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Oil & Gas and Mining News
Oil & Gas and Mining News
Indigenous ownership of Trans Mountain must be 'material', prospective bidder says
CALGARY — As the federal government begins its efforts to sell the Trans Mountain pipeline, the director of one of the groups seeking to buy a stake says nothing less than "material" ownership by Indigenous people is acceptable if Ottawa is serious a
Oct 20, 2023 3:08 PM
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Carbon capture key to net-zero electricity, but federal timelines too tight: report
CALGARY — Carbon capture and storage is key to greening Canada's electricity grid, but meeting the proposed time frame laid out by the federal government will be extremely difficult based on the current state of the technology, according to a new rep
Oct 19, 2023 2:59 PM
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Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests
PORTLAND, Ore. (AP) — Federal regulators have approved the expansion of a natural gas pipeline in the Pacific Northwest over the protest of environmental groups and top officials in West Coast states.
Oct 19, 2023 11:47 AM
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Trucking firm Mullen Group reports $39.1M Q3 profit, revenue edges lower
OKOTOKS, Alta. — Mullen Group Ltd. reported a third-quarter profit of $39.1 million, up from $38.0 million in the same quarter last year as its revenue edged lower.
Oct 19, 2023 6:03 AM
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Impact assessment law ruling could 'reset' Canadian energy policy landscape: CAPP
CALGARY — Last week's ruling by the Supreme Court of Canada against large portions of the federal government's impact assessment law could reset the policy landscape in this country in favour of energy development, the head of a major oil and gas lob
Oct 18, 2023 4:30 PM
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Supreme Court opinion doesn't change plans to regulate oil, gas emissions: Guilbeault
OTTAWA — Regulations to cap greenhouse-gas emissions from oil and gas production will be published later this fall, and they won't be affected by a recent Supreme Court of Canada decision striking down parts of a federal environmental law, Environmen
Oct 17, 2023 3:13 PM
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Wave of billion-dollar oilpatch deals a sign of bullish Canadian energy sector
CALGARY — A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say.
Oct 17, 2023 2:00 AM
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Tourmaline Oil announces deal to buy Bonavista Energy worth $1.45 billion
CALGARY — Tourmaline Oil Corp., Canada's largest natural gas producer, is growing again. The Calgary-based company, headed by CEO Mike Rose, announced Monday it is buying Bonavista Energy Corp. in a deal worth $1.45 billion.
Oct 16, 2023 2:11 PM
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Suncor CEO says company committed to decarbonization, is accused of greenwashing
OTTAWA — Suncor remains totally committed to eliminating its carbon footprint in less than three decades, the company's CEO said Monday on Parliament Hill.
Oct 16, 2023 1:02 PM
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Business groups applaud Supreme Court ruling against federal environmental impact law
CALGARY — Business groups and energy companies celebrated a decision Friday by the Supreme Court of Canada that ruled Ottawa's impact assessment law for major project approvals is largely unconstitutional.
Oct 13, 2023 1:51 PM
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