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…

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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…

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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…

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‘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…

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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…

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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.…

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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…

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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…

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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…

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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,…

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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…

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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…

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