Oilsands & Heavy Oil

Loss of Keystone XL pipeline expected to hurt future oilpatch growth: experts

Friday, January 22, 2021, 6:11 AM MST

Western Canada's oil producers will likely cope better with Joe Biden's cancelling of the Keystone XL presidential permit than they…

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Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares

Thursday, January 21, 2021, 6:04 AM MST

Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per…

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An outright 'No': Biden's Day 1 Keystone XL kibosh bodes ill for Canada U.S. ties

Tuesday, January 19, 2021, 6:27 AM MST

North America's perennial pipeline debate erupted anew Monday as president-elect Joe Biden's Day 1 plan to kill off the Keystone…

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TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

Tuesday, January 19, 2021, 6:08 AM MST

Sustainable investing experts say TC Energy Corp.'s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes,…

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Cancelled Keystone XL pipeline expansion won't lessen oil dependency, experts say

Monday, January 18, 2021, 6:58 PM MST

Cancelling the multi-billion dollar Keystone XL pipeline expansion would not only jeopardize thousands of jobs in Alberta, it would also…

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Body of worker whose bulldozer fell through ice on inactive tailings pond recovered

Sunday, January 17, 2021, 3:32 PM MST

Suncor Energy Inc. says the body of a man whose bulldozer fell through the ice on one of its inactive tailings…

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Norwegian company signals focus shift to East Coast after selling oilsands interests

Friday, January 15, 2021, 7:24 AM MST

The Canadian arm of Norwegian oil giant Equinor ASA says it has closed its downtown Calgary office and is moving staff to…

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Lloydminster Heavy Oil Show 2021 cancelled, next one in 2022

Monday, January 11, 2021, 7:24 AM MST

The 2020 Lloydminster Heavy Oil Show has been deferred one year due to the COVID-19 pandemic. After hosting numerous bi-annual…

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Husky, Cenovus merger deal closes

Monday, January 4, 2021, 6:46 AM MST

Cenovus Energy Inc.’s buyout of Husky Energy Inc. officially closed on New Year’s Day creating Canada’s third largest energy producer.…

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Two workers killed in collision at Suncor oilsands mine near Fort McMurray

Monday, January 4, 2021, 6:35 AM MST

Suncor Energy Inc. says it is standing down mine operations at an oilsands site in northern Alberta following the deaths…

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Cenovus buyout of Husky now expected to close Jan.1

Tuesday, December 22, 2020, 6:43 AM MST

Cenovus Energy Inc. says it has all key regulatory approvals in place to go ahead with its friendly takeover of…

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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…

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