Oil & Gas
U.S. oil comprised 77 per cent of Canada's foreign oil imports last year: regulator
Wednesday, April 14, 2021, 6:16 AM MDT
Canada is growing ever more reliant on imported American oil, a new report from the country's energy regulator suggests, putting…
U.S. oil output nears levels not seen since pandemic’s start
Tuesday, April 13, 2021, 6:29 AM MDT
The Permian Basin, the U.S.’s most prolific shale patch, will produce crude oil at levels not seen since the start…
Tamarack Valley strikes deal to buy private Anegada Oil for $494 million
Monday, April 12, 2021, 6:49 PM MDT
In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada…
Non-profit Quebec law centre to aid environmental group targeted by Alberta oil firm
Monday, April 12, 2021, 6:22 AM MDT
The Quebec Environmental Law Centre is coming to the aid of an environmental group targeted by an Alberta oil company…
Shell to make first profit from oil output since pandemic
Wednesday, April 7, 2021, 6:23 AM MDT
Royal Dutch Shell plc said it expects to make the first profit from pumping oil since the start of the…
Industry optimism rising with production but producers still cautious
Tuesday, April 6, 2021, 5:12 PM MDT
Predictions of the end of the oil industry during a global price war and the pandemic a year ago have…
Bonterra Energy CEO says end of takeover battle with Obsidian comes as a relief
Thursday, April 1, 2021, 6:28 AM MDT
The chairman and CEO of Bonterra Energy Corp. says he's relieved that rival Obsidian Energy Ltd. ended its hostile takeover…
Study finds Alberta quotas successfully boosted crude prices, warns of lingering effects
Thursday, April 1, 2021, 6:21 AM MDT
An oil curtailment system set in place by the Alberta NDP in early 2019 and continued by the United Conservative…
Seven Generations Energy and ARC Resources shareholders approve $8.1 billion merger
Thursday, April 1, 2021, 6:12 AM MDT
Shareholders owning more than 95 per cent of the stock in ARC Resources Ltd. have approved its merger with fellow…
OPEC+ panel revises down oil-demand estimate before meeting
Wednesday, March 31, 2021, 6:44 AM MDT
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of…
New Mexico passes stricter rules to cut gas flaring
Monday, March 29, 2021, 7:03 AM MDT
New Mexico became the latest state to impose stricter rules to combat the flaring and venting of natural gas. The…
A sign of the times: CAODC drilling association ponders change to 72-year-old name
Monday, March 29, 2021, 6:15 AM MDT
In a sign of changing times in the oilpatch, the head of the group representing contract drilling companies in Canada…
