CTV News Channel
Canadian Oil Sands Ltd. is expecting the Syncrude oilsands development north of Fort McMurray, Alta., to return to normal production rates toward the end of the month.
An analyst says Canadian Oil Sands is at risk of missing its production targets because of a fire at a Syncrude oilsands plant over the weekend.
Syncrude says there was no environmental impact after an explosion and fire at an Alberta processing site near Fort McMurray.
New air-quality tests in one of Canada's largest petrochemical processing regions have revealed more evidence of short-lived but concentrated plumes of toxic chemicals.
An explosion at a Syncrude oilsands processing site near Fort McMurray has interrupted operations at the facility.
The furor over a New Democrat candidate Linda McQuaig's remarks about leaving Alberta's oilsands in the ground reflects how poorly the issue is understood, say energy experts.
Most of the federal party leaders stayed off the campaign trail Saturday, but a comment from a high-profile New Democrat candidate on the oilsands stirred up a political hornet's nest in Alberta.
A program in Alberta to deal with thousands of dormant oil and gas wells that don't meet safety and monitoring standards needs to be strengthened, critics say as falling crude prices could see their numbers swell.
Cenovus Energy says 300 to 400 workers will be let go from its Calgary office by year end as hopes for a quick recovery in oil prices evaporate.
Cenovus Energy Inc. (TSX:CVE) says it's looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent.
Alberta's auditor general says the province may not be requiring oilsands companies to save enough money to ensure their gigantic mines are cleaned up at the end of their life.