Oil & Gas and Mining News

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

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

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.

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.

OTTAWA — Suncor remains totally committed to eliminating its carbon footprint in less than three decades, the company's CEO said Monday on Parliament Hill.

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.

The Supreme Court of Canada ruled Friday against federal legislation dealing with the environmental effects of major developments.

CALGARY — Most of Canada's small and mid-sized publicly traded companies are not at all prepared for potentially forthcoming new requirements that could force them to disclose their climate impacts, the CEO of the company that operates the Toronto St

CALGARY — TC Energy Corp. is bringing back former chief executive Hal Kvisle to serve as chair of the board of the new liquids pipeline company it plans to spin off. Kvisle was president and chief executive of TransCanada Corp.

WASHINGTON (AP) — The Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap .