Canadian Natural Resources Ltd, Cenovus Energy Inc , Suncor Energy Inc, and Imperial Oil Ltd were excluded from the fund due to "unacceptable greenhouse gas emissions."

Cenovus reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia.

Budget cuts in the western Canadian oil and gas sector are hitting home for front-line workers who are facing smaller paycheques as well as the ever increasing risk of being laid off.

Crude-by-rail exports reached a record high of 403,767 barrels per day in January, the first time they've surpassed 400,000 bpd.

Cenovus says it is cutting its capital spending plan for this year by 32 per cent due to the recent plunge in world oil prices.

Cenovus reported a fourth-quarter profit of $113 million compared with a loss of nearly $1.36 billion in the same quarter a year earlier.

Cenovus plans to increase its capital spending in 2020 compared with 2019.

The largest pension fund in Norway has removed four Canadian energy names from its investment list and says it will no longer put money in companies that derive more than five per cent of their revenue from the oilsands.

Oilsands producer Cenovus Energy Inc. is rewarding its shareholders with a 25 per cent increase in its dividend while tightening its spending plans and maintaining "modest'' production growth expectations over the next five years.

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.