The Canadian Press

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Imperial Oil files cleanup plan for tailings leak in Alberta

Tuesday, February 14, 2023, 6:08 AM MST

Imperial Oil Ltd. has filed a plan for the interim cleanup of what could be one of the largest oilpatch…

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Updated: TC Energy reports Q4 loss due to rising costs of Coastal GasLink

Tuesday, February 14, 2023, 5:59 AM MST

TC Energy Corp. expects to be able to indicate this summer whether it will complete the Coastal GasLink pipeline by…

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New Enbridge CEO says Canada is missing opportunities as world cries out for energy

Monday, February 13, 2023, 6:11 AM MST

The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has resulted in a ``lost decade''…

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Enbridge still negotiating with pipeline shippers over Mainline tolling plan

Monday, February 13, 2023, 6:07 AM MST

Enbridge Inc. says negotiations to settle on a new tolling plan for its Mainline pipeline system are progressing, but the…

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Scotiabank warns giving royalty credits for well cleanups would damage industry reputation

Friday, February 10, 2023, 6:31 AM MST

Scotiabank is warning that the Alberta government's plan to give oil companies a royalty credit for cleaning up their old…

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TC Energy says combination of factors caused Keystone pipeline leak

Friday, February 10, 2023, 6:12 AM MST

TC Energy Corp. has pegged the cost of cleanup and remediation of December's oil spill from its Keystone pipeline at…

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Precision Drilling reports $3.5M Q4 profit, revenue up more than 70%

Friday, February 10, 2023, 6:04 AM MST

Precision Drilling Corp. reported a fourth-quarter profit of $3.5 million compared with a loss of $27.3 million a year ago…

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Oil major TotalEnergies doubles annual profit to $36 billion

Thursday, February 9, 2023, 6:25 AM MST

France’s TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines…

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Carbon capture too expensive, takes too long to build: IISD Report

Thursday, February 9, 2023, 6:12 AM MST

By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling…

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Ottawa expands price caps to Russian petroleum products to reduce revenues

Monday, February 6, 2023, 6:05 AM MST

The federal Finance Department says Canada is joining its fellow G-7 countries plus Australia to expand caps on Russian oil…

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Biden administration recommends major Alaska oil project

Thursday, February 2, 2023, 7:03 AM MST

The Biden administration released a long-awaited study Wednesday that recommends allowing a major oil development on Alaska's North Slope that supporters say…

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Norway PM says oil profile to fund more aid to Ukraine

Thursday, February 2, 2023, 6:21 AM MST

Prime Minister Jonas Gahr Støre of Norway said Thursday that the oil-rich Scandinavian country will become one of the world’s top…

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