Oil & Gas and Mining News

EDMONTON — Internal documents from Alberta's energy regulator suggest the province's environmental liability for hundreds of thousands of oil and gas wells could be nearly triple the figure the agency announced earlier this week.

CALGARY — Shares of Birchcliff Energy Ltd. fell more than nine per cent in trading on Thursday after the company cut its quarterly dividend in half and lowered its expectations for capital spending and production for the year.

BISMARCK, N.D. (AP) — Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say.

Alberta's oil and gas producers spent nearly $700 million in 2022 on cleaning up the hundreds of thousands of old wells that dot the province, the regulator's first report on the extent of those liabilities indicates.

CALGARY — CEO pay in the oil and gas sector has soared with the industry's post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion this year, a new report projects.

ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.

CALGARY — Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion.

CALGARY — The imminent completion of the Trans Mountain pipeline expansion is more likely following Friday's decision by the Canada Energy Regulator to approve a request for a pipeline variance from the company building the project.

EDMONTON — The Transportation Safety Board says external corrosion led to a natural gas pipeline rupture that caused an explosion near a small northwestern Alberta community.

CALGARY — The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance.