Imperial Oil Ltd. said it has reassessed the long-term development plans of its unconventional natural gas portfolio in Alberta and no longer plans to develop a "significant potion" of those assets.

Suncor Energy Inc. is reporting a third-quarter operating loss of $302 million.

It's business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target.

The all-share deal by Cenovus Energy Inc. to buy Husky Energy Inc. for about $3.8 billion will likely spark more mega-mergers among Canadian oil and gas majors, according to a veteran oilsands analyst.

The government had previously planned to exit curtailment by the end of 2020 provided export routes were in place.

The reports notes that Western Canadian oil sector fundamentals remain "constructive."

Hundreds of Canadian employees of Royal Dutch Shell could be affected by its plan revealed Wednesday to cut between 7,000 and 9,000 jobs worldwide by the end of 2022.

The policy objectives laid out in the federal government's throne speech virtually ignored a Canadian energy sector in crisis and will result in job losses, Alberta's premier said in a statement issued Wednesday night.

Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday.

Capital spending in the country's oil and gas sector fell by 54 per cent in the quarter ended June 30 as numerous producers chopped budgets amid sliding global oil prices.