Oilsands & Heavy Oil
Imperial Oil expects $1.4 billion in capital spending next year
Friday, December 17, 2021, 6:56 AM MST
Imperial Oil Ltd. says it expects its capital spending to total $1.4 billion next year. The company says the plan…
Cenovus to sell Tucker oilsands project for $800M; buyer not yet disclosed
Friday, December 17, 2021, 6:05 AM MST
Cenovus Energy Inc. says it has reached a deal to sell its Tucker thermal oilsands project in northeast Alberta for…
Suncor expects production to rise five per cent next year, trims capex plan
Monday, December 13, 2021, 6:50 AM MST
Suncor Energy Inc. says it expects its production next year to rise about five per cent compared with 2021. The…
Limits on oil production no longer needed, Alberta government says
Friday, December 10, 2021, 6:16 AM MST
Alberta will let its oil production curtailment policy expire on Dec. 31. UCP Energy Minister Sonya Savage says the province…
Politicians raise concerns about carbon pricing benefits given to oilsands companies
Thursday, December 9, 2021, 6:31 AM MST
Federal and Alberta Opposition politicians want the province to be more transparent about a government program supporting profitable oilsands and…
Feds expected to release details of carbon capture tax credit soon, says Cenovus
Thursday, December 9, 2021, 6:23 AM MST
Cenovus Energy Inc. says Ottawa's forthcoming release of details about its proposed tax credit for carbon capture, utilization and storage…
Cenovus Energy plans $2.6 billion to $3 billion capital spending budget for 2022
Thursday, December 9, 2021, 6:17 AM MST
Cenovus Energy Inc. has increased its capital spending budget for next year, against the backdrop of a global commodity boom…
Savage looks ahead to the next World Petroleum Congress in Calgary
Wednesday, December 8, 2021, 3:52 PM MST
As the 23rd World Petroleum Congress in Houston comes to an end this week, Alberta Energy Minister Sonya Savage is already…
Suncor CEO shines spotlight on oilsands partnership, need for collaboration to cut GHG emissions
Wednesday, December 8, 2021, 3:35 PM MST
(Houston) — An “unprecedented global collaboration” like the Oil Sands Pathways to Net Zero initiative is just the type of…
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…
