Canadian Oil Sands

• Fort McMurray wildfire contributes to $735M loss for Suncor

  The Calgary-based company said late Wednesday the fire that raged through the region meant it failed to produce about 20 million barrels of upgraded and raw bitumen from its oilsands projects. It said it spent $50 million related to evacuation and restart activities, offset by $180 million in cost savings while operations were suspended.

  Money

  Jul 27, 2016
  
• Alberta oil sands group apologizes for ‘Hot lesbians’ ad

  An Alberta pro-oil sands group is apologizing for a controversial advertisements that's received heavy criticism.

  Canada

  Jul 26, 2016
  
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• Suncor increases stake in Syncrude oilsands project

  Suncor Energy is buying another major chunk of Syncrude in a $937-million deal that will give it majority control over the massive oilsands project.

  Canada

  Apr 27, 2016
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• Canadian Oil Sands overhauls management ahead of Suncor takeover

  Canadian Oil Sands Ltd., on the brink of being taken over by Suncor Energy, has overhauled its senior leadership team and board of directors.

  Canada

  Feb 8, 2016
• Suncor gets nearly 73% of Canadian Oil Sands shares

  Suncor Energy has announced that nearly 73 per cent of Canadian Oil Sands shares and accompanying rights have been tendered to Suncor's offer.

  Economy

  Feb 6, 2016
• Suncor, Canadian Oil Sands come to terms on $6.6B deal

  Suncor Energy has raised the stock portion of its takeover offer for Canadian Oil Sands by 12 per cent, resulting in a $6.6-billion friendly deal that ends a public battle between the two Calgary-based companies.

  Money

  Jan 18, 2016
• Suncor has extended its takeover offer for Canadian Oil Sands until Jan. 27.

  Suncor Energy has extended is $4-billion bid for Canadian Oil Sands until Jan. 27.

  Economy

  Jan 8, 2016
• Suncor Energy hostile bid for Canadian Oil Sands to expire at 6 p.m. MST

  Shareholders in Canadian Oil Sands have until this evening to decide whether to accept a takeover offer from Canada's dominant oilsands producer.

  Economy

  Jan 8, 2016
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• Canadian Oil Sands, Suncor ramp up rhetoric ahead of takeover deadline

  Suncor Energy and Canadian Oil Sands are revving up their rhetoric ahead of a Friday deadline facing COS shareholders on whether to accept a hostile takeover.

  Money

  Jan 4, 2016
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• Canadian Oil Sands repeats message to shareholders to reject Suncor bid

  Canadian Oil Sands is again urging its shareholders to reject a takeover bid by Suncor Energy, which has set Jan. 8 as the deadline for investors.

  Money

  Dec 29, 2015