Oil & Gas

Canadian Natural Resources reports Q4 profit down from year ago, raises dividend

Thursday, March 2, 2023, 6:35 AM MST

Canadian Natural Resources Ltd. raised its quarterly dividend as it reported its fourth-quarter profit fell compared with a year earlier.…

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Oil and gas investment in Canada to hit $40 billion in 2023, industry group says

Thursday, March 2, 2023, 6:33 AM MST

Investment in oil and gas production in Canada will jump by 11 per cent to hit $40 billion in 2023,…

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More LNG supply needed soon: Shell’s latest outlook

Thursday, March 2, 2023, 6 AM MST

The LNG market faces big decisions over the next few years. Shell plc’s latest LNG outlook sees demand reaching 650…

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Enbridge earmarks $3.3 billion for Gulf Coast storage plant, other projects

Wednesday, March 1, 2023, 10:19 AM MST

A U.S. Gulf Coast gas storage facility and a stake in a company developing fuel from waste food are among…

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Oil well cleanup program listed as 'key objective' in Alberta's pre-election budget

Wednesday, March 1, 2023, 6:12 AM MST

Alberta Premier Danielle Smith's last budget before an expected spring election gives strong support to a proposed tax break for…

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Baytex signs agreement to buy Ranger Oil in deal valued at $3.4B including debt

Tuesday, February 28, 2023, 6:55 AM MST

Baytex Energy Corp. has signed a deal to buy U.S. company Ranger Oil Corp. in a deal valued at C$3.4…

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Transform your net-zero journey

Tuesday, February 28, 2023, 6:16 AM MST

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TransAlta reports $163M Q4 loss, revenue up 40% from year ago

Friday, February 24, 2023, 6:05 AM MST

TransAlta Corp. reported a loss of $163 million in its latest quarter compared with a loss of $78 million in…

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German energy boss warns: Don't let guard down on gas supply

Thursday, February 23, 2023, 6:43 AM MST

The temperature outside Klaus Mueller's office almost resembles spring, exactly the kind of mild weather that helped Germany get through…

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Ontario explores possibility of new, large scale nuclear plants

Thursday, February 23, 2023, 6:16 AM MST

Ontario is exploring the possibility of building new, large-scale nuclear plants in order to meet increasing demand for electricity and…

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EU gas issues not over and North America has the solution

Thursday, February 23, 2023, 6 AM MST

After a mild winter, the European Union is already starting to think about where its gas will come from later…

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Record oil profits 'enough to make you ball up your fists,' says N.L. minister

Friday, February 17, 2023, 6:14 AM MST

After handing oil companies more than $280 million in cash during the COVID-19 pandemic, Newfoundland and Labrador's energy minister says…

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