Oil & Gas

Parkland refinery ramps up processing following restart of Trans Mountain pipeline

Thursday, December 16, 2021, 6:06 AM MST

Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline.…

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Saudi oil minister says global production could plunge 30% this decade

Tuesday, December 14, 2021, 6:23 AM MST

Saudi Arabia said global oil production could drop 30 per cent by the end of the decade due to falling investment…

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Shell walks 'tightrope' of demands amid climate pressures

Friday, December 10, 2021, 6:24 AM MST

Royal Dutch Shell investors are expected to change the company's name Friday and approve moving its headquarters from the Netherlands…

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Limits on oil production no longer needed, Alberta government says

Friday, December 10, 2021, 6:16 AM MST

Alberta will let its oil production curtailment policy expire on Dec. 31. UCP Energy Minister Sonya Savage says the province…

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Alberta, Saskatchewan energy ministers promote O&G industry, innovation at WPC

Thursday, December 9, 2021, 11:25 AM MST

(Houston) — The energy ministers of Alberta and Saskatchewan provided delegates of this week’s World Petroleum Congress with a first-hand…

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Savage looks ahead to the next World Petroleum Congress in Calgary

Wednesday, December 8, 2021, 3:52 PM MST

As the 23rd World Petroleum Congress in Houston comes to an end this week, Alberta Energy Minister Sonya Savage is already…

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Enbridge sees two options for pipelines after contracting failed

Wednesday, December 8, 2021, 6:22 AM MST

Enbridge Inc. is evaluating two tolling options for its vast Mainline oil pipeline network after a proposal to offer long-term…

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Oil, gas investments must rise to $523 billion a year, says IEF

Wednesday, December 8, 2021, 6:19 AM MST

The Riyadh-based International Energy Forum has called on companies to raise investment in oil and natural-gas production to $523 billion…

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Enbridge raising quarterly dividend, approves $1.1 billion in new capital projects

Tuesday, December 7, 2021, 6:37 AM MST

Enbridge Inc. raised its quarterly dividend as it announced the approval of $1.1 billion in new capital projects. The pipeline…

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BP levels sharpest criticism yet of London’s Brent crude oil market

Tuesday, December 7, 2021, 6:18 AM MST

BP plc said the world’s most important oil benchmark was experiencing ‘regular dislocations,’ in the harshest criticism ever by an…

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Crescent Point Energy raises dividend and production guidance for 2022

Monday, December 6, 2021, 6:10 AM MST

Crescent Point Energy Corp. raised its quarterly dividend as it increased its production guidance for next year. The company says…

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Oilpatch keeping the lid on spending amid record setting output

Friday, December 3, 2021, 6:16 AM MST

Canadian oil and gas companies have been hesitant to loosen the purse strings in spite of this fall's commodity price…

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