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Oil & Gas and Mining News

Enbridge says it would pitch new Alberta-B. C. pipeline only under right conditions

Enbridge says it would pitch new Alberta-B. C. pipeline only under right conditions

CALGARY — Alberta Premier Danielle Smith has expressed confidence one or more private-sector pipeline operators will come forward with a plan to ship oilsands crude to the Port of Prince Rupert, B.C.
Parkland shareholders approve Sunoco takeover, management board slate

Parkland shareholders approve Sunoco takeover, management board slate

CALGARY — Fuel refiner and retailer Parkland Corp. says shareholders have voted in favour of its planned takeover by U.S. company Sunoco LP.
S&P Global revises oilsands outlook upward despite crude market volatility

S&P Global revises oilsands outlook upward despite crude market volatility

CALGARY — Oilsands output is forecast to hit a new record this year and add another half a million barrels a day from last year's levels by 2030 despite global crude price uncertainty, S&P Global Commodity Insights says in a new report.
Review of fossil fuel subsidies stalls as Argentina ceases communication with Canada

Review of fossil fuel subsidies stalls as Argentina ceases communication with Canada

OTTAWA — A peer review of fossil fuel subsidies between Canada and Argentina — already years behind schedule — stalled after Argentina ceased communication following its 2023 election and change in government.
Nova Scotia to fund Mi'kmaq-led climate change action on Cape Breton

Nova Scotia to fund Mi'kmaq-led climate change action on Cape Breton

The Nova Scotia government is giving the Unama’ki Institute of Natural Resources in Cape Breton $893,000 to fund Mi’kmaq-led climate change adaptation work.
The Strait of Hormuz is a vital route for oil. Closing it could backfire on Iran

The Strait of Hormuz is a vital route for oil. Closing it could backfire on Iran

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that pass through it every day. The U.S.
Competition Bureau reaches deal with Canadian Natural Resources over gas processing

Competition Bureau reaches deal with Canadian Natural Resources over gas processing

OTTAWA — The Competition Bureau says Canadian Natural Resources Ltd. has agreed to sell 75 per cent of its interest in its Seiu Lake natural gas processing plant to address competition concerns related to its proposed acquisition of Schlumberger N.V.
Strathcona defends unsolicited takeover offer for oilsands peer MEG Energy

Strathcona defends unsolicited takeover offer for oilsands peer MEG Energy

CALGARY — Strathcona Resources Ltd. says MEG Energy Corp. has made errors and misleading statements in its justifications for rejecting its unsolicited takeover bid.
Resident raises concerns with Cenovus well leak in Saskatchewan

Resident raises concerns with Cenovus well leak in Saskatchewan

PAYNTON — Cenovus Energy Inc. is facing questions over a well leak at a thermal facility in western Saskatchewan, where an area resident says some are concerned about their health.
CAPP survey shows oilpatch spends billions on Indigenous-affiliated businesses

CAPP survey shows oilpatch spends billions on Indigenous-affiliated businesses

CALGARY — Oilpatch companies are big spenders on Indigenous-affiliated businesses, according to a survey commissioned by the Canadian Association of Petroleum Producers released Thursday.
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