Oil & Gas and Mining News

WASHINGTON — A new year will bring Donald Trump back to the White House and start a fresh wave of anxiety as America's closest neighbours prepare for the Republican's disruptive agenda and looming threats of massive tariffs.

EDMONTON — Alberta Premier Danielle Smith is eager to show that her government can finally put the pieces of a dismantled provincial health-care system back together again in the new year.

TORONTO — Canada's main stock index pushed higher to end Monday up almost 150 points on light trading action, while U.S. stock markets also gained ahead of the Christmas break.

BURNABY, B.C. — A union representing striking aviation fuel workers in British Columbia is warning that diversion of the fuel to get around the industrial action could pose an environmental hazard.

WINNIPEG — The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate.

CALGARY — Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.

A Canadian company that has received a US$40-million grant from Bill Gates' climate solutions venture firm says its Alberta test site will be removing carbon directly from the atmosphere as early as this spring.

CALGARY — Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The company says it will pay a quarterly dividend of 13 cents per share, up a penny from 12 cents per share.

OTTAWA — The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal.