MEG Energy
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Workers returning to northern Alberta oilsands site after wildfire evacuationCooler temperatures and rain forecast for the next few days are expected to assist firefighters.FireJul 26, 2024
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Trans Mountain pipeline expansion will boost Canadian oil prices ‘for years’: MEG EnergyPrices for Canadian heavy oil increased, and the WCS-WTI differential narrowed, in April in anticipation of the start-up of the pipeline expansion.MoneyMay 7, 2024
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Significant update on Pathways Alliance project coming soon: MEG Energy CEOSix oilsands companies have proposed jointly investing in the construction of what would be one of the largest carbon capture projects in the world.CanadaNov 7, 2023
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Energy executives say feds must make good on pledge to speed up project approvalsThe Liberal government announced last week that it will unveil a plan aimed at speeding up the federal permitting process for major infrastructure projects before the end of 2023.CanadaApr 5, 2023
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Oilsands execs say a ‘just transition’ isn’t a worry — it’s their next big ‘boom’The Liberals have promised such legislation for more than three years and are expected to introduce it in the House of Commons sometime this year.CanadaJan 18, 2023
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MEG Energy has record quarter as high prices boost profits and revenues up 68%MEG Energy Inc. says higher energy prices contributed to it earning a $362-million profit in its latest quarter as revenues surged 68 per cent.MoneyMay 2, 2022
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MEG chief executive sees ‘tremendous demand’ for Alberta oil due to UkraineThe chief executive of MEG Energy Corp. sees "tremendous demand" for Alberta oil due to the war in Ukraine and a European energy crisis as the WCS-WTI differential shrinks.EconomyMar 4, 2022
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MEG Energy CEO doesn’t expect Line 5 dispute to hurt ability to move heavy oilThe chief executive of MEG Energy says he doesn't expect the dispute between Canada and the U.S. over the Line 5 pipeline to hurt MEG's ability to move oil to the Gulf Coast.MoneyNov 9, 2021
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MEG Energy again increases annual production guidance after 3rd quarter resultsMEG Energy Corp. boosted its output forecast for the year after swinging to a $54-million profit in its latest quarter on a doubling of revenues.MoneyNov 8, 2021
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Oil producers hope next Canadian government can fund ambitious carbon capture programThe Oilsands Pathways to Net Zero proposal would reduce emissions by 68 megatonnes by 2050, but the plan comes with a hefty price tag as well.CanadaAug 31, 2021
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