Oil & Gas

Shell is selling its stake in Australian gas project to BP

Monday, May 1, 2023, 6:38 AM MDT

Shell Plc signed an agreement to sell to BP Plc its 27 per cent stake in the carbon-intensive Browse natural…

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Occidental hopes to sell the carbon it captures at the world’s biggest plant

Monday, May 1, 2023, 6:27 AM MDT

When Occidental Petroleum Corp. opens the world’s biggest plant for capturing carbon dioxide out of the sky in two years, the oil…

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Chevron CEO says Venezuela oil output could rise 50% this year

Monday, May 1, 2023, 6:25 AM MDT

Chevron Corporation’s oil production in Venezuela has reached 100,000 bbls/d and could rise 50 per cent this year, CEO Mike…

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Imperial targeting mid to late decade for its Cold Lake carbon capture project

Monday, May 1, 2023, 6:02 AM MDT

Imperial Oil Limited could begin injecting and storing CO2 emissions from its Cold Lake operations by the middle of this…

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Analysis: Don’t give up the day job: The world still needs oil and gas, and its workers

Thursday, April 27, 2023, 8:37 AM MDT

Oil and gas production will be needed for years to come — but who will run the rigs and work…

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Pioneer CEO will retire and be replaced by COO

Thursday, April 27, 2023, 7:19 AM MDT

Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield, an architect of the shale boom that made the US an…

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Trudeau urged to make good on critical mineral commitments during New York City visit

Thursday, April 27, 2023, 6:16 AM MDT

Prime Minister Justin Trudeau is headed to the U.S., hoping to capitalize on last month's well-received presidential visit as he…

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Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago

Thursday, April 27, 2023, 6:06 AM MDT

Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60…

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Cenovus reports Q1 profit down, lowers production guidance and raises dividend

Wednesday, April 26, 2023, 6:48 AM MDT

Cenovus Energy Inc. lowered its production guidance for the year and raised its dividend as it reported a first-quarter profit…

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The dash for hydrogen

Wednesday, April 26, 2023, 6 AM MDT

Canada is one of several countries looking to develop the first wave of export-focused hydrogen projects. But, with the sector…

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Top production performers for February: Focus on Montney, Duvernay, Clearwater, Charlie Lake

Tuesday, April 25, 2023, 8:50 AM MDT

With a resurgence of drilling across the Western Canadian Sedimentary Basin we continue to see growth in both oil and…

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Oil companies rejected by Supreme Court on climate suits

Tuesday, April 25, 2023, 7:12 AM MDT

The US Supreme Court turned away oil-company appeals that sought a key procedural edge in about two dozen lawsuits blaming…

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