Oil & Gas and Mining News

CALGARY — Alberta's oil and gas producers spent $769 million cleaning up old wells in 2023, a $73 million increase from the prior year, according to a new report.

NEW YORK (AP) — Bitcoin topped $100,000 for the first time as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on.

EDMONTON — Alberta Technology Minister Nate Glubish says he's hoping to see $100 billion worth of artificial intelligence data centres under construction within the next five years.

HALIFAX — A new national study says Nova Scotia's leadership position in energy efficiency has been overtaken by other provinces, including its closest neighbours.

CALGARY — Eight First Nations in Alberta are asking that the $16.5-billion carbon capture and storage project proposed by a consortium of oilsands companies be reviewed under the federal Impact Assessment Act.

PRAGUE (AP) — Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted, Czech officials said Wednesday.

CALGARY — Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The pipeline company says it will pay a quarterly dividend of 94.25 cents per share, up from 91.5 cents per share, effective March 1.

TORONTO — Ontario is urging the federal government to amend proposed electricity regulations after an analysis by the province's system operator concluded the rules would mean $35 billion in additional costs by 2050 — a number environmental groups di

CALGARY — Canada's oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if president-elect Donald Trump makes good on his tariffs threat.

EDMONTON, ALBERTA, CANADA — Federal Environment Minister Steven Guilbeault says Alberta's plan to make greenhouse gas emissions data the property of the provincial government could lead to oil and gas companies breaking federal laws.