported it will be early September before bitumen production resumes at…
Canadian Natural sets synthetic crude record while recording net loss of $310 million
Thursday, August 6, 2020, 11:41 AM MDT
Shares in Canadian Natural Resources Limited rose Thursday after it reported record production of synthetic crude oil and lower operating…
Exxon says 20% of oil, gas reserves threatened by low prices
Thursday, August 6, 2020, 7:12 AM MDT
Exxon Mobil Corporation warned that low energy prices may wipe as much as one-fifth of its oil and natural gas…
