Oil & Gas

AltaLink seeks to refund extra $350 million over three years to Alberta customers

Tuesday, January 19, 2021, 6:23 AM MST

AltaLink wants to refund an additional $350 million to Alberta's electricity customers over the next three years because of low…

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Worker missing after dozer breaks through frozen tailings pond in northern Alberta

Friday, January 15, 2021, 6:16 AM MST

A worker is missing after a dozer broke through ice on an inactive Suncor tailings pond in northern Alberta. Suncor…

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Manitobans received $177M in carbon tax rebates

Friday, January 8, 2021, 6:36 AM MST

The federal government paid back all but $16.4 million to Manitoba residents and businesses that it had collected from the…

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Winter is colder this year and that’s good for energy prices

Wednesday, January 6, 2021, 6:44 AM MST

Freezing weather that’s gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal…

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Indigenous economic development heading into a growth phase in 2021: Minister

Tuesday, January 5, 2021, 7:06 AM MST

Indigenous Relations Minister Rick Wilson expects economic growth for Indigenous communities in Alberta in 2021. In an interview with Windspeaker.com,…

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Suncor to take $425 million impairment charge on White Rose and West White Rose

Tuesday, January 5, 2021, 6:07 AM MST

Suncor Energy Inc. says it will take a $425-million impairment charge related to its stake in the White Rose offshore…

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B.C.'s top doctor limits staff increases at five industrial worksites

Monday, January 4, 2021, 12:52 PM MST

Thousands of workers who would normally return to their jobs at industrial projects in northern British Columbia after the holiday…

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Husky, Cenovus merger deal closes

Monday, January 4, 2021, 6:46 AM MST

Cenovus Energy Inc.’s buyout of Husky Energy Inc. officially closed on New Year’s Day creating Canada’s third largest energy producer.…

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The cleanest fossil fuel is set for a post-pandemic rebound

Monday, January 4, 2021, 6:19 AM MST

Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted…

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Newfoundland's Hibernia offshore oil project gets $38 million in federal aid

Thursday, December 24, 2020, 6:58 AM MST

Newfoundland and Labrador is giving $38 million to the Hibernia offshore oil project in a bid to protect 148 jobs…

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Bonterra urges shareholders to ignore extended hostile takeover bid by Obsidian

Wednesday, December 23, 2020, 6:26 AM MST

Bonterra Energy Corp. says it remains steadfastly opposed to a hostile takeover bid by Calgary oil and gas rival Obsidian Energy Ltd. after the…

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Oil plunges with virus mutation raising lockdown risks

Monday, December 21, 2020, 6:58 AM MST

Oil plummeted the most in seven weeks, with investors fleeing the market as a mutation of Covid-19 discovered in the…

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