Oil & Gas

Exxon outlines plan to boost returns and grow its dividend

Wednesday, March 3, 2021, 6:21 AM MST

Exxon Mobil Corp. outlined a target to achieve returns of least 30 per cent on new projects after reducing capital…

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The LNG king embarks on sales campaign after approving expansion

Wednesday, March 3, 2021, 6:15 AM MST

Executives from the top exporter of liquefied natural gas are jetting around the globe in a whirlwind bid to strike…

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Pipeline for LNG Canada hits pandemic speed bump

Tuesday, March 2, 2021, 6:29 AM MST

Finishing the $17 billion LNG Canada plant in Kitimat and the associated $6.6 billion Coastal GasLink pipeline on time and…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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'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…

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