Joins other energy players that have reduced their exposure in the oil sands.
Company and partner Husky Energy assess next steps for drilling near the Bay du Nord field.
Surprise sale agreement includes Statoil’s six-year-old Leismer thermal oil sands project.
Facility had been producing about 20,000 barrels of bitumen a day before the fire began.
Green groups question their sincerity; offer “contains nothing meaningful.”
Norwegian oil company says layoffs are part of a 2013 cost cutting program.
Fires south of Fort McMurray also closed Cenovus and CNRL sites over the weekend.
Norweigan oil company blames concerns about rising costs.
New discovery of light, high-quality oil in Flemish Pass Basin.
Nizar Somji’s counsel argues no direct evidence of insider trading allegations.