Alex Pourbaix

Cenovus Energy Inc. says it will add as much as 70,000 barrels per day of oilsands output following the Alberta government's decision to ease production curtailments for producers that add crude-by-rail capacity.

Three of Canada's biggest oilsands producers are going directly to voters today, August 1, 2019, to ask them to "influence the outcome" of big decisions concerning the oil and gas sector as a fall federal election looms.

Canada's largest oil producers are calling on the Alberta government to reward companies that commit to adding crude-by-rail capacity by easing their oil curtailment levels.

Cenovus Energy Inc. says it will consider slowing development of a 50,000-barrel-per-day oilsands expansion project that it started building early last year if there isn't meaningful progress on increasing pipeline capacity out of Alberta.

Cenovus Energy Inc. said Thursday it has been running its oilsands operations at reduced production rates and storing excess barrels due to wider-than-normal light-heavy oil price differentials and pipeline capacity constraints.

Two years after a blue-ribbon panel called on the Alberta government to encourage partial upgrading of bitumen from the oilsands to enhance value and free up more pipeline room for exports, the idea remains years away from commercialization.