Oilsands & Heavy Oil


Suncor cancels investor update in wake of CEO's resignation

Tuesday, July 12, 2022, 6:25 AM MDT

Suncor Energy Inc. has cancelled its planned investor update about oilsands operations and safety in the wake of last week's…

Read Article


Suncor says president and CEO Mark Little has stepped down, resigns from board

Monday, July 11, 2022, 6:46 AM MDT

Suncor Energy Inc. chief executive Mark Little has stepped down as president and chief executive officer and resigned from its…

Read Article


Crescent Point raising quarterly dividend again

Friday, July 8, 2022, 6:09 AM MDT

Crescent Point Energy Corp. is raising its quarterly dividend after announcing it has sold off some of its non-core assets…

Read Article


Contract worker dies at Suncor Base Plant Mine

Thursday, July 7, 2022, 2:10 PM MDT

Suncor confirmed Thursday that a contractor was killed Thursday morning at the site north of Fort McMurray. The victim's name…

Read Article


‘Over the top hypocrisy’ of F1 oilsands protest helps Alberta's case, Kenney argues

Friday, June 24, 2022, 6:30 AM MDT

The “over-the-top hypocrisy” outspoken Formula One driver Sebastian Vettel displayed on his T-shirt and helmet last weekend in Montreal is…

Read Article


Award-winning Alberta manufacturer receives prestigious Green Seal Certification for its GHG reductions

Monday, June 20, 2022, 6 AM MDT

After winning three innovation awards in 2021 for its leadership in Clean Technology & Smart Connected Equipment, Edmonton-based Thermal Intelligence…

Read Article


BP sells oilsands stake to Cenovus, snaps up stake in Canadian offshore project

Monday, June 13, 2022, 6:38 AM MDT

(Bloomberg) — BP Plc sold out of Canada’s oilsands, divesting its stake in the Sunrise project to Cenovus Energy Inc.…

Read Article


Alberta First Nations want consultation, benefits from oilsands carbon storage plans

Thursday, June 9, 2022, 6:22 AM MDT

Several Alberta First Nations have told the province's government and energy industry that they must be consulted and share in…

Read Article


MEG Energy initiates buyback with 3.4 million shares bought

Wednesday, June 1, 2022, 6:51 AM MDT

MEG Energy Corp. started a share buyback by purchasing 3.4 million of its own securities. The oilsands producer paid C$21.85…

Read Article


Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts

Wednesday, May 11, 2022, 6:08 AM MDT

Suncor Energy Inc. now has strong first-quarter earnings in its arsenal and a publicized plan to improve worker safety, but…

Read Article


Suncor uninterested in selling Petro Canada, CEO says despite shareholder pressure

Tuesday, May 10, 2022, 1:29 PM MDT

Suncor Energy Inc. is not interested in selling off its Petro-Canada retail network, the oil giant's chief executive said Tuesday,…

Read Article


Suncor Energy reports earnings of $2.95B as oil prices surge

Tuesday, May 10, 2022, 6:13 AM MDT

Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.