Statoil

British energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.

Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per cent stake in producer Athabasca Oil Corp. it acquired three years ago.

When it comes to talking about how the northern Alberta oilsands have lost their lustre for foreign investors, Satoshi Abe sounds a lot like his Canadian counterparts.

Canadian Natural Resources Ltd. has signed a deal to buy the Canadian operations of Devon Energy Corp. for $3.8 billion.

Newfoundland and Labrador is a major step closer to developing its deepest offshore oil site at Bay du Nord

Prime Minister Trudeau says no country “would find 173 billion barrels of oil in the ground and just leave them there.” No country, perhaps. But some energy giants are doing just that.

A week after Statoil sold off all its assets in Alberta’s oilsands, it looked eastward, to Newfoundland’s offshore.

A Norwegian oil giant is selling off its assets in Canada's oilsands, just after the federal government approved new pipelines that were meant to promote growth in the slumping industry.

Lack of full disclosure, Mark Carney said, makes it difficult for investors, creditors and regulators to assess who is on top of the increasingly critical issue of climate change.

Mark Carney, arguably the most powerful Canadian on the planet, is back in Canada to talk dollars and climate change.

Confirmation of oil far off the coast of Newfoundland in deep water raises the spectre of a Deepwater Horizon oil tragedy occurring again.