Oilsands & Heavy Oil
Imperial Oil raises dividend as high crude prices power Q4 profit, revenues
Wednesday, February 2, 2022, 6:15 AM MST
Imperial Oil Limited is raising its quarterly dividend after higher crude oil prices contributed to a doubling of revenues and a…
Oilsands stocks surge even as climate-conscious exit
Friday, January 28, 2022, 7:01 AM MST
Canada’s oil companies are outperforming their energy-producing peers as the highest oil prices in seven years brings a windfall of…
CAPP expects oil and gas investment to rise 22 per cent this year to $32.8 billion
Friday, January 21, 2022, 6:11 AM MST
Canada's largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a…
Suncor provides details on worker death; CEO says recent incidents 'not acceptable'
Wednesday, January 19, 2022, 6:25 AM MST
The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck…
Oilsands alliance to focus on industry sustainability, advancing net zero ambitions
Monday, January 17, 2022, 6:12 AM MST
Canada's largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and…
Canadian oil can be part of transition if it gets cleaner, IEA head says
Friday, January 14, 2022, 6:16 AM MST
The executive director of the International Energy Agency says Canadian oil and gas can be part of the transition to…
Oilsands exports to Asia reach record with new link
Monday, January 10, 2022, 6:48 AM MST
Oilsands producers were able to export a record amount of crude to overseas markets thanks to a new link to the…
Survey finds oilsands environmental monitoring ineffective after 10 years
Monday, January 10, 2022, 6:17 AM MST
Alberta doesn't have a good grasp of the overall environmental impacts of the oilsands a decade after implementing monitoring that…
Oilsands companies focusing on essential work only as omicron sweeps country
Monday, January 10, 2022, 6:11 AM MST
Alberta’s oilsands are maintaining production levels with critical staff only as operators try to minimize the workforce impact of the…
Cenovus shares hit highs not seen since 2017 ConocoPhillips deal
Friday, January 7, 2022, 6:30 AM MST
For a few fleeting hours Thursday, shares of Cenovus Energy Inc., one of Canada’s biggest oil producers, bounced back to…
Worker killed, 2 injured, in truck crash at Suncor mine site
Friday, January 7, 2022, 6:13 AM MST
A worker was killed, and two others injured in a truck crash at Suncor Energy Inc.'s Base Mine site north…
Deep freeze disrupts crude flows in oilsands and Bakken
Thursday, January 6, 2022, 6:43 AM MST
A deep-freeze in Canada and Northern U.S. is disrupting oil flows, causing a surge in crude prices just as American…