CALGARY — A bevy of oilsands producers are on deck to report their quarterly earnings over the next few weeks — and industry watchers are under no illusion they’ll be pretty. 519 more words
Tags » Suncor Energy
In the wake of an unsolicited takeover bid from Suncor Energy, Canadian Oil Sands could use a white knight.
What it could use is a company like its former self — Canadian Oil Sands Trust — which came to the rescue of Canada Southern Petroleum back in 2006 by trumping a hostile takeover attempt by Petro-Canada. 734 more words
CALGARY — Suncor Energy is looking to add another big chunk to its vast oilsands holdings – and take advantage of a prolonged rout in crude prices – with an unsolicited takeover bid for… 243 more words
WATCH ABOVE: With oil prices sitting at less than US$50 a barrel, there’s some bad news from two of Alberta’s biggest energy players. Cenovus Energy and Suncor Energy are both announcing job cuts. 320 more words
Above watch: Some industry analysts are saying things will get worse before they get better in the oil field. Gary Bobrovitz reports.
CALGARY- The top executives of two major oilsands producers say they’re looking past swings in crude prices and focusing instead on what’s within their control. 546 more words