Oilsands & Heavy Oil
Limits on oil production no longer needed, Alberta government says
Friday, December 10, 2021, 6:16 AM MST
Alberta will let its oil production curtailment policy expire on Dec. 31. UCP Energy Minister Sonya Savage says the province…
Politicians raise concerns about carbon pricing benefits given to oilsands companies
Thursday, December 9, 2021, 6:31 AM MST
Federal and Alberta Opposition politicians want the province to be more transparent about a government program supporting profitable oilsands and…
Feds expected to release details of carbon capture tax credit soon, says Cenovus
Thursday, December 9, 2021, 6:23 AM MST
Cenovus Energy Inc. says Ottawa's forthcoming release of details about its proposed tax credit for carbon capture, utilization and storage…
Cenovus Energy plans $2.6 billion to $3 billion capital spending budget for 2022
Thursday, December 9, 2021, 6:17 AM MST
Cenovus Energy Inc. has increased its capital spending budget for next year, against the backdrop of a global commodity boom…
Savage looks ahead to the next World Petroleum Congress in Calgary
Wednesday, December 8, 2021, 3:52 PM MST
As the 23rd World Petroleum Congress in Houston comes to an end this week, Alberta Energy Minister Sonya Savage is already…
Suncor CEO shines spotlight on oilsands partnership, need for collaboration to cut GHG emissions
Wednesday, December 8, 2021, 3:35 PM MST
(Houston) — An “unprecedented global collaboration” like the Oil Sands Pathways to Net Zero initiative is just the type of…
ExxonMobil CEO cites Canadian GHG reduction efforts
Monday, December 6, 2021, 2:25 PM MST
(Houston) — Oil and gas companies must deliver on climate action while also ensuring low-cost and secure energy supply, the…
Parkland moves to pause refinery operations due to Trans Mountain shutdown
Wednesday, November 24, 2021, 6:25 AM MST
Parkland Corp. is moving to pause its refinery processing operations in Burnaby, B.C., due to a lack of crude oil…
Energy crisis gives oilsands producers windfall for green projects
Friday, November 19, 2021, 7:22 AM MST
The global energy crisis that many blame on efforts to move away from fossil fuels is actually giving new momentum to the…
Ottawa must consult provinces on emissions cap for oil, gas industry: Alberta premier
Tuesday, November 16, 2021, 6 AM MST
Alberta Premier Jason Kenney warned the federal government on Monday that it must consult with the provinces as Ottawa moves…
Oilpatch drilling activity to rise in 2022, new PSAC forecast suggests
Friday, November 12, 2021, 6:20 AM MST
Drilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast. The…
Canadian Natural Resources to acquire Storm Resources for $6.28 per share
Friday, November 12, 2021, 6:12 AM MST
Canadian Natural Resources Ltd. (CNRL) says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources…
