Imperial will “consolidate activities to its operating sites” and enhance its operational focus, the company said in ...

Imperial Oil will cut 20% of its workforce and restructure operations to prepare for an anticipated global crude oversupply in 2026.

Oil sands projects have long been characterized by high capital requirements and production costs. Even though production costs have drastically decreased over the past two years, most expansion ...

The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases. By Ian Austen Oil ...

The oil sands decline rate is near zero in some cases. Canadian Natural Resources Ltd. CTC-A-T +0.55% recently reported that ...

Building a new oil pipeline from Alberta to the British Columbia coast requires first overturning “nine bad laws” enacted by ...

Canadian production of crude oil and equivalent products reached record levels in July as crude exports also rose to new highs during the month, according to government data. Crude production totaled ...

There are no shortage of reasons why the Keystone XL pipeline has become such a hot button issue for environmentalists. Many worry about the risks the project could pose to the Ogallala aquifer in ...

(solveclimate.com) - Members of Congress implored the State Department on Wednesday to scrutinize the "significant" environmental impacts of a proposed massive pipeline that would carry Canadian oil ...

Imperial Oil said it plans to centralize additional corporate and technical activities in its global business, reducing ...

A latest research revealed that the upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during ...