Oilsands & Heavy Oil
Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 million
Monday, August 8, 2022, 2:53 PM MDT
Cenovus Energy Inc. has signed a US$300-million deal that it says marks another step forward in its long-term strategy to…
Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO
Friday, August 5, 2022, 1:45 PM MDT
The new interim CEO of Suncor Energy Inc. says the oil and gas giant is ready to stop studying its…
Suncor’s Q2 net profit increases more than fourfold year over year
Friday, August 5, 2022, 6:30 AM MDT
Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than…
Canadian Natural reports $3.5B profit in second quarter amid oil price spike
Thursday, August 4, 2022, 2:11 PM MDT
Canadian Natural Resources Ltd. reported a second-quarter profit that was more than double what it made in the same period…
Proposed emissions cap on oil and gas sector 'overly ambitious': CNRL
Thursday, August 4, 2022, 2:05 PM MDT
The head of Canada's largest oil-and-gas producing company criticized the federal government's proposed emissions cap for the energy sector Thursday,…
Imperial Oil CEO says Feds' approach to emissions getting 'very aggressive'
Tuesday, August 2, 2022, 6:21 AM MDT
Imperial Oil Ltd. CEO Brad Corson said Friday the federal government's strategy to reduce emissions and reach net-zero amounts to…
MEG Energy posts $225 million profit, completes turnaround at Christina Lake facility
Friday, July 29, 2022, 6:25 AM MDT
MEG Energy Inc. reported a $225-million profit in its latest quarter as it completed on time and on budget the…
Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit
Friday, July 29, 2022, 6:16 AM MDT
Cenovus Energy Inc. chief executive Alex Pourbaix said Thursday that inflation has been “manageable'' for the energy company so far…
Cenovus posts massive upswing in profit as Q2 net earnings reach $2.4 billion
Thursday, July 28, 2022, 6:24 AM MDT
Cenovus Energy Inc. recorded a massive upswing in profit in its latest quarter amid increased commodity prices and higher margins.…
Feds propose to cap oil, gas emissions using industry specific carbon pricing system
Monday, July 18, 2022, 6:23 AM MDT
The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a…
Canada’s oilsands look into use of nuclear power as 'net zero changes everything'
Monday, July 18, 2022, 6:14 AM MDT
The pressing global need to slash emissions in the face of a growing climate crisis is driving renewed interest in…
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…
