Bill C-69 given a rough welcome at Senate committee hearing in Calgary
A proposed federal bill that aims to change the way Ottawa assesses major energy projects was given a rough ride in Calgary on Tuesday, April 9, 2019.
Cenovus Energy
C$17.7B Cenovus deal seen as likely to be last oilsands blockbuster
Cenovus' blockbuster $17.7-billion deal to buy most of the Canadian assets of Houston-based ConocoPhillips will likely stand as the biggest acquisition in the oilsands sector for years to come.
A leaner oilpatch emerges from the downturn as technology advances replace jobs
Tens of thousands of oil and gas workers laid off during the downturn have been waiting for the patch to get back on its feet, but many of the jobs could be gone for good.
Strong bitumen blending prices expected to continue to hurt oilsands
In first−quarter results last week, both Cenovus Energy Inc. and MEG Energy Corp. complained their losses were magnified by the high cost of condensate.
Cenovus reports $118M first-quarter loss, says cost cutting plan on track
This year, 440 staff and full−time contractor positions have been eliminated.
Brad Wall's dangerous addiction
The Saskatchewan premier is refusing to sign a deal for a national carbon tax, instead preferring to rely on dirty oil for the province's future
