Oil & Gas
Pipeline for LNG Canada hits pandemic speed bump
Tuesday, March 2, 2021, 6:29 AM MST
LNG Canada CEO Peter Zebedee 'disappointed' by TC Energy's warning of cost increases on pipeline. Finishing the $17 billion LNG…
OPEC production plunges as Saudis deliver extra oil cutbacks
Tuesday, March 2, 2021, 6:18 AM MST
OPEC’s crude production plunged last month as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global…
Sale of Heartland Petrochemical Complex one option under review: Inter Pipeline CEO
Monday, February 22, 2021, 6:17 AM MST
The CEO of Inter Pipeline Ltd. says the Calgary-based company's review of strategic alternatives announced Thursday could include the sale…
Kenney says no new taxes as Alberta preps for another tough times pandemic budget
Monday, February 22, 2021, 6:05 AM MST
On Thursday it's budget day in Alberta, a time that will cruelly and ironically remind residents that last year's projected…
Unpaid Alberta oilpatch property taxes triple in two years: rural municipalities
Friday, February 19, 2021, 6:18 AM MST
The exponential growth of unpaid property taxes from Alberta’s struggling oilpatch is threatening small communities and they need new ways…
Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal
Thursday, February 18, 2021, 6:07 AM MST
Royal Dutch Shell is further reducing its exposure to the Alberta oilpatch with a deal to sell producing light oil…
Interior postpones March oil leases onshore and offshore
Tuesday, February 16, 2021, 6:13 AM MST
Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with…
Court told Alberta commissioner should continue foreign funding of oil critics probe
Tuesday, February 16, 2021, 6:07 AM MST
A court has been told that a man leading an inquiry into alleged foreign-funded anti-Alberta energy campaigns should be allowed…
Enbridge reports higher fourth quarter profits despite rising Line 3 costs
Friday, February 12, 2021, 7:14 AM MST
Enbridge Inc. says its profits rose in the fourth quarter, despite increasing costs of its Line 3 project. The company…
'Political gunfight:' Environmental law group challenges Alberta oil inquiry in court
Friday, February 12, 2021, 6:11 AM MST
An environmental charity is arguing an inquiry into alleged foreign-led campaigns targeting the oil and gas sector set out to…
Shares in both Arc Resources and Seven Generations jump on news of oilpatch merger
Friday, February 12, 2021, 6:01 AM MST
Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the…
Keyera shares fall after it reports 23% rise in delayed pipeline cost to $1.6 billion
Thursday, February 11, 2021, 6:04 AM MST
Estimated costs for a proposed Alberta natural gas liquids pipeline put on hold last year amid the COVID-19 pandemic and…
