Oil & Gas

Sale of Heartland Petrochemical Complex one option under review: Inter Pipeline CEO

Monday, February 22, 2021, 6:17 AM MST

The CEO of Inter Pipeline Ltd. says the Calgary-based company's review of strategic alternatives announced Thursday could include the sale…

Read Article

Kenney says no new taxes as Alberta preps for another tough times pandemic budget

Monday, February 22, 2021, 6:05 AM MST

On Thursday it's budget day in Alberta, a time that will cruelly and ironically remind residents that last year's projected…

Read Article

Unpaid Alberta oilpatch property taxes triple in two years: rural municipalities

Friday, February 19, 2021, 6:18 AM MST

The exponential growth of unpaid property taxes from Alberta’s struggling oilpatch is threatening small communities and they need new ways…

Read Article

Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal

Thursday, February 18, 2021, 6:07 AM MST

Royal Dutch Shell is further reducing its exposure to the Alberta oilpatch with a deal to sell producing light oil…

Read Article

Interior postpones March oil leases onshore and offshore

Tuesday, February 16, 2021, 6:13 AM MST

Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with…

Read Article

Court told Alberta commissioner should continue foreign funding of oil critics probe

Tuesday, February 16, 2021, 6:07 AM MST

A court has been told that a man leading an inquiry into alleged foreign-funded anti-Alberta energy campaigns should be allowed…

Read Article

Enbridge reports higher fourth quarter profits despite rising Line 3 costs

Friday, February 12, 2021, 7:14 AM MST

Enbridge Inc. says its profits rose in the fourth quarter, despite increasing costs of its Line 3 project. The company…

Read Article

'Political gunfight:' Environmental law group challenges Alberta oil inquiry in court

Friday, February 12, 2021, 6:11 AM MST

An environmental charity is arguing an inquiry into alleged foreign-led campaigns targeting the oil and gas sector set out to…

Read Article

Shares in both Arc Resources and Seven Generations jump on news of oilpatch merger

Friday, February 12, 2021, 6:01 AM MST

Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the…

Read Article

Keyera shares fall after it reports 23% rise in delayed pipeline cost to $1.6 billion

Thursday, February 11, 2021, 6:04 AM MST

Estimated costs for a proposed Alberta natural gas liquids pipeline put on hold last year amid the COVID-19 pandemic and…

Read Article

Texas oil regulator signals flaring crackdown after backlash

Wednesday, February 10, 2021, 7:09 AM MST

Texas’s energy regulator is taking an uncharacteristically critical approach toward burning off excess natural gas, a sign that growing pressure…

Read Article

SNC Lavalin shares spike after announcing sale of resources oil and gas business

Wednesday, February 10, 2021, 6:41 AM MST

SNC-Lavalin Group Inc. shares surged more than 11 per cent after the company took steps to reduce risks by moving…

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.