Oil & Gas

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…

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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…

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Texas oil regulator signals flaring crackdown after backlash

Wednesday, February 10, 2021, 7:09 AM MST

Texas’s energy regulator is taking an uncharacteristically critical approach toward burning off excess natural gas, a sign that growing pressure…

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SNC Lavalin shares spike after announcing sale of resources oil and gas business

Wednesday, February 10, 2021, 6:41 AM MST

SNC-Lavalin Group Inc. shares surged more than 11 per cent after the company took steps to reduce risks by moving…

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Defence of Alberta oil or attempt to silence dissent? Judge to hear inquiry challenge

Wednesday, February 10, 2021, 6:12 AM MST

A judge is to hear arguments this week over whether Alberta's public inquiry into the purported foreign funding of environmental…

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Saskatchewan judge rules university must give professor oil and gas research info

Wednesday, February 10, 2021, 6:04 AM MST

A judge has ruled that the University of Regina must provide information to one of its professors about who is…

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Biggest LNG maker hires builders for $29 billion expansion

Tuesday, February 9, 2021, 6:39 AM MST

Qatar hired engineers for a planned $29 billion expansion of its capacity to produce liquefied natural gas, seeking to cement…

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Top 5 low cost gas producers in North America

Tuesday, February 9, 2021, 6 AM MST

Peyto Exploration & Development and Comstock Resources are the gas producers with the lowest operating and transportation expenses per boe…

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Hit by pandemic, oil giants Exxon, BP post huge 2020 losses

Wednesday, February 3, 2021, 6:10 AM MST

Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil…

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Alberta gives inquiry into oil and gas critics another extension to complete report

Monday, February 1, 2021, 6:23 AM MST

The Alberta government has given an inquiry into the funding of oil and gas industry critics another deadline extension to…

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Canadian drilling forecast rises on bump in commodity price expectations

Friday, January 29, 2021, 6:18 AM MST

The association representing oilfield service companies is boosting its 2021 drilling forecast by 29 per cent thanks to a stronger…

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Petronas CEO touts LNG Canada's emissions benefits, warns delays could be costly

Friday, January 29, 2021, 6:13 AM MST

The president and group CEO of oil giant Petronas says the LNG Canada liquefied natural gas export facility now under…

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