Oilsands & Heavy Oil
Oil refiners in China log another record in challenge to U.S.
Thursday, July 15, 2021, 6:25 AM MDT
Chinese oil companies processed a record volume of crude in June, offering further signs that Asia’s largest economy may surpass…
Brookfield Infrastructure boosts hostile bid for Inter Pipeline
Thursday, July 15, 2021, 6:19 AM MDT
Brookfield Infrastructure Partners LP raised its hostile offer for Inter Pipeline Ltd. to C$8.6 billion ($6.8 billion) in cash in…
Brookfield says it may sweeten pipeline bid after Alberta ruling
Tuesday, July 13, 2021, 6:33 AM MDT
Brookfield Infrastructure Partners LP said it’s considering “further enhancements” to its hostile takeover bid for Inter Pipeline Ltd., one day…
Regulator says Brookfield used 'abusive' tactics in hostile bid for Inter Pipeline
Tuesday, July 13, 2021, 5:57 AM MDT
Alberta's securities regulator has said Brookfield Infrastructure Partners LP used “abusive'' tactics in its attempt to acquire Calgary-based Inter Pipeline…
Oilsands carbon cuts come with $60 billion bill, loose ends
Thursday, July 8, 2021, 6:14 AM MDT
It will cost about C$75 billion ($60 billion) to zero out greenhouse gases from oilsands operations by 2050, with a…
Government of Alberta takes 50% stake in Sturgeon Refinery for $825 million
Tuesday, July 6, 2021, 6:02 AM MDT
The Alberta government is taking 50 per cent ownership of the controversial Sturgeon Refinery by paying $825 million to reduce…
How are North American oil and gas producers using their cash?
Monday, June 28, 2021, 6:19 AM MDT
Early 2021 saw revenues and operating cash flow soar in the North American oil and gas industry. A new report…
Key U.S. oil storage hub seen depleting as producers hold tight
Friday, June 25, 2021, 6:40 AM MDT
Crude oil inventories in America’s largest storage hub are falling fast as the post-pandemic demand rebound continues to outpace production.…
Brookfield Infrastructure revises Inter Pipeline bid to include all cash option
Friday, June 18, 2021, 6:39 AM MDT
Brookfield Infrastructure Partners LP has revised its hostile takeover offer for Inter Pipeline Ltd. to give shareholders the option to…
Suncor to increase minority stake in Terra Nova as part of ownership restructuring
Thursday, June 17, 2021, 6:13 AM MDT
Suncor Energy Inc. says it has reached an agreement in principle to increase its minority ownership of the Terra Nova…
Canada's crude oil exports have increased 15-fold in 30 years: report
Tuesday, June 15, 2021, 6:04 AM MDT
The value of crude oil exports from Canada has increased over 15-fold in the last 30 years, according to a…
Minnesota court affirms approval of Line 3 oil pipeline
Monday, June 14, 2021, 3:26 PM MDT
The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Inc's Line 3 oil pipeline replacement project, in…
