Suncor Energy Inc. says Steve Williams will retire as chief executive after the company’s annual meeting next May. Continue reading →

That means 80,000 barrels per day of diluted bitumen is instead joining the queue to be placed on overcrowded pipelines leaving the province. Continue reading →

The Canadian Association of Petroleum Producers estimates Canadian oil price discounts are costing the economy billions of dollars. Continue reading →

Imperial Oil decided to go ahead with construction on Aspen during a slow time in the oilsands because it hopes less competition will save money on labour and component costs. Continue reading →

Two new oilsands projects with the combined capacity to produce up to 200,000 barrels per day have been approved by the Alberta Energy Regulator but proponent Imperial Oil Ltd. isn’t saying when or if it will build them. Continue reading →

The CEO of MEG Energy Corp. says shareholders should continue to ignore a hostile takeover bid by Husky Energy Inc. because “by their own admission, Husky can afford to pay a lot more.” Continue reading →

Suncor Energy Inc. is reporting third-quarter operating income of $1.56 billion, an 80 per cent increase over $867 million in the same period of 2017. Continue reading →

The National Energy Board says renewable sources of electricity in Canada will grow over the next 20 years but so will Canadian oil and natural gas production. Continue reading →

That’s up more than 11 per cent from 206,624 bpd in July and 91 per cent from just under 120,000 bpd in August 2017. Continue reading →

The CEO of the Royal Bank says the oil and gas sector is poised to deliver billions of dollars in new revenue to Canadian governments over the next decade by meeting growing global energy demand but it can’t do it without urgently needed support. Continue reading →