Tags » Oil Production And Refining

Oil tanks burn in southeastern Saskatchewan after hit by lightning

STOUGHTON — Three oil tanks in southeastern Saskatchewan have gone up in flames after a lightning strike.

Pat Slater, fire chief for the community of Stoughton, says fire crews were called out around suppertime on Tuesday. 81 more words


Yedlin: Canada has lost an oilpatch pioneer and community leader

There’s a big hole in Calgary’s business community today.

Rick George, a champion of the energy sector, of the oilsands, and a compassionate and passionate community leader, died far too young Tuesday. 960 more words


From worst to first: Alberta reclaims lead in Canadian growth survey

By Greg Quinn and Catarina Saraiva

Alberta’s economy is more than just back on its feet, it’s about to run faster than any other region in Canada. 641 more words

Local Business

Cenovus posts profit as $13.3-billion Conoco deal starts paying off

Oil producer Cenovus Energy Inc on Thursday reported a profit in the second quarter compared to a year-ago loss, helped by its purchase of ConocoPhillips’ Canadian oilsands assets. 192 more words


Adkin: Alberta should hold inquiry into oilsands subsidies

For many decades, the fossil fuel industries have benefited from billions of dollars in public subsidies for technology development intended to allow them access to new reserves and lower their costs of production. 599 more words


Saskatchewan advantage means oil activity surges while Alberta lags

One mile away from the Alberta border, on land in Saskatchewan owned by the Onion Lake Cree Nation, BlackPearl Resources Inc. is building a second thermal heavy oil project while keeping its larger Alberta opportunities on hold. 1,204 more words


Rebirth of Alberta oilsands after Fort McMurray fire slowed by oil price slump

In the heart of Canada’s biggest oil province, life is slowly returning to normal in Fort McMurray. After a fire last year destroyed entire neighbourhoods in the town and halted about one million barrels of daily production, green leaves are beginning to bud on charred trees and new construction is replacing homes that were burned to the ground. 834 more words