Oil & Gas and Mining News

CALGARY — Exploring a potential purchase of the Trans Mountain oil pipeline is not a major priority right now for Pembina Pipeline Corp., the Calgary-based company said.

CALGARY — After a recent spree of large-scale transactions cementing it as the dominant player in two major North American petroleum plays, Crescent Point Energy Corp. says it is done with buying and selling assets for the near future.

CALGARY — Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of Capital Power's recent decision to shelve its own $2.4-billion project associated with the plan.

EDMONTON — The Alberta Utilities Commission has fined another company for operating an electricity generator without a licence — using the power, like other offenders, to operate bitcoin mines.

CALGARY — Pathways Alliance says former MEG Energy president and CEO Derek Evans is its new executive chair.

TORONTO — Ontario's electricity system operator has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.

CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.

OTTAWA — Canada's energy minister is defending carbon capture and storage technology as both effective and affordable, after an Alberta power company walked away from a planned project and a study found that another project got public subsidies to co

PEACE RIVER, Alta. — Police are present at a blockade of an oil lease road in northern Alberta but say they aren't enforcing an injunction for members of a local First Nation to clear the site.

CALGARY — Canadian Utilities Ltd., a subsidiary of Calgary-based holding company ATCO Ltd., plans to build a new, $2-billion natural gas pipeline in Alberta that will supply a massive net-zero petrochemical project being built northeast of Edmonton.