Oil & Gas

Canada not on pace to meet target to cut methane emissions by 2025

Tuesday, September 8, 2020, 6:06 AM MDT

Environment Minister Jonathan Wilkinson is open to imposing tougher regulations to curb methane emissions from the oil and gas sector…

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Cleaner LNG one answer to climate change crisis, O'Regan tells investors

Tuesday, September 8, 2020, 5:58 AM MDT

Canadian LNG is the best choice for global energy investors looking for sustainable and competitive natural gas production, Natural Resources…

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Calling all unemployed and temporarily furloughed oil and gas workers: Take the PetroLMI COVID-19 Pandemic Labour Market Impact Survey and enter contest to win $1,000

Thursday, September 3, 2020, 9:39 AM MDT

The PetroLMI division of Energy Safety Canada is surveying oil and gas industry workers to gain insight into how the…

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Keyera names Setoguchi as its next CEO, Smith to retire at the end of 2020

Thursday, September 3, 2020, 6:32 AM MDT

Keyera Corp. says president and chief commercial officer Dean Setoguchi will become its next chief executive after David Smith retires…

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PetroChina and Ovintiv end joint venture deal, agree to split Alberta assets

Wednesday, September 2, 2020, 6:49 AM MDT

PetroChina Canada Inc. says it will be hiring engineers and technical specialists as it creates a new operating team after…

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Crescent Point shares jump on restored oil production and increased guidance

Wednesday, September 2, 2020, 6:42 AM MDT

Shares in Crescent Point Energy Corp. rose Tuesday as investors and analysts applauded its decision to restart oil and gas…

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Obsidian hostile takeover bid for Bonterra shows 'frustration'

Tuesday, September 1, 2020, 7:07 AM MDT

A hostile takeover offer by Obsidian Energy Ltd. launched by making public a letter to the CEO of Bonterra Energy…

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Whitecap offers to buy NAL Resources from Manulife for $155 million in shares

Tuesday, September 1, 2020, 7:01 AM MDT

Whitecap Resources Inc. says it has struck an all-stock deal to buy private oil and gas producer NAL Resources Ltd.…

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Oil climbs above $43 in New York as Goldman strikes bullish tone

Monday, August 31, 2020, 6:21 AM MDT

Oil rose above $43 a barrel in New York to its highest closing level since early March amid a broader…

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Obsidian proposes merger with Bonterra in share swap deal

Monday, August 31, 2020, 6:08 AM MDT

Obsidian Energy Ltd. is proposing a merger with Bonterra Energy Corp. The proposed deal would see Bonterra shareholders own about…

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Oilpatch capital spending fell by 54% in second quarter, StatsCan reports

Sunday, August 30, 2020, 8:35 PM MDT

Statistics Canada says capital spending in the country's oil and gas sector fell by 54 per cent in the quarter…

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Oil industry shuts platforms, rigs, refineries before storm

Thursday, August 27, 2020, 6:10 AM MDT

The energy industry braced Wednesday for catastrophic storm surges and winds as Hurricane Laura cuts a dangerous path toward the…

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