Oilsands & Heavy Oil
Suncor's safety record in the spotlight as activist investor calls for change
Tuesday, May 3, 2022, 6:19 AM MDT
A string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as…
TC Energy interested in helping bring nuclear power to oilsands
Monday, May 2, 2022, 6:11 AM MDT
The head of Canadian pipeline giant TC Energy Corp. says the company sees a future opportunity to get involved in…
Imperial Oil posts $1.17B first quarter profit, best in over 30 years
Friday, April 29, 2022, 12:01 PM MDT
High oil prices helped Imperial Oil Ltd. post its highest first-quarter profit in over 30 years, though production at the…
Elliott Investment Management seeking changes at Suncor Energy
Friday, April 29, 2022, 6:24 AM MDT
One of North America's most aggressive activist investors has set its sights on Suncor Energy Inc., seeking an overhaul of…
Federal tax credit not enough to get carbon capture projects built: Cenovus CEO
Thursday, April 28, 2022, 6:13 AM MDT
The investment tax credit unveiled by the federal government earlier this month isn't enough to convince Canada's major oilsands producers…
Cenovus Energy reports $1.6B first quarter profit, triples dividend
Wednesday, April 27, 2022, 6:26 AM MDT
Cenovus Energy Inc. tripled its dividend as it reported a first-quarter profit of $1.6 billion. The company says its base…
CNOOC wins regulatory approval to restart oilsands upgrader
Monday, April 18, 2022, 6:30 AM MDT
CNOOC Ltd. was granted permission to resume operation of its long-shuttered Long Lake oilsands upgrader amid a report that the…
Budget 2022: Ottawa unveils $2.6B carbon capture tax credit for energy sector
Friday, April 8, 2022, 6:11 AM MDT
Ottawa is urging oil and gas companies to move quickly to take advantage of a major new tax credit for…
Guilbeault pens letter to Suncor over oilsands mine expansion
Friday, April 8, 2022, 6:09 AM MDT
Federal Environment Minister Steven Guilbeault has warned Canada’s biggest oilsands producer that its planned mine expansion may not meet climate…
One person sent to hospital following fire at Suncor refinery
Thursday, March 31, 2022, 6:49 AM MDT
Suncor Energy Inc.’s efforts to improve its safety record suffered a setback on Wednesday after a person was injured due…
Carbon capture tax credit a divisive topic; opinions split over potential benefits
Thursday, March 31, 2022, 6:23 AM MDT
A forthcoming federal tax credit for carbon capture and storage is spurring debate between those who say it will help…
Alberta Appeal Court keeps $217 million oilpatch cleanup liability case alive
Tuesday, March 29, 2022, 6:12 AM MDT
A bankruptcy hearing that could determine whether more than $200 million in oilpatch environmental liabilities wind up on the public…
