Oilsands & Heavy Oil
Suncor says president and CEO Mark Little has stepped down, resigns from board
Monday, July 11, 2022, 6:46 AM MDT
Suncor Energy Inc. chief executive Mark Little has stepped down as president and chief executive officer and resigned from its…
Crescent Point raising quarterly dividend again
Friday, July 8, 2022, 6:09 AM MDT
Crescent Point Energy Corp. is raising its quarterly dividend after announcing it has sold off some of its non-core assets…
Contract worker dies at Suncor Base Plant Mine
Thursday, July 7, 2022, 2:10 PM MDT
Suncor confirmed Thursday that a contractor was killed Thursday morning at the site north of Fort McMurray. The victim's name…
‘Over the top hypocrisy’ of F1 oilsands protest helps Alberta's case, Kenney argues
Friday, June 24, 2022, 6:30 AM MDT
The “over-the-top hypocrisy” outspoken Formula One driver Sebastian Vettel displayed on his T-shirt and helmet last weekend in Montreal is…
Award-winning Alberta manufacturer receives prestigious Green Seal Certification for its GHG reductions
Monday, June 20, 2022, 6 AM MDT
After winning three innovation awards in 2021 for its leadership in Clean Technology & Smart Connected Equipment, Edmonton-based Thermal Intelligence…
BP sells oilsands stake to Cenovus, snaps up stake in Canadian offshore project
Monday, June 13, 2022, 6:38 AM MDT
(Bloomberg) — BP Plc sold out of Canada’s oilsands, divesting its stake in the Sunrise project to Cenovus Energy Inc.…
Alberta First Nations want consultation, benefits from oilsands carbon storage plans
Thursday, June 9, 2022, 6:22 AM MDT
Several Alberta First Nations have told the province's government and energy industry that they must be consulted and share in…
MEG Energy initiates buyback with 3.4 million shares bought
Wednesday, June 1, 2022, 6:51 AM MDT
MEG Energy Corp. started a share buyback by purchasing 3.4 million of its own securities. The oilsands producer paid C$21.85…
Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts
Wednesday, May 11, 2022, 6:08 AM MDT
Suncor Energy Inc. now has strong first-quarter earnings in its arsenal and a publicized plan to improve worker safety, but…
Suncor uninterested in selling Petro Canada, CEO says despite shareholder pressure
Tuesday, May 10, 2022, 1:29 PM MDT
Suncor Energy Inc. is not interested in selling off its Petro-Canada retail network, the oil giant's chief executive said Tuesday,…
Suncor Energy reports earnings of $2.95B as oil prices surge
Tuesday, May 10, 2022, 6:13 AM MDT
Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period…
MEG Energy has record quarter as high prices boost profits and revenues up 68%
Tuesday, May 3, 2022, 6:22 AM MDT
MEG Energy Inc. says higher energy prices contributed to it earning a $362-million profit in its latest quarter as revenues…
