Oil & Gas and Mining News

CALGARY — Alberta's energy minister says the government will not draw on the public purse to clean up abandoned oil and gas wells. “We will not put public tax dollars into cleaning up wells,” Brian Jean told reporters Tuesday.

CALGARY — Parkland Corp. has named two new independent directors as an activist investor calls for an overhaul of its board.

HALIFAX — A Nova Scotia government bill that would open the door to fracking for fossil fuels and exploring for uranium is dangerous and should be scrapped, environmental advocates and physicians told a legislature committee on Monday.

CALGARY — A shareholder in Parkland Corp. is demanding a board shakeup as the Calgary-based fuel refiner and retailer looks into putting itself up for sale. Engine Capital LP, the New York activist hedge fund that owns 2.

EDMONTON — Despite calling for its demise for years, Alberta Premier Danielle Smith says she isn't fazed by the new prime minister's move to kill the consumer carbon levy.

CALGARY — The chief executive of oilfield services provider Calfrac Well Services has abruptly resigned a day after the company reported a quarterly loss.

FREDERICTON — Nearly seven years after the New Brunswick government went to the Supreme Court to prevent the free movement of alcohol across the country, Premier Susan Holt says the tariff war with the United States is forcing the province to rethink

CALGARY — Alberta's energy minister is hoping that by changing the way the province receives royalties from oilsands bitumen, it may give pipeline companies the certainty they need to build new projects connecting Canada's resources to global markets

CALGARY — Whitecap Resources Inc. and Veren Inc. are joining forces in a $15-billion dollar deal to create a major Canadian shale player that they say will stand stronger against political and market upheaval than if they were to each go it alone.

Trade uncertainty caused by U.S. tariffs both real and threatened has rattled consumer confidence, to the point that volume growth at the Port of Vancouver will suffer, says its chief executive.