Canada Heavy Oil Falls to Weakest in 7 Months as Kearl Ramps Up

Canadian heavy oil slid to the weakest level in seven months against the U.S. benchmark grade as Imperial Oil Ltd. (IMO) reported rising production from a new oil-sands project in Alberta.

Cenovus profit soars as partner search extended

(Reuters) - Cenovus Energy Inc , Canada's No. 2 independent oil producer, said on Wednesday its quarterly profit tripled on production gains as it again extended its hunt for a joint-venture partner for a planned Alberta oil sands development.