Oil & Gas


Canada's crude oil exports have increased 15-fold in 30 years: report

Tuesday, June 15, 2021, 6:04 AM MDT

The value of crude oil exports from Canada has increased over 15-fold in the last 30 years, according to a…

Read Article


N.L. oil workers gather in last ditch effort to save Terra Nova offshore oilfield

Monday, June 14, 2021, 3:52 PM MDT

About 100 oil workers gathered outside Newfoundland and Labrador’s legislature Monday, a day before Suncor Energy was expected to announce…

Read Article


Terra Nova oilfield shutdown could cost N.L. hundreds of millions of dollars

Monday, June 14, 2021, 6:32 AM MDT

The full shutdown of the dormant Terra Nova offshore oilfield could leave Newfoundland and Labrador on the hook for hundreds of millions of…

Read Article


Bridging the Digital Divide: How to ensure Canadian oilfield and utilities workers are ready for the impending technology transformation

Monday, June 14, 2021, 6:02 AM MDT

Three key recommendations from PwC’s field worker survey The pace of technology change is expected to accelerate over the next…

Read Article


Tourmaline Oil signs deal to buy Black Swan Energy worth $1.1B in stock and debt

Monday, June 14, 2021, 5:31 AM MDT

Tourmaline Oil Corp. says it has signed a deal to buy Black Swan Energy Ltd. in a deal worth $1.1…

Read Article


Global oil demand to hit pre-virus level next year, IEA says

Friday, June 11, 2021, 7:14 AM MDT

Global oil demand will recover to pre-pandemic levels late next year, the International Energy Agency predicted, urging OPEC and its…

Read Article


G-7 eyes ambitious shift to electric cars and away from oil

Thursday, June 10, 2021, 6:47 AM MDT

Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener…

Read Article


Force behind renaming and relocation of Encana set to retire in August

Wednesday, June 9, 2021, 6:56 AM MDT

The head of the energy company formerly called Encana is retiring this summer. Ovintiv Inc. says chief executive Doug Suttles…

Read Article


The retreat of Exxon and the oil majors won’t stop fossil fuel

Wednesday, June 9, 2021, 6:41 AM MDT

When Exxon Mobil Corporation decided to get out of a big oil field in Iraq, the government took on the unusual…

Read Article


Crescent Point sells non-core southeast Saskatchewan assets for $93 million

Tuesday, June 8, 2021, 6:13 AM MDT

Crescent Point Energy Corp. has sold its remaining non-core southeast Saskatchewan conventional assets for $93 million. As a result of…

Read Article


Rosneft warns of ‘severe’ oil shortage amid hasty energy shift

Monday, June 7, 2021, 6:37 AM MDT

Russian oil giant Rosneft PJSC warned of an impending shortfall in supply as global producers increasingly channel funds into a…

Read Article


Exxon activist expands boardroom presence with third seat

Friday, June 4, 2021, 6:33 AM MDT

Exxon Mobil Corp. activist investor Engine No. 1 expanded its presence on the oil giant’s board to three seats, according…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.