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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
