Oil & Gas and Mining News

TC Energy Corp. says it plans to keep its discretionary spending focused on the U.S. as it downplayed the chances of reviving an eastern energy export route from Canada.

OTTAWA — Statistics Canada says manufacturing sales rose for a third straight month as they increased 0.3 per cent to $71.4 billion in December.

CALGARY — Alberta's energy watchdog has chosen a former oil and gas company CEO as its new boss. Rob Morgan, who most recently led Strathcona Resources Ltd.

CALGARY — Parkland Corp. says its largest shareholder is no longer bound by the voting and standstill restrictions that were part of a governance agreement between the two.

OTTAWA — Liberal leadership candidate Chrystia Freeland’s pitch to export liquefied natural gas (LNG) to allies is drawing skeptical reactions from those who say her government neglected the sector over the past decade.

CALGARY — AltaGas Ltd. and Keyera Corp. have signed a deal to work together in a plan they say will see more Canadian energy products reach Asian markets.

MONTREAL — Federal Energy Minister Jonathan Wilkinson says Ottawa and the provinces should discuss the possibility of an oil pipeline to Eastern Canada to improve energy security and diversify trade.

CALGARY — While hoping to avoid a trade war, Suncor chief executive Rich Kruger says the company is fairly well-positioned to limit the impact if it escalates.

CALGARY — Suncor Energy Inc. says it earned $818 million in the fourth quarter of 2024, down from $2.82 billion a year earlier, as it saw upstream production rise.

QUÉBEC — The Quebec government says it would be open to reviving a liquefied natural gas project in the Saguenay region to transport Alberta energy overseas, as a way to reduce the country's reliance on the United States as an export market.