Robert Tuttle

Canadian oil sands giant Cenovus Energy Inc. is poised this month to join an elite group of energy producers pumping the equivalent of more than 1 million barrels of oil and gas a day.

Enbridge Inc. delayed the planned expansion of oil export pipelines out of Canada, citing the need for governments to finalize policy plans and producers to commit to growing oil sands production.

Canada’s drive to expand oil export pipelines is set to push demand for ultralight crude, and both domestic suppliers and importers are gearing up to take advantage of an anticipated rise in prices.

South Bow Corp. shares rose the most in more than a month after US President Donald Trump suggested the controversial cross-border Keystone XL pipeline project, a version of which the company has proposed, would be revived.

US refiners are facing a looming supply drop from their biggest foreign crude supplier at a time when they need the oil the most.

Tamarack Valley Energy Ltd. agreed to buy Headwater Exploration Inc. for about CA$3.2 billion (US$2.3 billion) in an all-stock deal that will combine two of the largest crude producers in Canada's fastest growing oil play.

Tamarack’s deal to take over Headwater shows the increasing appeal of the Clearwater play.

Canada’s largest carbon capture and storage project is set to begin operation in January as the country moves to spur investment in the emissions reduction technology.

(Bloomberg) – Canada's largest carbon capture and storage project is set to begin operation in January as the country moves to spur investment in the emissions reduction technology.

Canadian oil sands producers now have what’s needed policy-wise from the federal government to raise production enough to fill major new oil pipeline capacity, the country’s energy minister says.