Canada's Cenovus Energy announced on Friday it will acquire MEG Energy in a C$7.9 billion ($5.68 billion) cash-and-stock deal ...

The Alberta oil sands have the third-largest reserves of oil in the world behind Saudi Arabia and Venezuela. Its workers largely live in Fort McMurray where some neighborhoods have been destroyed.

"Spot", one of two robotic dogs employed by Imperial Oil to conduct routine maintenance and equipment checks at its Cold Lake oil sands site, stands on the ground near Cold Lake, Alberta, Canada ...

MEG Energy evacuated all non-essential workers from its Christina Lake production facility in Alberta due to wildfires, and Cenovus Energy reduced workers at its Foster Creek facility.

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (TSX: MEG) (“MEG”) in a cash and stock transaction ...

Cenovus Energy Inc. is in discussions with a coalition of Indigenous groups in Canada to jointly acquire MEG Energy Corp., an ...

At least 233,000 barrels per day of oil sands production, 9 percent of Alberta's total oil sands output, have been suspended because of the fire risk, though none of the projects have been damaged.

Chris Jones, chief operating officer of Albian Sands Energy Inc., gestures as he describes the company’s oil sands project in Ft. McMurray, Alberta, in August 2005.

CVE and Indigenous partners are in talks for a joint bid on MEG Energy, challenging Strathcona's hostile takeover attempt.

Oil sands output will grow by about 500,000 barrels a day to 3.8 million barrels a day by 2030, according to S&P Global Commodity Insights.

The emissions intensity of all oil sands sites fell to the equivalent of 0.399 metric tons of carbon dioxide per cubic meter of bitumen produced, down from 0.404 in 2022, the data show.

An employee at Suncor Energy Inc's <SU.TO> oil sands operations in northern Alberta died on Sunday after being injured while working at the site, the company said.