Tags » Oil Production And Refining

Laurent Maurel: President and CEO, Total E&P Canada Ltd.

Total E&P Canada Ltd. is pleased to announce the appointment of Laurent Maurel as President and CEO, effective January 1, 2015, to advance the company’s Canadian oil sands investments. 226 more words

Oil Sands

Pengrowth cuts 2015 capital, delays oilsands expansion

An expansion designed to take its Lindbergh thermal oilsands project to 30,000 barrels per day is being deferred for at least a year in view of low commodity prices, Pengrowth Energy Corp. 591 more words


Scavengers pumping Big Oil's castoffs face grim choice amid rout

In the US$1.6 trillion-a-year oil business, there are global titans like Exxon Mobil Corp. that wield more economic might than most of the nations on Earth, and scores of wildcatters scouring land and sea for the next treasure troves of crude. 1,135 more words


WestJet adds Calgary-to-Houston route, increases flights in Atlantic Canada

WestJet announced a significant route expansion Monday, adding new business-oriented flights from Calgary as well as beefing up operations in Atlantic Canada.

The airline said it will add nine new routes and increase frequency on 15 established routes as part of its 2015 summer schedule. 266 more words


What could Canada do to mute U.S. opposition to Keystone? Nothing, opponents say

WASHINGTON — The American environmental organizations fighting the Keystone XL pipeline say there’s no climate-change plan Canada could possibly adopt that would make them back down. 950 more words


Suncor cutting 1,000 jobs, taking $1 billion out of 2015 budget amid oil rout


Suncor Energy Inc. (TSX:SU) is reducing its workforce by 1,000 and cutting $1 billion from its capital budget in response to plummeting crude oil prices. 122 more words

Local News

CNRL cuts $2.4 billion from 2015 capital spending plan

Deteriorating oil prices are causing Canadian Natural Resources Ltd. (TSX:CNQ) to slash its 2015 spending by about 28 per cent, with its Kirby oilsands project and conventional oil and gas operations in Canada and overseas bearing the brunt of the cut. 271 more words