Oil & Gas

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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Kenney calls U.S. preference for OPEC ‘inexplicable’

Thursday, March 10, 2022, 6:59 AM MST

Alberta Premier Jason Kenney urged the U.S. to change its energy policies that he said prioritizes oil and gas imports…

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Premier says N.L. oil can replace Russian oil, but experts warn it’s not that easy

Thursday, March 10, 2022, 6:10 AM MST

Newfoundland and Labrador Premier Andrew Furey says oil from his province could help countries transition away from Russian fossil fuels,…

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Wilkinson sees ‘limited’ scope to help U.S., Europe

Wednesday, March 9, 2022, 6:39 AM MST

Canada’s top energy official downplayed the country’s ability to immediately boost oil and gas exports to help ease soaring prices…

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Alberta rural municipalities say unpaid oilpatch taxes rising despite high oil prices

Wednesday, March 9, 2022, 6:07 AM MST

The amount of unpaid taxes energy companies owe to small-town Alberta is growing despite high oil prices, the province’s rural…

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Canada can increase oil exports to U.S., but can't fill hole left by Russia: experts

Wednesday, March 9, 2022, 5:57 AM MST

Canadian oil producers have some capacity to immediately increase exports to the U.S., industry insiders and analysts say, but anything…

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Key U.S. lawmakers strike deal to ban Russian crude

Tuesday, March 8, 2022, 6:47 AM MST

Key lawmakers announced the outline of bipartisan legislation to bar imports of Russian oil into the U.S., paving the way…

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