Oil & Gas and Mining News

REGINA — An Opposition emergency motion to suspend the provincial 15-cent-a-litre gas tax failed in the Saskatchewan legislature Tuesday, with Premier Scott Moe saying there are other ways to save people money.

CALGARY — Alberta's government is looking for ways to encourage pipeline companies to boost capacity and increase the province's oil and gas export volumes to the United States.

LEDUC COUNTY, ALTA. — Alberta’s government says it will invest up to $50 million to support the creation of a first-in-Canada drilling test site to support technology development in the oil, gas, geothermal and lithium industries.

EDMONTON — Alberta is forecasting a $4.6-billion surplus for this fiscal year, but Finance Minister Nate Horner says "mounting pressures" threaten to soon put the province in the red.

OTTAWA — Ottawa police say two people were arrested this morning after an "unlawful" demonstration outside Stornoway, the official residence the Opposition leader.

On the outside, the new house just east of Edmonton in Sherwood Park looks like any other Canadian suburban home.

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks.

VANCOUVER — Canada's border agency says it has detained about 50 shipments of cargo over suspicions they were products of forced labour under rules introduced in 2020 — but only one was eventually determined to be in breach of the ban.

CALGARY — Donald Trump's return to the White House is good news for Canada's energy sector and an opportunity for TC Energy Corp., the CEO of the Calgary-based pipeline company said Tuesday.

WASHINGTON — As Donald Trump builds his new energy-focused administration, experts say it could open opportunities for Canada to expand the two countries' long-standing partnership amid threats of widespread tariffs from the president-elect.