Oilsands & Heavy Oil

Inter Pipeline announces $1 billion spending plan

Friday, December 11, 2020, 6:23 AM MST

Inter Pipeline Ltd. says it will shell out $1 billion in capital expenditures in 2021 as it pushes to finish…

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Environmental groups keep fighting KXL despite Biden's promise to block pipeline

Tuesday, December 8, 2020, 6:18 AM MST

Critics of Canada's most controversial cross-border pipeline projects aren't taking their demise for granted under president-elect Joe Biden. A new…

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Athabasca Oil adopts lower 2021 budget, spends to maintain oilsands production

Friday, December 4, 2020, 6:32 AM MST

A Canadian oil company with production from both oilsands and light oil and gas wells is forecasting lower spending and…

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New course charts ESG fundamentals for oil and gas producers

Thursday, December 3, 2020, 11:55 AM MST

Course description In a world where climate is dominating not only the public conversation but also access to capital, energy…

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Baytex Energy sets lower capital budget for 2021, targets positive free cash flow

Thursday, December 3, 2020, 6:20 AM MST

Baytex Energy Corp. says its is budgeting for capital spending of between $225 million and $275 million next year, a…

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Imperial Oil to write off up to $1.2 billion in Alberta natural gas assets

Wednesday, December 2, 2020, 6:20 AM MST

Shares in Imperial Oil Ltd. were rising after it announced late Monday it would write down up to $1.2 billion…

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Suncor Energy increases spending, oil production guidance for 2021

Wednesday, December 2, 2020, 6:17 AM MST

Suncor Energy Inc. is forecasting higher spending and production in 2021 based on benchmark U.S. oil prices staying near their…

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Enbridge pipeline linking oilsands to U.S. Midwest wins approval

Tuesday, December 1, 2020, 6:45 AM MST

An Enbridge Inc. pipeline that will help ship more Canadian crude to the U.S. Midwest received final approval, paving the…

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Imperial Oil to lay off 200 workers following cost cutting analysis

Thursday, November 26, 2020, 6:13 AM MST

Calgary-based Imperial Oil Ltd. said Wednesday it is laying off about 200 of its 6,000 employees across Canada as part…

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Imperial Oil set to end Syncrude services contract as Suncor becomes operator

Wednesday, November 25, 2020, 6:19 AM MST

Imperial Oil Ltd. says it will relinquish its contract to provide business management services to Syncrude Canada Ltd. when Suncor…

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Suncor agrees to begin operating Syncrude by end of next year

Tuesday, November 24, 2020, 6:19 AM MST

Suncor Energy Inc. says it has agreed to become the operator of the Syncrude project by the end of 2021,…

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Dear Mr. Pourbaix: Here’s an innovative approach to staff redeployment

Monday, November 23, 2020, 2:13 PM MST

To: Alex Pourbaix & Cenovus executive team From: Bill Whitelaw, Albertan privileged to work at the intersection of agriculture and…

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