Oil & Gas and Mining News

CALGARY — Enerplus Corp. has signed a deal to be acquired by U.S. company Chord Energy Corp. in a stock-and-cash deal worth about US$3.8 billion.

CALGARY — Suncor Energy Inc. says it earned $2.82 billion in the fourth quarter of 2023, up from $2.74 billion in the same period of 2022. The Calgary-based oil company says its net earnings for the three months ended Dec. 31 work out to $2.

VICTORIA — The federal government says the final offshore oil and gas permits for Canada's West Coast have been relinquished.

CALGARY — Canadian-based mining companies that are betting on the global energy transition saw a surge of investor interest in 2023, according to the latest edition of the TSX Venture 50 list.

WINNIPEG — Manitoba's NDP government touted its recent fuel-tax cut as an inflation-buster Tuesday, while the Opposition Progressive Conservatives accused the government of letting costs rise elsewhere.

Seven Alberta First Nations have banded together to seek answers as industry and government move on billion-dollar plans to inject and store millions of tonnes of greenhouse gases underneath or adjacent to their traditional lands.

CALGARY — TC Energy Corp.

CALGARY — Cenovus Energy Inc. is the latest Canadian oilsands company to report surging production levels just in time for the anticipated startup of the Trans Mountain pipeline expansion.

An Alberta power generator has been fined for running a plant for months without regulatory approval.

Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwest United States. The transaction includes approximately 117.