Oilsands & Heavy Oil

Canadian crude inventories shrink in threat to U.S. supplies

Wednesday, February 9, 2022, 7:09 AM MST

Canadian crude inventories are dwindling as oilsands producers prepare to shut some operations for maintenance, potentially adding to U.S. supply…

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Cenovus CEO says current high oil prices can't be banked on moving forward

Wednesday, February 9, 2022, 6:06 AM MST

Cenovus Energy Inc. will continue to keep a tight rein on capital spending even as crude prices surge to eight-year…

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Suncor adopting mining safety technology for first time in oilsands, says CEO

Friday, February 4, 2022, 6:10 AM MST

The chief executive of Suncor Energy Inc. says the company is adopting mining safety technology for the first time in…

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Imperial Oil raises dividend as high crude prices power Q4 profit, revenues

Wednesday, February 2, 2022, 6:15 AM MST

Imperial Oil Limited is raising its quarterly dividend after higher crude oil prices contributed to a doubling of revenues and a…

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Oilsands stocks surge even as climate-conscious exit

Friday, January 28, 2022, 7:01 AM MST

Canada’s oil companies are outperforming their energy-producing peers as the highest oil prices in seven years brings a windfall of…

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CAPP expects oil and gas investment to rise 22 per cent this year to $32.8 billion

Friday, January 21, 2022, 6:11 AM MST

Canada's largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a…

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Suncor provides details on worker death; CEO says recent incidents 'not acceptable'

Wednesday, January 19, 2022, 6:25 AM MST

The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck…

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Oilsands alliance to focus on industry sustainability, advancing net zero ambitions

Monday, January 17, 2022, 6:12 AM MST

Canada's largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and…

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Canadian oil can be part of transition if it gets cleaner, IEA head says

Friday, January 14, 2022, 6:16 AM MST

The executive director of the International Energy Agency says Canadian oil and gas can be part of the transition to…

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Oilsands exports to Asia reach record with new link

Monday, January 10, 2022, 6:48 AM MST

Oilsands producers were able to export a record amount of crude to overseas markets thanks to a new link to the…

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Survey finds oilsands environmental monitoring ineffective after 10 years

Monday, January 10, 2022, 6:17 AM MST

Alberta doesn't have a good grasp of the overall environmental impacts of the oilsands a decade after implementing monitoring that…

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Oilsands companies focusing on essential work only as omicron sweeps country

Monday, January 10, 2022, 6:11 AM MST

Alberta’s oilsands are maintaining production levels with critical staff only as operators try to minimize the workforce impact of the…

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