News Energy Manufacturing General
October 26, 2020  

Cenovus to buy Husky Energy for $3.8B in shares, Pourbaix is CEO

He says combined company will be better able to weather energy market volatility, generate more cash flow, reduce debt and cut costs.

News Oil & Gas General
October 6, 2020  

Suncor Energy will cut 10% to 15% of its workforce over next 18 months

Cuts are to be made across the entire organization; will also affect Suncor’s contracted workers.

News Energy Oil & Gas General
September 2, 2020  

PetroChina, Ovintiv end joint venture, agree to split Alberta assets

Each to wind up with 13,000 barrels of oil equivalent per day and the same oil and gas reserves.

News Energy Manufacturing Oil & Gas General Production
September 2, 2020  

Oil sands pipeline partly closed following spill near Fort McMurray

Initial reports indicated about 550 barrels or 90,000 litres of light oil were released with no reported impacts.

Insight Energy Government Manufacturing Oil & Gas General Sustainability
September 1, 2020  

Only private investment will save Canada’s economy

Generating, rather than consuming government revenues will require a profound reversal by the Trudeau government.

News Energy Manufacturing Oil & Gas General Production
August 17, 2020  

Suncor shares slip after fire interrupts Fort McMurray oil sands output

Two upgraders at the project are working at minimum rates to process strip-mined bitumen inventory.

News Energy Oil & Gas General
August 17, 2020  

Suncor’s Fort McMurray base plant stalled until September due to fire

Blaze in the extraction area was contained quickly, and no one was hurt.

News Energy General
July 8, 2020  

Oil sands companies restoring production as demand spurs higher price

Executives are confident the oil price crisis is subsiding but are dismayed by recent setbacks for oil pipelines in the US.

News Energy General
July 7, 2020  

US Supreme Court deals blow to Keystone oil pipeline project

Upholds a lower court ruling that blocked a key environmental permit for the project.

News Energy Oil & Gas Economy General
May 14, 2020  

Norway’s wealth fund excludes oil sands investments over GHG emissions

Canadian Natural Resources, Cenovus Energy, Suncor Energy and Imperial Oil are out.

News Energy General
May 1, 2020  

Teck exits energy industry group CAPP, citing cost cutting

Resource company targeting $1 billion in cost reductions for 2020 – double what it proposed in October.

News Energy Manufacturing Oil & Gas General
April 21, 2020  

Husky cuts production by 80,000 bpd, Canadian total 365,000 bpd

Also cutting $700 million in capital budget, second reduction following an earlier cut of $900 million and $100 million in other spending.

News Energy Manufacturing Oil & Gas General
April 15, 2020  

US judge cancels permit for Keystone XL pipeline from Canada

Said the US Army Corps of Engineers failed to adequately consider effects on endangered species such as pallid sturgeon.

News Energy Manufacturing Oil & Gas General
April 14, 2020  

Canadian oilpatch cutbacks to continue despite OPEC deal

Doesn’t match the reduction in demand caused by measures taken to deal with the COVID-19 pandemic.

News Energy Manufacturing Oil & Gas General
April 7, 2020  

Work starts in Montana on disputed Canada US oil pipeline

Project has been tied up for years in legal battles and several court challenges are still pending.