Oil & Gas
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…
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,…
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…
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…
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.…
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…
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…
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…
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…
Obsidian extends offer for Bonterra, lowers minimum tender condition
Monday, December 21, 2020, 6:34 AM MST
Obsidian Energy Ltd. is extending its hostile takeover offer for Bonterra Energy Corp. and lowering the minimum tender condition for…
Observers see rays of hope for 2021 in Canada's gloomy oil and gas sector
Monday, December 21, 2020, 6:31 AM MST
The sombre mood that has gripped the Calgary-based oilpatch for several years is starting to show flickers of hope, with…
Shell Canada’s names new president
Friday, December 18, 2020, 7:13 AM MST
Susannah Pierce, who has been the public face of the $40 billion LNG Canada project in B.C., has been named…
