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A service for energy industry professionals · Friday, May 9, 2025 · 811,035,451 Articles · 3+ Million Readers
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Caucasus Oil Sands Newswire

  • Published on May 8, 2025

    Oilsands giant CNRL pays down debt, trims 2025 capital budget amid Trump-fuelled oil price slump

    “Every week, we monitor our cash flows at our management committee to stay on top (of things), and if we have to make any changes to our capital program, we can usually make that pretty quickly,” he said on a conference call on Thursday. “In the lowest …

    Source: Financial Post - Center-right
  • Published on May 8, 2025

    Suncor breaks production records amid economic uncertainty, cold snap

    Open this photo in gallery:General view of the Suncor Energy refinery, located near Enbridge's Line 5 pipeline, in Sarnia, Ont.Carlos Osorio/Reuters Oil sands producer Suncor Energy Inc. has reported quarterly production and refining records, …

    Source: The Globe and Mail - Neutral
  • Published on May 8, 2025

    Cenovus cuts jobs to remain competitive, CEO says as company concludes series of capital investments

    Open this photo in gallery:A worker stands on a steam-assisted gravity drainage pad at Cenovus' Sunrise oil facility northeast of Fort McMurray on Thursday, Aug. 31, 2023.Victor R. Caivano/The Associated Press Cenovus Energy Inc. CVE-T has cut an …

    Source: The Globe and Mail - Neutral
  • Published on May 5, 2025

    New report shows vast majority of Alberta’s oil sands remain ecologically intact

    Using satellite imagery, LiDAR (light detection and ranging), and field data from 328 monitoring sites across the Athabasca, Cold Lake, and Peace River oil sands regions, the study tracked changes in land cover and habitat from 2000 to 2021.  During that …

    Source: Western Standard - Right-wing
  • Published on May 8, 2025

    Where to Invest $9,000 in the TSX Today

    These stocks pay attractive dividends that should continue to grow. Posted by Andrew has an MBA and has been writing for The Motley Fool Canada since 2014. As a contrarian investor, Andrew seeks out dividend opportunities the market is missing. He is a big …

    Source: The Motley Fool Canada - Neutral
  • Published on May 8, 2025

    SMS Delivers First Komatsu PC9000 to Fort Hills

    Komatsu and its western Canadian distributor SMS Equipment handed over a PC9000 hydraulic mining excavator to Suncor’s Fort Hills mine in Alberta. The machine is currently the largest hydraulic shovel for surface mining applications. “Suncor is always …

    Source: Engineering & Mining Journal - Florida - Pending
  • Published on May 8, 2025

    Alberta has long accused Ottawa of trying to destroy its oil industry. That’s a dangerous myth

    “Alberta is a place soaked in self-deception.” Those words began Alberta-based journalist Mark Lisac’s 2004 book aimed at shattering the myths that have unhelpfully animated too much of Alberta’s politics over the past few decades. Current and former …

    Source: The Conversation - Neutral
  • Published on May 8, 2025

    SAIT receives energy-boosting donation

    May 8, 2025 – The Southern Alberta Institute of Technology (SAIT) was the recipient of a significant donation that should serve to fuel initiatives in enhancing its role in sustainable energy research and innovation. The donation that comes in the form of …

    Source: Design Engineering - Pending
  • Published on May 8, 2025

    Occidental Q1 beat: Berkshire stake remains 'slightly bullish'

    00:00 Speaker A Occidental Petroleum topping first quarter profit expectations boosted by strong output and natural gas prices. Meantime ConocoPhillips also topping first quarter earnings estimates. As both oil and gas producers announce cuts to full year …

    Source: Yahoo Finance - Pending
  • Published on May 8, 2025

    Suncor reports strong first-quarter results due to increased refinery output

    Suncor says its strong results were the results of its Total Oil Sands bitumen production having increased to 937,300 barrels per day in the first quarter of 2025, compared to 932,100 barrels per day in the prior year’s quarter, and included record first …

    Source: Canada Convenience Store News - Pending
  • Published on May 7, 2025

    RRSP Investors: 2 Stocks for Dividends and Total Returns

    Home » Investing » RRSP Investors: 2 Stocks for Dividends and Total Returns These TSX stocks have increased their dividends annually for decades. Posted by Andrew has an MBA and has been writing for The Motley Fool Canada since 2014. As a contrarian …

    Source: The Motley Fool Canada - Neutral
  • Published on May 7, 2025

    TFSA: Where to Invest $7,000 in the TSX Right Now

    Home » Investing » TFSA: Where to Invest $7,000 in the TSX Right Now These stocks pay good dividends and now trade at discounted prices. Posted by Andrew has an MBA and has been writing for The Motley Fool Canada since 2014. As a contrarian investor, …

    Source: The Motley Fool Canada - Neutral
  • Published on May 6, 2025

    Danielle Smith dismisses Doug Ford’s warning against separatist threats from Alberta

    Alberta Premier Danielle Smith is urging her Ontario counterpart Doug Ford to mind his own business when it comes to talk of separating from Canada. Smith announced this week that she doesn’t want Alberta to leave Canada but, if enough residents sign a …

    Source: The Globe and Mail - Neutral
  • Published on May 7, 2025

    Cenovus slashes jobs ahead of expected poor earnings amid weak oil prices, sagging stock

    Its assets are considered high quality, but growth has come at a cost. The company has reallocated cash from its natural gas operations to fund long-term oil sands expansion, leaving it exposed to short-term volatility in both global oil prices and …

    Source: Western Standard - Right-wing
  • Published on May 7, 2025

    Heavy lifting begins as Suncor starts refurbishing decades-old upgrader components

    CALGARY – Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago.  The Calgary-based company is in the midst of a multi-year project to …

    Source: Brandon Sun - Neutral
  • Published on May 7, 2025

    Canada needs to act like the energy superpower it is

    Guest Commentary By Heather Exner-Pirot Somehow, in Canadian politics in 2025, it has become vogue to promise to turn Canada into an energy superpower. After a decade of Ottawa suppressing the oil and gas industry, this rhetoric, which is driven by the …

    Source: Asian Pacific Post - Neutral
  • Published on May 7, 2025

    Suncor Energy Reports First Quarter 2025 Results

    Breadcrumb Trail Links Newsfile Article content Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company’s condensed consolidated financial statements which are based on Canadian …

    Source: The Kingston Whig-Standard - Neutral
  • Published on May 7, 2025

    Greenfire Resources Reports First Quarter 2025 Results and Provides an Operational Update

    Breadcrumb Trail Links Newsfile Article content Readers are advised to review the “Non-GAAP and Other Financial Measures” section of this press release for information regarding the presentation of financial measures that do not have standardized meaning …

    Source: The Kingston Whig-Standard - Neutral
  • Published on May 7, 2025

    Greenfire Resources Reports Voting Results from 2025 Annual Meeting of Shareholders

    Breadcrumb Trail Links Newsfile Article content Calgary, Alberta–(Newsfile Corp. – May 6, 2025) – Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) (“Greenfire” or the “Company”) is pleased to announce the voting results from its annual meeting of …

    Source: The Kingston Whig-Standard - Neutral

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  • Published on May 8, 2025 - 10:00 GMT

    Cenovus announces first-quarter 2025 results

    CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1.3 billion in cash from operating activities, $2.2 …

    Distribution channels: Business & Economy ...
  • Published on May 6, 2025 - 17:50 GMT

    SAIT powers up energy research

    Calgary, AB, May 06, 2025 (GLOBE NEWSWIRE) -- In the single largest corporate gift to any post-secondary institution in Alberta, Imperial Oil Limited, one of Canada’s largest energy companies, has donated a $37 million research lab facility to the Southern …

    Distribution channels: Media, Advertising & PR ...
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