North American Construction Group Ltd. experienced a “one-two punch” of pandemic-related worksite access restrictions and unseasonably rainy weather during the third quarter of 2020, which, along with a change in accounting treatment for Nuna Logistics, resulted in reduced year-over-year revenue for the three-month period.
October 30, 2020, 10:01 AM MDT
October 15, 2020, 8:22 AM MDT
Cenovus Energy Inc. is seeking regulatory approval for the Phase H optimization project at its Christina Lake Thermal Project (CLTP) in the Athabasca oilsands, where SAGD technology is used to extract bitumen from the McMurray formation.
October 9, 2020, 10:34 AM MDT
Suncor Energy Inc.’s full-year corporate production guidance has been revised to 680,000–710,000 boe/d, down from 740,000–780,000 boe/d set in July.
September 8, 2020, 12 AM MDT
August 6, 2020, 7:55 AM MDT
July 28, 2020, 8:51 AM MDT
July 28, 2020, 9:19 AM MDT
The back half of 2020 will “continue to be volatile” on many fronts as the evolving situation with COVID-19 continues to have widespread implications for Suncor Energy Inc.’s business environment, operations and financial condition, says the company’s top executive.
July 23, 2020, 11:43 AM MDT
Cenovus Energy Inc. believes that significant Canadian production will remain offstream through the summer due to turnarounds, offering an opportunity for it to acquire additional production credits from companies who aren’t using them, say company officials.
July 23, 2020, 11:27 AM MDT
Teck Resources Limited, Canada’s largest diversified mining company, was hit hard by the impact of COVID-19 on its operations in the second quarter, the company said on Thursday, with the producer of steelmaking coal, copper and zinc — and with a presence in the oilsands — recording a loss, as prices for all the commodities it produces declined.
July 23, 2020, 3:13 PM MDT
July 22, 2020, 8:49 AM MDT
July 13, 2020, 7:47 AM MDT
While takeaway capacity for Alberta crude oil production could become constrained by the end of this year as oilsands production comes back online, rail will be an option but only with a wider heavy oil differential, an energy conference heard Wednesday.
July 9, 2020, 7:24 AM MDT
This article continues yesterday’s look at how industry associations are dealing with the fallout from COVID-19. Today’s article reports on some of the smaller industry groups in Calgary.
June 16, 2020, 9:47 AM MDT
June 15, 2020, 5:48 AM MDT
June 9, 2020, 8:29 AM MDT
Today, the Energy Excellence Awards features the champion in Project Execution Excellence in the subcategory of Oilsands: Greenfire Oil and Gas.
May 15, 2020, 6 AM MDT
May 12, 2020, 10:36 AM MDT
Pembina Pipeline Corp. is ready to recover from the economic downturn and has the ability to make money despite the current circumstances — including the price of oil — company shareholders heard Friday.
May 11, 2020, 6 AM MDT
May 6, 2020, 8:25 AM MDT
ConocoPhillips’s Canadian segment reported a first quarter loss on Thursday, with capital spending also falling during the three-month period. The company also detailed production shut-ins at its Surmont operations in Canada, the Lower 48 and Alaska.
April 30, 2020, 11:14 AM MDT
April 28, 2020, 8:36 AM MDT
April 24, 2020, 11:48 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry.Today, we feature the best in Project Execution Excellence in the subcategory of Oilsands.
April 23, 2020, 6 AM MDT
Canada will likely shut-in more than 1.1 million bbls/d of production in Q2 2020 as COVID-19 devastates global oil demand and producing countries fail to agree on output cuts, says Rystad Energy AS.
April 9, 2020, 9:24 AM MDT