It’s responsible for about 56 million tonnes per year of the total of 71 million tonnes of GHGs emitted.
Will help deal with an issue that is constraining capacity on a line that feeds bitumen from the mine to the upgrader.
Money is to be used for loan guarantees, grants and royalty credits.
Report to the UN shows Canada is 66 megatonnes short of its target, a 50% increase for 18 month ago.
As much as 30% more bitumen could be stuffed into existing pipelines if it is partially refined.
Every US dollar increase in the price difference costs the company $125 million in revenue.
Buying Mocal Energy’s 5% interest in the oil sands developer for approximately $920 million.
Cenovus said drill rig site has been shut down for an investigation.
Will gradually build a fleet of more than 150 driverless trucks over the next six years.
Interprovincial trade in electricity is one of the possible lines of pursuit.
Many oil sands lodges have been “temporarily” closed because they don’t have enough guests to cover the bills.
Units will replace boilers that currently use petroleum coke as fuel.
Continues a trend to bolt on brownfield production to avoid the high costs and risks of building new mines.
Working to develop scientific tools for future investigations; significant advancements have been made since 2014.
Wary of cost inflation and unconvinced that recent price increases will last.