Operating earnings were $580 million versus $1.31 billion, well below analyst expectations of $724 million.
Production averaged 831,000 barrels of oil equivalent per day, up 12% from Q3.
Cuts to reduce a glut that increases the discount the oil fetches compared with the North American benchmark.
Steve Williams led the way in support for environmental initiatives, supported Notley’s sweeping climate plan.
Judicial rulings affecting Keystone XL and Trans Mountain pipeline creating uncertainty.
There were no injuries as a result of the power disruption.
“Not getting the sense of urgency or support we would like from our partners at the moment”: Williams.
Revised output expected to be 422,500 barrels per day, down from 440,000 bpd.
Unifor is confident it will prevail when the new arbitration panel hears the case.
Energy company is ramping up production of its Fort Hills oil sands mine, but has approved no other major growth projects in northern Alberta.
Many Canadian companies find balancing the costs and matching needs with resources is difficult.
Will help deal with an issue that is constraining capacity on a line that feeds bitumen from the mine to the upgrader.
Unifor is now waiting to hear whether the Supreme Court of Canada will weigh in on the case.
Buying Mocal Energy’s 5% interest in the oil sands developer for approximately $920 million.
Will gradually build a fleet of more than 150 driverless trucks over the next six years.