Cenovus

The officially disclosed carbon footprints of Canada’s largest oil companies could balloon in size if tough new climate rules proposed earlier this year by a U.S. regulator come into effect.

Oilsands companies' record profits and their CEOs' campaigns for corporate welfare raise an important question, writes columnist Max Fawcett: is it time for Canadian taxpayers to get a bigger piece of the action?

When the federal government inevitably refuses Jason Kenney's demand for a blank cheque worth more than $30 billion, we’ll get the usual mixture of victimhood and grievance-mongering, writes columnist Max Fawcett.

Alberta's oil and gas industry is committing to net-zero with the hope carbon capture technology pays off. But will it?

As nations tackle the climate emergency and markets "drive a low-carbon economic transition, we need to make sure our investments line up with this reality,” said New York State comptroller Thomas DiNapoli, the trustee of the US$247-billion fund.

Oilsands companies are restoring thousands of barrels of daily production to take advantage of higher oil prices as relaxed pandemic measures allow North American consumers to get back on the road.

Alberta Premier Jason Kenney conceded that his province’s 2020 budget, unveiled less than two weeks ago, is “obviously going to be affected” by the pummelling taken by energy stocks on Monday.

Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets.

Major Canadian oil and pipelines companies Cenovus Energy Inc (TSX:CVE) and Enbridge Inc (TSX:ENB) plan to spend more than $1 billion each in 2019 as they struggle to deal with low commodity prices.

Cenovus Energy reported a workplace death at its Christina Lake oilsands site in northeastern Alberta on Wednesday.

A new report says Canadian Natural Resources Limited, Suncor Energy, Cenovus Energy, Imperial Oil and Husky Energy haven't fully disclosed how much carbon pollution they expect to create out of their own assets. This pollution now has a hefty price tag since governments around the world committed under the 2015 Paris Agreement to slash greenhouse gases in order to prevent dangerous climate change.

The new chief executive of Cenovus Energy Inc. unveiled plans for a leaner oilsands company Thursday, announcing hundreds of job cuts, lower−than−expected 2018 capital spending and the departure of three key executives.

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.

Cenovus Energy is going ahead with an expansion of its Christina Lake oilsands project, making it the second oilsands development in as many months to be reactivated.

Avik Dey, Director of the Canada Pension Plan Investment Board's Natural Resources investment team is taking high-risk investment bets on the oil and gas sector.