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Oil & Gas and Mining News
Oil & Gas and Mining News
'A first step': Crowsnest Pass mayor excited about Northback drilling approval
CALGARY — The mayor of Crowsnest Pass in southwestern Alberta says the Alberta Energy Regulator's approval of a controversial coal exploration project on the eastern slopes of the Rocky Mountains is long overdue. "I think they finally woke up.
May 16, 2025 1:40 PM
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Strathcona Resources aims to join oilsands 'doppelgangers' with MEG takeover bid
CALGARY — The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.
May 16, 2025 1:38 PM
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'Trump factor' could cause gas price volatility this summer, analyst says
CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.
May 16, 2025 1:23 PM
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Stockwell Day supports Alberta vote on separation, warns it's dangerous for Tories
OTTAWA — The Alberta separatist movement presents a danger to the federal Conservative party, said former Tory member of Parliament Stockwell Day.
May 16, 2025 12:34 PM
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Pipeline company South Bow sees profits, revenues fall in first quarter
CALGARY — Crude pipeline operator South Bow Corp. has reported a drop in quarterly profits and revenues.
May 16, 2025 11:22 AM
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Keystone restrictions, market uncertainty weigh on South Bow earnings forecast
CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline.
May 16, 2025 11:14 AM
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Alberta regulator approves Northback coal exploration project in Rocky Mountains
The Alberta Energy Regulator approved on Thursday a controversial coal exploration project on the eastern slopes of the Rocky Mountains. Northback Holdings Corp.
May 15, 2025 5:48 PM
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Enbridge sells stake in Westcoast pipeline to B.C. First Nations group for $715M
CALGARY — For more than 65 years, Enbridge Inc.'s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia.
May 15, 2025 10:47 AM
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Strathcona Resources selling Montney assets for $2.84 billion
CALGARY — Strathcona Resources Ltd. has signed a series of three agreements to sell its assets in the Montney region valued at a total of $2.84 billion. The company says once the deals are complete it will be a pure-play heavy oil company.
May 15, 2025 10:30 AM
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Manufacturing sales fell in March, wholesale sales edged higher: StatCan
OTTAWA — Statistics Canada says manufacturing sales fell 1.4 per cent in March to $71.9 billion as sales fell in the primary metal and petroleum and coal product subsectors. The agency says sales of primary metals fell 6.5 per cent to $5.
May 15, 2025 6:18 AM
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