Oilsands & Heavy Oil
New U.S. permit to boost Keystone pipeline oil exports by next year: TC Energy
Thursday, July 30, 2020, 6:39 PM MDT
The CEO of TC Energy Corporation says the company will begin moving more oil from Western Canada into the United…
Acceleware whitepaper demonstrates how electrification through RF XL could result in zero-GHG emissions for oilsands and heavy oil producers
Thursday, July 30, 2020, 7 AM MDT
The effects and costs of climate change and other environmental factors are hastening a global energy transition in which the…
Total writes off $9.3B in oilsands assets, cancels Canadian oil lobby membership
Wednesday, July 29, 2020, 9:38 PM MDT
French energy giant Total SA says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and…
Oilsands production expected to rebound after pandemic-linked 2020 slump
Wednesday, July 29, 2020, 6:11 AM MDT
A new report predicts Canadian oilsands production will have its biggest annual decline on record this year, dropping by an…
Deutsche Bank says it won't back any new oilsands or coal projects
Tuesday, July 28, 2020, 6:37 AM MDT
Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new…
MEG Energy records bigger Q2 loss on lower oil prices, reduced bitumen output
Tuesday, July 28, 2020, 6:16 AM MDT
Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil…
Cenovus takes advantage of cheap credits to boost oil output
Monday, July 27, 2020, 6:40 AM MDT
Cenovus Energy Inc. is taking advantage of a plunge in the price for credits that allow the oilsands company to…
Suncor Energy facing environmental charges
Monday, July 27, 2020, 6:26 AM MDT
Suncor Energy Inc. is facing seven environmental charges for an incident alleged to have occurred two years ago at its…
Cenovus, Suncor choose different paths on restoring oil output as prices recover
Thursday, July 23, 2020, 4:59 PM MDT
Two of Canada's biggest oilsands producers are taking different approaches to restoring production that was shut down during the pandemic…
Suncor CEO signals caution about restarting oil output as economy recovers
Thursday, July 23, 2020, 4:55 PM MDT
The CEO of Suncor Energy Inc. says the company won’t quickly ramp up oil production despite recent higher crude prices…
Cenovus Energy swings to $235 million loss in second quarter on weak oil prices
Thursday, July 23, 2020, 6:18 AM MDT
Cenovus Energy Inc. swung to a $235-million loss in the second quarter reflecting weak crude oil prices early in the…
Suncor reports Q2 net loss of $614M as production falls by almost one fifth
Thursday, July 23, 2020, 6:15 AM MDT
Suncor Energy Inc. is reporting a second-quarter net loss of $614 million after it cut back on production to deal…
