Oil & Gas

Germany opens door to Qatar natural gas in pivot from Russia

Monday, March 21, 2022, 6:56 AM MDT

Qatar said it agreed to work on supplying Germany with liquefied natural gas as Europe’s biggest economy seeks to reduce…

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IEA urges fuel-saving steps with Russia crisis set to worsen

Friday, March 18, 2022, 6:16 AM MDT

The International Energy Agency said the world could lessen an oil shortage caused by Russia’s invasion of Ukraine by restricting…

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China sells U.S. LNG to Europe at a hefty profit

Wednesday, March 16, 2022, 6:52 AM MDT

China resold several U.S. liquefied natural gas shipments to Europe, a rare move by the world’s top buyer that highlights…

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N.L. expects $70 million windfall from surging oil prices, hikes supports for seniors

Tuesday, March 15, 2022, 1:28 PM MDT

Newfoundland and Labrador's finance minister says her department is expecting about $70 million more revenue than forecast this fiscal year…

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Strathcona Resources completes Tucker, Caltex acquisitions

Monday, March 14, 2022, 1:23 PM MDT

Strathcona Resources Ltd. has completed its acquisition of privately held oil company Caltex Resources Ltd. as well as the Tucker…

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Alberta premier files defence in defamation lawsuit

Monday, March 14, 2022, 6:40 AM MDT

Premier Jason Kenney has filed his defence in a defamation lawsuit brought against him by environmental groups over his remarks on the…

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Oil retreats near $104 with focus on Ukraine-Russia talks

Monday, March 14, 2022, 6:28 AM MDT

Oil declined as Ukrainian and Russian negotiators embarked on a further round of talks, after Ukraine’s president said over the…

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Saskatchewan paid out $125M for oil well cleanup before getting legislative approval

Monday, March 14, 2022, 6:21 AM MDT

Saskatchewan's auditor says the Ministry of Energy and Resources violated government legislation by handing out grants for cleaning up inactive…

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Wilkinson expects plan for supplying some oil to Europe ready by March 23

Monday, March 14, 2022, 6:15 AM MDT

Natural Resources Minister Jonathan Wilkinson says it will be another week or two before Canada will know with certainty how…

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Labour shortage constrains growth of Canadian oilpatch

Monday, March 14, 2022, 6:05 AM MDT

Labour shortages in Canada’s oil and gas industry could curb its ability to quickly step in to fill a gap…

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Energy firms pay record prices to buy own shares as oil booms

Friday, March 11, 2022, 6:48 AM MST

Energy stocks are on a roll as soaring oil prices push them to record highs. So what are the companies…

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Kenney tells municipalities no time to super spend despite soaring oil cash

Friday, March 11, 2022, 6:13 AM MST

Premier Jason Kenney is telling municipal leaders that while Alberta is once again flush with oil cash, now is not…

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