Oilsands & Heavy Oil

Sale of Husky stations stopped, Asia Pacific assets being assessed, says Cenovus CEO

Tuesday, April 6, 2021, 5:16 PM MDT

The CEO of Cenovus Energy Inc. says the process to sell Husky Energy Inc.'s chain of retail fuel stations was…

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Industry optimism rising with production but producers still cautious

Tuesday, April 6, 2021, 5:12 PM MDT

Predictions of the end of the oil industry during a global price war and the pandemic a year ago have…

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Oilpatch workforce faces more cuts this year before rebound in 2022-23, says PetroLMI

Thursday, March 25, 2021, 6:08 AM MDT

Canada's oil and gas workforce is expected to shrink by almost 7,300 jobs this year thanks to layoffs linked to…

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Oilsands companies prominent among producers projecting largest 2021 capex growth

Wednesday, March 24, 2021, 6:02 AM MDT

Three Canadian oilsands operators are prominent among larger producers in North America projecting the greatest percentage rise in capital spending…

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Suncor invests in carbon capture technology firm Svante

Friday, March 19, 2021, 6:05 AM MDT

Suncor Energy Inc. says it is investing in carbon capture technology company Svante Inc. as it looks for ways to…

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States sue Biden in bid to revive Keystone XL pipeline

Thursday, March 18, 2021, 6:27 AM MDT

Texas and other red states sued the Biden administration for cancelling the $8 billion Keystone XL pipeline, stepping up a…

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Funding gained for commercial pilot to test radio frequency oilsands tech: Acceleware

Thursday, March 18, 2021, 6:10 AM MDT

A company investigating the use of radio frequency energy as a cleaner and cheaper way to produce bitumen from the…

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Acceleware’s Laura McIntyre is positively choosing to challenge industry

Sunday, March 7, 2021, 9:04 PM MST

As we celebrate International Women’s Day – honouring the social, economic, cultural and political achievements of women, the power of…

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Oilsands give OPEC a boost with half-million-barrel output cut

Friday, March 5, 2021, 6:16 AM MST

Major oilsands producers in Western Canada will idle almost half a million barrels a day of production next month, helping…

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Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent

Thursday, March 4, 2021, 3:19 PM MST

The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil…

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Alberta budget holds out hope for Keystone XL with no provisions

Friday, February 26, 2021, 6:55 AM MST

Alberta’s budget came with no provisions for investments that the Canadian province made in the Keystone XL pipeline, even after…

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Imperial Oil reports one billion barrel drop in bitumen reserves at end of 2020

Friday, February 26, 2021, 6:23 AM MST

Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low…

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