Oilsands & Heavy Oil

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…

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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…

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​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…

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​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…

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​Oilsands emissions intensity inching down amid ESG headwinds

Thursday, August 6, 2020, 7:06 AM MDT

Canada’s oilsands emitted about two per cent less carbon dioxide per barrel of oil produced in 2018, a sign of…

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Imperial Oil cautious on ramping up operations as it reports Q2 earnings miss

Monday, August 3, 2020, 9 PM MDT

The CEO of Imperial Oil Limited says the company will be cautious in ramping up spending despite a recovery in…

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Husky’s oil output and refining volumes ramp up as economy recovers

Thursday, July 30, 2020, 6:45 PM MDT

Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year…

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New U.S. permit to boost Keystone pipeline oil exports by next year: TC Energy

Thursday, July 30, 2020, 6:39 PM MDT

The CEO of TC Energy Corporation says the company will begin moving more oil from Western Canada into the United…

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Acceleware whitepaper demonstrates how electrification through RF XL could result in zero-GHG emissions for oilsands and heavy oil producers

Thursday, July 30, 2020, 7 AM MDT

The effects and costs of climate change and other environmental factors are hastening a global energy transition in which the…

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​Total writes off $9.3B in oilsands assets, cancels Canadian oil lobby membership

Wednesday, July 29, 2020, 9:38 PM MDT

French energy giant Total SA says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and…

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​Oilsands production expected to rebound after pandemic-linked 2020 slump

Wednesday, July 29, 2020, 6:11 AM MDT

A new report predicts Canadian oilsands production will have its biggest annual decline on record this year, dropping by an…

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​Deutsche Bank says it won't back any new oilsands or coal projects

Tuesday, July 28, 2020, 6:37 AM MDT

Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new…

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