Oilsands & Heavy Oil

ExxonMobil CEO cites Canadian GHG reduction efforts

Monday, December 6, 2021, 2:25 PM MST

(Houston) — Oil and gas companies must deliver on climate action while also ensuring low-cost and secure energy supply, the…

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Parkland moves to pause refinery operations due to Trans Mountain shutdown

Wednesday, November 24, 2021, 6:25 AM MST

Parkland Corp. is moving to pause its refinery processing operations in Burnaby, B.C., due to a lack of crude oil…

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Energy crisis gives oilsands producers windfall for green projects

Friday, November 19, 2021, 7:22 AM MST

The global energy crisis that many blame on efforts to move away from fossil fuels is actually giving new momentum to the…

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Ottawa must consult provinces on emissions cap for oil, gas industry: Alberta premier

Tuesday, November 16, 2021, 6 AM MST

Alberta Premier Jason Kenney warned the federal government on Monday that it must consult with the provinces as Ottawa moves…

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Oilpatch drilling activity to rise in 2022, new PSAC forecast suggests

Friday, November 12, 2021, 6:20 AM MST

Drilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast. The…

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Canadian Natural Resources to acquire Storm Resources for $6.28 per share

Friday, November 12, 2021, 6:12 AM MST

Canadian Natural Resources Ltd. (CNRL) says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources…

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MEG Energy CEO doesn't expect Line 5 dispute to hurt ability to move heavy oil

Wednesday, November 10, 2021, 6:29 AM MST

The chief executive of MEG Energy said Tuesday he doesn't expect the ongoing dispute between Canada and the U.S. over…

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MEG Energy again increases annual production guidance after third quarter results

Tuesday, November 9, 2021, 6:28 AM MST

MEG Energy Corp. boosted its output forecast for the year after swinging to a $54-million profit in its latest quarter…

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Canadian Natural reports Q3 profit, raises quarterly dividend

Friday, November 5, 2021, 6:11 AM MDT

The chief executive of Canadian Natural Resources Ltd. says Canada's oil and gas sector is banking on technology and innovation to reduce its greenhouse gas footprint…

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Alberta sends fewer to COP than any other energy province

Thursday, November 4, 2021, 6:33 AM MDT

The province with Canada's largest oil and gas industry has sent one of the country's smallest delegations to the COP26…

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Cenovus reports $551M Q3 profit, doubles dividend and plans share buyback

Thursday, November 4, 2021, 6:13 AM MDT

Cenovus Energy Inc. doubled its dividend and announced a share buyback plan for up to 10 per cent of its…

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Imperial Oil praises the 'difference a year makes'; reports $908M Q3 profit

Tuesday, November 2, 2021, 6:02 AM MDT

Imperial Oil Ltd.'s chief executive lauded ``what a difference a year makes'' as the Calgary-based company reported its highest third-quarter…

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