Oilsands & Heavy Oil
Oilsands win favour on Wall Street after years in shale’s shadow
Monday, December 14, 2020, 6:58 AM MST
After years in the shadow of the U.S. shale boom, the Canadian oilsands are emerging from 2020’s historic market crash…
Inter Pipeline announces $1 billion spending plan
Friday, December 11, 2020, 6:23 AM MST
Inter Pipeline Ltd. says it will shell out $1 billion in capital expenditures in 2021 as it pushes to finish…
Environmental groups keep fighting KXL despite Biden's promise to block pipeline
Tuesday, December 8, 2020, 6:18 AM MST
Critics of Canada's most controversial cross-border pipeline projects aren't taking their demise for granted under president-elect Joe Biden. A new…
Athabasca Oil adopts lower 2021 budget, spends to maintain oilsands production
Friday, December 4, 2020, 6:32 AM MST
A Canadian oil company with production from both oilsands and light oil and gas wells is forecasting lower spending and…
New course charts ESG fundamentals for oil and gas producers
Thursday, December 3, 2020, 11:55 AM MST
Course description In a world where climate is dominating not only the public conversation but also access to capital, energy…
Baytex Energy sets lower capital budget for 2021, targets positive free cash flow
Thursday, December 3, 2020, 6:20 AM MST
Baytex Energy Corp. says its is budgeting for capital spending of between $225 million and $275 million next year, a…
Imperial Oil to write off up to $1.2 billion in Alberta natural gas assets
Wednesday, December 2, 2020, 6:20 AM MST
Shares in Imperial Oil Ltd. were rising after it announced late Monday it would write down up to $1.2 billion…
Suncor Energy increases spending, oil production guidance for 2021
Wednesday, December 2, 2020, 6:17 AM MST
Suncor Energy Inc. is forecasting higher spending and production in 2021 based on benchmark U.S. oil prices staying near their…
Enbridge pipeline linking oilsands to U.S. Midwest wins approval
Tuesday, December 1, 2020, 6:45 AM MST
An Enbridge Inc. pipeline that will help ship more Canadian crude to the U.S. Midwest received final approval, paving the…
Imperial Oil to lay off 200 workers following cost cutting analysis
Thursday, November 26, 2020, 6:13 AM MST
Calgary-based Imperial Oil Ltd. said Wednesday it is laying off about 200 of its 6,000 employees across Canada as part…
Imperial Oil set to end Syncrude services contract as Suncor becomes operator
Wednesday, November 25, 2020, 6:19 AM MST
Imperial Oil Ltd. says it will relinquish its contract to provide business management services to Syncrude Canada Ltd. when Suncor…
Suncor agrees to begin operating Syncrude by end of next year
Tuesday, November 24, 2020, 6:19 AM MST
Suncor Energy Inc. says it has agreed to become the operator of the Syncrude project by the end of 2021,…
