Oil & Gas

Bonavista to be delisted from exchange after completing shares for debt deal

Wednesday, August 12, 2020, 4:08 PM MDT

Bonavista Energy Corporation says it has completed a recapitalization plan that will result in a nickel-per-share payout for its shareholders…

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​Brent oil edges above $45 on signs of slowing U.S. COVID cases

Tuesday, August 11, 2020, 6:19 AM MDT

Oil edged higher as markets in Europe and Asia advanced on signs that the surge in coronavirus cases in the…

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​Oil drilling drops to 15-year low with shale in full retreat

Monday, August 10, 2020, 7:32 AM MDT

Drillers cut exploration in U.S. oil fields to a 15-year low as billions of barrels from old discoveries became worthless…

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​Helicopters rush to clean major oil spill near Mauritius coast

Monday, August 10, 2020, 6:40 AM MDT

Helicopters were deployed to help with a major oil spill clean-up operation after a Nagashiki Shipping Co. tanker leaked fuel…

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​Alberta to join other provinces in exploring small nuclear technology

Friday, August 7, 2020, 11:42 AM MDT

The Alberta government says it plans to join three other provinces in exploring small-scale nuclear technology.New Brunswick, Saskatchewan and Ontario…

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​A $433-billion missed opportunity haunts Canada’s oil heartland

Friday, August 7, 2020, 6:59 AM MDT

If any place in North America should have been prepared for the crash in oil prices, it’s petroleum-rich Alberta.Back in…

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​Alaska produced more July oil than it had since 2013

Friday, August 7, 2020, 6:24 AM MDT

The Alaska North Slope region produced more oil in July than it had since 2013.The area's final production averaged 477,896…

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​Canada's federal energy regulator names Indigenous advisory committee

Friday, August 7, 2020, 6:02 AM MDT

Canada's energy regulator has named a new advisory committee that aims to change how it interacts with Indigenous Peoples in…

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​Canadian Natural beats expectations despite loss and halving of revenues

Thursday, August 6, 2020, 7:25 AM MDT

Canadian Natural Resources Ltd. beat analyst expectations despite swinging to a loss in its latest quarter on a halving of…

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​Battle over gas project may shape Australia’s energy future

Thursday, August 6, 2020, 6:32 AM MDT

A key battle over the future of fossil fuels and climate change will soon be decided in a sleepy corner…

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​Climate hawks urge Biden to shun Obama-era energy moderates

Wednesday, August 5, 2020, 6:46 AM MDT

Climate-change activists are pressuring Joe Biden to distance himself from former Obama administration advisers they view as either too moderate…

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​Permian shale chiefs signal growth is over, at least for now

Wednesday, August 5, 2020, 6:23 AM MDT

America’s most prolific shale drillers are accepting a fate once anathema to an industry obsessed with growth: Drilling just to…

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