Oil Sands

Canada's biggest oil producers are targeting late 2027 for a final investment decision on their proposed six-million-tonne carbon capture and storage project, a key piece of the country's plan to... 

Canadian Natural Resources will not move ahead with any mid- to long-term oil sands expansion projects until the details of a recently signed memorandum of understanding with the Canadian and... 

Canada's largest oil and gas producer Canadian Natural Resources surpassed expectations for second-quarter profit on Thursday, benefiting from higher oil and natural gas production. Canadian oil... 

Suncor Energy is not yet willing to accelerate plans for production increases, the company's CEO said on Wednesday, despite large-scale policy reforms promised by the federal and Alberta... 

Suncor Energy on Tuesday beat second-quarter adjusted profit estimates as higher crude price realizations and stronger refining margins offset weaker upstream production. Higher oil prices and... 

Greenfire Resources said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27-billion ($900-million) in cash. On a combined basis, Greenfire's... 

Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater capacity to export to Asia and ease its... 

The government of Alberta, Canada's main oil-producing province, is in talks to export more crude oil to Japan and reduce that country's reliance on the Middle East, the province's Energy Minister... 

Wet weather and a power outage at a major oil sands producer have contributed to crude export supply tightness out of Western Canada, which could tighten supplies to the key Cushing storage hub in... 

Canadian integrated oil and natural gas company Cenovus Energy CEO Jon McKenzie said Tuesday Alberta's proposed one-million barrel-per-day pipeline to British Columbia's Pacific coast cannot be... 

A key plank of Canadian Prime Minister Mark Carney's climate plan will likely miss its target implementation date, industry sources said, raising new doubts about Canada meeting its environmental... 

Oil and gas producer Canadian Natural Resources on Thursday posted a better-than-expected profit in the fourth quarter, as executives pointed to the company's ability to weather dramatic swings in... 

Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging... 

Canadian Natural Resources has restarted its Jackfish 1 oil sands site in northern Alberta after determining wildfires in the region were a safe distance away. The country's biggest oil producer... 

Canada's new Natural Resources Minister Tim Hodgson vowed to speed up the permitting process for major projects on Friday, in a speech welcomed by oil and gas executives eager to see Ottawa reset... 

The leader of Canada’s Conservative Party said he would accelerate approval on 10 resource projects if elected, including the extension of a major Suncor Energy oil sands mine in Alberta. Pierre... 

Canada's oil-producing province of Alberta on Thursday forecast a budget deficit of C$5.2-billion ($3.5-billion) for the 2025/26 fiscal year if US tariffs are implemented and decrease government... 

A Canadian regulator has ordered Sunshine Oilsands to suspend its operations, including wells, facilities and pipelines,in northern Alberta's oil sands regiondue to continuous non-compliance with... 

Canada's Suncor Energy raised its quarterly dividend on Tuesday after the integrated oil and gas firm beat estimates for third-quarter profit, as it benefited from higher oil production and demand...