Oil & Gas and Mining News

CALGARY — MEG Energy Corp. has started bringing workers back to its Christina Lake oilsands site after evacuating all non-essential personnel last week due to wildfires in northern Alberta.

The southern resident killer whale known as Tahlequah captured global sympathy in 2018 when she pushed the body of her dead calf for more than two weeks in waters off British Columbia's south coast.

CALGARY — With its recent buying spree behind it, Veren Inc. – formerly Crescent Point Energy Corp. – is turning its attention to paying down debt. The oil and gas producer said Thursday its net debt as of June 30, 2024 was $3.

GATINEAU, Que. — The federal Competition Bureau says it has launched an investigation into retail gasoline consultancy Kalibrate to see whether the services it offers are negatively affecting competition between gas stations in Canada.

CALGARY — Suncor Energy Inc. filed a disclosure document last year laying out what would happen if extreme weather were to force a 10-day shutdown of its massive Base Plant oilsands mine in northern Alberta.

EDMONTON — A prominent Alberta utility is seeking to delay a hearing on appropriate remedies for gas and electricity rates the province's utilities regulator says were neither reasonable nor justified.

CALGARY — Out-of-control wildfires blazing in northern Alberta have prompted fresh evacuations of workers from oilsands sites. MEG Energy Corp.

CALGARY — TC Energy Corp., the Canadian company behind the ill-fated Keystone XL pipeline, has suffered a major blow after a trade tribunal tossed out its claim to US$15 billion in damages.

OTTAWA — Ottawa intends to ban the installation of oil furnaces in new construction as soon as 2028, Energy Minister Jonathan Wilkinson announced Tuesday.

Economists say an unexpected dip in the national inflation rate bodes well for the prospects of the Bank of Canada making a second straight cut to its benchmark interest rate when it meets later this month. Canada's annual inflation rate fell to 2.