Oilsands & Heavy Oil


Ottawa orders independent review panel for Suncor Energy oilsands mine extension

Monday, February 1, 2021, 6:05 AM MST

Ottawa says it is referring the impact assessment of a Suncor Energy Inc. oilsands mine extension in northern Alberta to…

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Canadian drilling forecast rises on bump in commodity price expectations

Friday, January 29, 2021, 6:18 AM MST

The association representing oilfield service companies is boosting its 2021 drilling forecast by 29 per cent thanks to a stronger…

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Cenovus unveils capital spending plan, confirms up to 2,150 layoffs still targeted

Friday, January 29, 2021, 6 AM MST

Most of the hundreds of layoffs expected in the wake of Cenovus Energy Inc.'s takeover of rival Husky Energy Inc.…

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Cenovus Energy plans $2.3 billion to $2.7 billion in capital spending for 2021

Thursday, January 28, 2021, 6:28 AM MST

Cenovus Energy Inc. says its capital spending this year will total between $2.3 billion and $2.7 billion The 2021 budget…

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Cautious optimism rules oilpatch as fourth quarter reporting season dawns

Thursday, January 28, 2021, 6:24 AM MST

Canada’s oil and gas producers are expected to maintain spending discipline in 2021 as optimism from stronger oil prices is…

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Indigenous business coalition leader says Keystone XL denial will hurt communities

Monday, January 25, 2021, 6:09 AM MST

The cancellation of the Keystone XL pipeline by U.S. President Joe Biden is a major setback for Canadian Indigenous people,…

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Political scientists say Kenney must rethink pugilistic approach on oil, environment

Friday, January 22, 2021, 6:22 AM MST

Political analysts say Premier Jason Kenney must rethink his traditional “fight back” approach and start building bridges to reconcile environmental…

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Irving Oil lays off 60 workers from Saint John refinery, citing collapse in demand

Friday, January 22, 2021, 6:16 AM MST

Irving Oil has laid off 60 workers from its Saint John refinery, saying the pandemic has had an “extreme and…

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Loss of Keystone XL pipeline expected to hurt future oilpatch growth: experts

Friday, January 22, 2021, 6:11 AM MST

Western Canada's oil producers will likely cope better with Joe Biden's cancelling of the Keystone XL presidential permit than they…

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Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares

Thursday, January 21, 2021, 6:04 AM MST

Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per…

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An outright 'No': Biden's Day 1 Keystone XL kibosh bodes ill for Canada U.S. ties

Tuesday, January 19, 2021, 6:27 AM MST

North America's perennial pipeline debate erupted anew Monday as president-elect Joe Biden's Day 1 plan to kill off the Keystone…

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TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

Tuesday, January 19, 2021, 6:08 AM MST

Sustainable investing experts say TC Energy Corp.'s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes,…

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