Oil & Gas


Whitecap Resources plans more gas drilling in late 2022 as prices surge

Thursday, April 28, 2022, 6:42 AM MDT

Whitecap Resources Inc. plans to increase natural gas activity in the second half of the year to capitalize on a…

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CAPP names new president and CEO

Thursday, April 28, 2022, 6:16 AM MDT

The Canadian Association of Petroleum Producers has named Lisa Baiton as its new president and CEO. Baiton replaces outgoing president…

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Big Oil’s huge Russia writedowns eased by cash from $100 oil

Tuesday, April 26, 2022, 6:52 AM MDT

Big Oil is walking away from tens of billions of dollars of Russian assets, but $100 crude is easing the…

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Long-term gas deals become pricey as world moves to quit Russia

Thursday, April 21, 2022, 6:24 AM MDT

Liquefied natural gas suppliers are asking clients to pay much higher rates for new long-term contracts, as a global effort…

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Alberta introduces bill for electricity bill rebates, possible natural gas rebates

Thursday, April 21, 2022, 6:13 AM MDT

The Alberta government has introduced legislation that would fulfil a promise to provide $150 in electricity rebates. Dale Nally, associate…

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Energy transition still means billions in fossil-fuel investment

Wednesday, April 20, 2022, 6:35 AM MDT

The energy crisis triggered by Russia’s invasion of Ukraine is increasing the world’s motivation to shift to low carbon energy,…

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LNG terminal company Excelerate rises after $384 million IPO

Thursday, April 14, 2022, 7:16 AM MDT

LNG terminal company Excelerate Energy Inc. rose 12 per cent in its trading debut after raising $384 million in the…

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LNG projects may get funding boost from U.S. export bank plan

Thursday, April 14, 2022, 7:05 AM MDT

A new plan by the U.S. Export-Import Bank could yield a flood of financing for U.S. energy ventures, including wind…

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Oil outlooks splinter on impact of Russia’s invasion of Ukraine

Thursday, April 14, 2022, 6:38 AM MDT

Forecasters are divided over the impact that Russia’s attack on Ukraine will have on oil markets. They all see weaker demand growth than…

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LNG Canada joint venture names new chief executive

Thursday, April 14, 2022, 6:12 AM MDT

The joint-venture building a major liquefied natural gas terminal at Kitimat, B.C. has named Jason Klein as its new chief…

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Quebec LNG backers seek EU boost to revive rejected project

Monday, April 11, 2022, 6:15 AM MDT

Promoters of a stalled project to build a C$9 billion ($7.2 billion) terminal to export liquefied natural gas from Quebec…

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Federal environment minister approves Bay du Nord oil project off Newfoundland

Thursday, April 7, 2022, 6:14 AM MDT

Federal Environment Minister Steven Guilbeault has approved a new oil project off the coast of Newfoundland with what Ottawa is…

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