CALGARY — Cenovus Energy Inc. says it has reached a deal to sell its Tucker thermal oilsands project in northeast Alberta for $800 million. The Calgary-based company did not immediately disclose the name of the buyer. Cenovus says the sale will reduce net debt and...
REGINA- When big companies talk about upcoming projects worth hundreds of billions of dollars, it’s perhaps understandable that vendors and contractors would want to get in on the action. Federated Co-operatives Limited in recent months has announced $810 million...
My apologies, life got a little busy, but I’m going to finish off the 12 Rigs of Christmas! You’ll see rigs of companies still here, and others that have come and gone. Some have changed names and colours. People have come and gone. But you know what? Our...
The principal advocacy organization for major pipelines in this country is shutting down. Chris Bloomer, president and CEO of the Canadian Energy Pipeline Association (CEPA), posted the following statement on the organization’s website about its impending shut down on...
CALGARY — Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline. Calgary-based Parkland paused processing operations at its Burnaby refinery from Nov. 22 to Dec. 10 due to a lack of crude oil supply...
