Oilsands & Heavy Oil

Canadian Natural Resources reports Q4 profit down from year ago, raises dividend

Thursday, March 2, 2023, 6:35 AM MST

Canadian Natural Resources Ltd. raised its quarterly dividend as it reported its fourth-quarter profit fell compared with a year earlier.…

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Oil well cleanup program listed as 'key objective' in Alberta's pre-election budget

Wednesday, March 1, 2023, 6:12 AM MST

Alberta Premier Danielle Smith's last budget before an expected spring election gives strong support to a proposed tax break for…

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MEG Energy earns $159M in Q4; high oil prices offset by WCS differential

Tuesday, February 28, 2023, 6:20 AM MST

MEG Energy Corp. says it earned $159 million in the fourth quarter of 2022, a 10 per cent decrease from…

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Suncor taps former Exxon executive as CEO

Tuesday, February 21, 2023, 6:23 AM MST

Suncor Energy Inc. named Rich Kruger as its new chief executive officer, ending a seven-month search that started after a…

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Cenovus CEO Pourbaix steps down to focus on championing the industry

Friday, February 17, 2023, 6:19 AM MST

Cenovus Energy Inc. chief executive Alex Pourbaix will step down from his CEO role later this year to devote more…

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Suncor draws regulatory probe

Thursday, February 16, 2023, 6:54 AM MST

Suncor Energy Inc. has racked up 32 safety violations in the past three months amid a special regulatory probe of…

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Decision on new Suncor CEO expected 'very soon'

Thursday, February 16, 2023, 6:26 AM MST

Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim…

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Suncor's fourth quarter profits increase 76 per cent to $2.74 billion

Wednesday, February 15, 2023, 6:23 AM MST

Suncor Energy Inc. says it earned $2.74 billion in the fourth quarter of 2022, a 76 per cent increase from…

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Teck completes sale of Fort Hills stake to project partners; exits oilsands

Friday, February 3, 2023, 6:03 AM MST

Teck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands…

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TotalEnergies EP Canada ups stake in Fort Hills oilsands project

Friday, January 27, 2023, 6:44 AM MST

TotalEnergies EP Canada Ltd. says it is increasing its ownership in the Fort Hills oilsands project by acquiring part of…

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Oilsands carbon capture project faces hurdle of scarce labour

Wednesday, January 25, 2023, 6:39 AM MST

Canada’s oilsands industry is examining how many workers it will need to build the carbon capture system that’s key to…

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Oilsands execs say they can't invest in decarbonization any faster, despite profits

Wednesday, January 25, 2023, 6:11 AM MST

Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they…

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