Oil & Gas
Historic oil glut amassed in the pandemic almost gone
Wednesday, April 21, 2021, 6:25 AM MDT
The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing…
PrairieSky Q1 net profit nearly doubles as revenues increase on higher energy price
Tuesday, April 20, 2021, 6:20 AM MDT
PrairieSky Royalty Ltd. says its net income more than doubled in the first quarter on a nearly 13 per cent…
Delivering safety and efficiency in facility hazard assessments
Monday, April 19, 2021, 5:39 PM MDT
In the midst of a pandemic that has slowed or shut down major sectors of the economy, assessments of prospective…
Federal government looks beyond near term with climate stimulus
Monday, April 19, 2021, 5:25 PM MDT
Justin Trudeau’s government is proposing a raft of funding for Canadian companies — including money for infrastructure and tax incentives…
Canadian emissions to make up outsized portion of what climate can bear: study
Thursday, April 15, 2021, 6:19 AM MDT
Greenhouse gas emissions from Canada’s oil and gas industry will make up an outsized share of the remaining carbon the…
U.S. oil comprised 77 per cent of Canada's foreign oil imports last year: regulator
Wednesday, April 14, 2021, 6:16 AM MDT
Canada is growing ever more reliant on imported American oil, a new report from the country's energy regulator suggests, putting…
U.S. oil output nears levels not seen since pandemic’s start
Tuesday, April 13, 2021, 6:29 AM MDT
The Permian Basin, the U.S.’s most prolific shale patch, will produce crude oil at levels not seen since the start…
Tamarack Valley strikes deal to buy private Anegada Oil for $494 million
Monday, April 12, 2021, 6:49 PM MDT
In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada…
Non-profit Quebec law centre to aid environmental group targeted by Alberta oil firm
Monday, April 12, 2021, 6:22 AM MDT
The Quebec Environmental Law Centre is coming to the aid of an environmental group targeted by an Alberta oil company…
Shell to make first profit from oil output since pandemic
Wednesday, April 7, 2021, 6:23 AM MDT
Royal Dutch Shell plc said it expects to make the first profit from pumping oil since the start of the…
Industry optimism rising with production but producers still cautious
Tuesday, April 6, 2021, 5:12 PM MDT
Predictions of the end of the oil industry during a global price war and the pandemic a year ago have…
Bonterra Energy CEO says end of takeover battle with Obsidian comes as a relief
Thursday, April 1, 2021, 6:28 AM MDT
The chairman and CEO of Bonterra Energy Corp. says he's relieved that rival Obsidian Energy Ltd. ended its hostile takeover…
