Oilsands & Heavy Oil
Junior oilsands producer Osum endorses Waterous Energy's sweetened takeover bid
Friday, February 19, 2021, 6:26 AM MST
The leadership at private junior oilsands producer Osum Oil Sands Corp. say they will sell their shares after Waterous Energy…
TC Energy expects 'substantive' charge related to Keystone XL permit revocation
Thursday, February 18, 2021, 6:14 AM MST
TC Energy Corp. says it expects to take a “substantive'' charge when it reports its first-quarter results for 2021 due…
Teck Resources takes Fort Hills charge, reports Q4 loss
Thursday, February 18, 2021, 6:10 AM MST
Teck Resources Ltd. reported a loss in its fourth-quarter as the company took a hit related to its investment in…
Top netbacks: Oil and gas weighted producers
Tuesday, February 16, 2021, 6:41 AM MST
New data from Evaluate Energy shows that MEG Energy’s oilsands operations generate the highest overall operating netback per barrel among…
First Nation lauds plan to protect traditional land use in oilsands management plan
Wednesday, February 10, 2021, 6:33 AM MST
The Alberta government says it has completed a plan to manage oilsands development in an area near the Fort McKay…
Cenovus Energy reports $153M Q4 loss compared with $113M profit a year ago
Tuesday, February 9, 2021, 6:07 AM MST
Cenovus Energy Inc. reported a loss in the final quarter of 2020 compared with a profit a year earlier. The…
Suncor Energy restarts carbon emission cutting projects despite vow of austerity
Friday, February 5, 2021, 6:07 AM MST
The CEO of Suncor Energy Inc. says it will not increase capital spending this year despite higher oil prices, instead…
Suncor Energy notes fourth quarter loss on lower revenue, writedowns
Thursday, February 4, 2021, 6:13 AM MST
Suncor Energy Inc. is reporting a fourth-quarter net loss of $168 million or 11 cents per share, compared with a…
Hit by pandemic, oil giants Exxon, BP post huge 2020 losses
Wednesday, February 3, 2021, 6:10 AM MST
Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil…
Imperial Oil reports loss, sees pandemic related fuel demand cut
Wednesday, February 3, 2021, 6:06 AM MST
Sagging fuel demand due to lockdowns to deal with a second wave of the COVID-19 pandemic is again cutting into…
Imperial Oil reports $1.15B Q4 loss due to a writedown of unconventional asset
Tuesday, February 2, 2021, 6:32 AM MST
Imperial Oil Ltd. reported a loss of $1.15 billion for its fourth-quarter as it took a $1.17-billion non-cash charge related…
Alberta gives inquiry into oil and gas critics another extension to complete report
Monday, February 1, 2021, 6:23 AM MST
The Alberta government has given an inquiry into the funding of oil and gas industry critics another deadline extension to…
