Oil & Gas


U.S. sees record oil production next year moving even higher

Wednesday, February 9, 2022, 6:33 AM MST

U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to…

Read Article


Petronas Energy Canada CEO to depart for Malaysia

Wednesday, February 9, 2022, 6:09 AM MST

Petronas Energy Canada Ltd. has announced a leadership change. The Calgary-based natural gas company, a subsidiary of state-owned Malaysian energy…

Read Article


Crescent Point seeks buyer for Western Canada oil assets

Tuesday, February 8, 2022, 7:11 AM MST

Canadian light oil producer Crescent Point Energy Corp. is looking to sell a package of lands in Alberta and Saskatchewan…

Read Article


BP promises another $1.5 billion buyback as profit soars

Tuesday, February 8, 2022, 6:22 AM MST

BP Plc boosted share buybacks after surging oil and gas prices lifted profit to the highest in almost a decade.…

Read Article


Suncor eyes sale of U.K. oil field stake in shift from North Sea

Friday, February 4, 2022, 6:43 AM MST

Suncor Energy Inc., already marketing its assets in Norway to potential buyers, will also “assess market interest” in part of its stake…

Read Article


Shell boosts buyback as profit soars on high oil, gas prices

Thursday, February 3, 2022, 6:41 AM MST

Shell Plc expanded its share buybacks after reporting profit that blew past analyst estimates on the back of surging energy…

Read Article


Enerplus looking to sell Canadian assets but will maintain head office

Thursday, February 3, 2022, 6:11 AM MST

Enerplus Corp. says it is looking to sell its Canadian assets later this year but will maintain its head office.…

Read Article


CAPP expects oil and gas investment to rise 22 per cent this year to $32.8 billion

Friday, January 21, 2022, 6:11 AM MST

Canada's largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a…

Read Article


Canada to face challenge in remaining major oil power, IEA warns

Thursday, January 13, 2022, 6:28 AM MST

Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward…

Read Article


Imperial to market Montney, Duvernay assets in central Alberta

Thursday, January 13, 2022, 6:07 AM MST

Imperial Oil Limited says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay…

Read Article


CNRL boosts 2022 capex budget

Wednesday, January 12, 2022, 6:19 AM MST

Canadian Natural Resources Limited says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion…

Read Article


Energy monitor blames Russia for European gas crisis

Wednesday, January 12, 2022, 6:14 AM MST

The head of the International Energy Agency blamed Russia for much of Europe's natural gas crisis, saying Wednesday that high prices and…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.