Three of Canada’s biggest oilsands producers are going directly to voters today to ask them to “influence the outcome” of big decisions concerning the oil and gas sector as a fall federal election looms. Continue reading
The Alberta government’s move to cut corporate taxes has added more than $2 billion to second-quarter net incomes of major oilsands producers Suncor Energy Inc., Husky Energy Inc. and Cenovus Energy Inc. Continue reading
The Alberta Liabilities Disclosure Project said the province’s largest oil and gas companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades. Continue reading
Cenovus says its thermal oilsands operations in northern Alberta produced their one billionth barrel of bitumen on Wednesday. Continue reading
Precision Drilling says it made a profit in its latest quarter, as Canadian oil companies with operations in the U.S. are earning more money south of the border. Continue reading
The company says the improvement in prices for western Canadian oil due to the Alberta government’s curtailment program more than offset the impact of reduced production and increased operating costs. Continue reading
Cenovus is recommending investors at its annual general meeting vote against a shareholder motion requiring it to set greenhouse gas emission targets aligned with the goals of the Paris climate accord. Continue reading
Oilsands producers Cenovus Energy Inc. and Athabasca Oil Corp. have announced capital budgets that restrict spending to what’s required to almost maintain current production levels in 2019. Continue reading
Shares in oilsands companies most likely to benefit from Alberta’s move to curtail oil production are soaring in the wake of Sunday’s announcement by Premier Rachel Notley. Continue reading
Suncor Energy says it’s assessing the impact of the Alberta government’s move to curtail oil production by 8.7 per cent next year. Continue reading