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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
