Skip to content

Oil & Gas and Mining News

Carney needs to 'pick a lane' on climate priorities and energy boost, activist says

Carney needs to 'pick a lane' on climate priorities and energy boost, activist says

OTTAWA — Climate activists and energy leaders say Prime Minister Mark Carney will need to make some hard choices on whether to bolster the country’s oil and gas sector as means of achieving economic stability.
Read more >
Whitecap Resources' $15B combination with Veren now official

Whitecap Resources' $15B combination with Veren now official

CALGARY — The $15-billion deal to combine of Whitecap Resources Inc. and Veren Inc. has closed, creating Canada's seventh largest oil and gas producer. The new company is operating under the Whitecap name and management team.
Read more >
Ensign Energy Services reports Q1 profit compared with a loss a year ago

Ensign Energy Services reports Q1 profit compared with a loss a year ago

CALGARY — Ensign Energy Services Inc. reported a profit in its latest quarter compared with a loss a year ago as its revenue edged up. The oilfield services company says its net income attributable to common shareholders amounted to $3.
Read more >
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: HBC Hudson's Bay is expected to return to court Tuesday to seek permission to extend its creditor protection, currently in place until May 15, to July 31.
Read more >
'Take it to the next level': Oil and gas industry players embracing AI and other tech

'Take it to the next level': Oil and gas industry players embracing AI and other tech

CALGARY — Haul trucks, shovels, pumps and pipes are common sights at Imperial Oil's vast oilsands operations in northeastern Alberta, but so too are robots and drones, with generative artificial intelligence a newer addition to the technological mix.
Read more >
Quebec sovereigntists watch Alberta referendum talk with optimism, disdain

Quebec sovereigntists watch Alberta referendum talk with optimism, disdain

MONTREAL — As Alberta flirts with the possibility of a referendum on separation, Quebec sovereigntists are watching with interest — and a healthy dose of skepticism.
Read more >
Appeal denied for Calgary man convicted in multimillion-dollar Ponzi scheme

Appeal denied for Calgary man convicted in multimillion-dollar Ponzi scheme

CALGARY — An Alberta court has denied the appeal of a Calgary man convicted three years ago of a Ponzi scheme that saw his clients bilked out of millions of dollars.
Read more >
Pembina Pipeline sees enough demand for potential expansion to Cedar LNG project

Pembina Pipeline sees enough demand for potential expansion to Cedar LNG project

CALGARY — The chief executive of Pembina Pipeline Corp. says he believes there will be enough demand to support an expansion to the Cedar LNG project on the B.C.
Read more >
Enbridge CEO 'completely enthused' by conversation around energy in Canada, U.S.

Enbridge CEO 'completely enthused' by conversation around energy in Canada, U.S.

CALGARY — The chief executive of pipeline builder Enbridge Inc. says he's encouraged by how governments in both Canada and the United States are recognizing the need to build oil and gas projects more quickly.
Read more >
Pembina Pipeline reports higher profits, revenues for first quarter

Pembina Pipeline reports higher profits, revenues for first quarter

CALGARY — Pembina Pipeline Corp. has reported higher profits and revenues for the first quarter. Earnings were $502 million for the three months ended March 31, up from $438 million during the same period of 2024.
Read more >