Crescent Point Energy names new chief executive as part of transformation plan
Craig Bryksa named interim president and chief executive.
Federal government spending $4.5B to buy Trans Mountain pipeline, B.C. terminal
The feds will take over construction, likely in August, with a view to eventually selling the whole thing down the road.
Trudeau mum on pipeline even as May 31 deadline looms
Financial discussions continue, but he also says there is nothing yet to say publicly.
Green leader Elizabeth May gets $1,500 fine for contempt in pipeline arrest
Arrested in March protesting the Trans Mountain pipeline expansion in Burnaby, BC.
Oil sands pilot project closed due to 2016 wildfire won’t be restarted
Japex has abandoned the development due to low oil prices and the technical risks of reactivating the wells.
Shell launches methane detection pilot
Initiative aims to enable better early detection and repair of methane leaks.
Syncrude charged in heron deaths at Alberta oil sands mine
Energy producer charged under Environmental Protection and Enhancement Act, could face $500K penalty.
Oil sands pioneer Rick George passes away at 67
Former Suncor CEO was battling acute myeloid leukemia.
AER turns to Supreme Court on well abandonment ruling
2016 decision ruled assets from bankrupt energy companies should go first to creditors, not to cleaning up abandoned oil wells.
How the oil sands changed Alberta and Canada forever
What started in the 1920s as Robert Fitzsimmons’ ticket to riches has turned into an industry that attracted $34 billion in investment in 2014.
EIA shows oil sands saw major reserve writedown in 2016
Data shows oil sands reserves from 68 US-listed companies dropped by about 7.7 billion barrels.
Suncor files for approval of 160,000 bpd Lewis thermal oil sands project
Company says construction on its first phase may begin in 2024.
Researchers tout more accurate way to measure oil sands pollutants
Research focuses on volatile organic compound, which can be damaging to the environment and human health.
Cenovus to accelerate drilling on acquired ConocoPhillips gas properties
Company will spend $650 million in 2019 to drill up to 120 wells in the Deep Basin of northeastern BC and northwestern Alberta.
$17.7B Cenovus deal seen as likely to be last oil sands blockbuster
Analysts note there are fewer significant assets available after more than a year of consolidation transactions.
Suncor to meet 2017 production targets despite Syncrude upgrader fire
Fire burned for two days and injured one employee.
AER rejects Suncor oil sands tailing pond strategy
Regulator rules company didn’t prove its plan to use water cap to contain tailings was a viable enough option.
One hurt in fire at Syncrude oil sands site
Fire at the Mildred Lake upgrader has been isolated and is under control.
As technology replaces jobs, a leaner oilpatch emerges from downturn
Automation and other labour-saving efficiencies will likely keep many jobs from returning with the economic recovery.
AER shuts down Lexin Resources’ oil and gas operations
Regulator says the company owes $1 million in levies to the Orphan Well Association, $70 million in security for reclamation obligations.
Keystone XL is alive, maybe: Trump signs order potentially reviving pipeline
Order invites TransCanada Corp. to re-submit an application for a permit.
Cheers, jeers for Trudeau at Calgary town hall
Prime Minister grilled on oil sands stance, how Canada will deal with Trump administration.
Penn West nearly doubles capital spending plans
The company has also announced changes to senior management.
Canadian Natural Resources fined $10K following accident that killed two
April 2007 tank farm collapse at the Horizon oil sands project injured five others.
Encana expects 2017 profit margin will be 25% higher than October projection
Projection based on anticipated cost reductions and higher total volumes in the second half of this year.
Statoil sells oil sands assets to Athabasca Oil in $832M deal
Surprise sale agreement includes Statoil’s six-year-old Leismer thermal oil sands project.
Husky Energy to increase 2017 budget, boost daily output
Production is also scheduled to rise from several heavy-oil thermal projects.
Cenovus to boost 2017 spending by 24%
Energy producer will resume Christina Lake expansion.
Worst may be over for Alberta economy: Conference Board
Forecast suggests modest real GDP growth of about 2.2% in 2017.
Hiring plans stall as 65% of oil and gas companies trim staff
15% expect some growth and about half predict stability, according to Hays Canada survey.
Notley defends oil sands group appointees
Wildrose party wants them fired.
Fort McMurray wildfire recovery to spur $5.3B in spending
Ramp-up in reconstruction is expected to create about 9,000 jobs next year.