Oil & Gas and Mining News

CALGARY — Exxon Mobil Corp.'s acquisition of Pioneer Natural Resources in a US$59.5 billion mega-deal is being seen by some as a major vote of confidence in fossil fuels that also bodes well for the Canadian oilpatch. The U.S.

CALGARY — Birchcliff Energy Ltd. says a contractor has been killed on the job at one of the company's sites in northern Alberta.

Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.

Academics at the University of Calgary are calling for a public review of the Alberta Energy Regulator, describing it as secretive and too close to industry.

OTTAWA — A Secwépemc law called X7ensq't says that if you disrespect the land and don't take care of it properly, the land and the sky will turn on you. "It's a serious law," said Mike McKenzie, a Secwépemc knowledge keeper.

CALGARY — The CEO of Enbridge Inc. is calling on the federal government to create a national Indigenous loan guarantee program to help First Nations communities in Canada acquire equity stakes in major resource and infrastructure projects.

GUERNSEY, Sask. — A Transportation Safety Board of Canada report says an undetected broken rail led to a fiery train derailment in Saskatchewan in 2019 that spilled about 1.77 million litres of oil.

CALGARY — The coming startup of the Trans Mountain pipeline will help boost Canadian oil production to an all-time high within the next two years, according to a new report.

CALGARY — TC Energy Corp. says it has closed its previously announced sale of a 40 per cent stake in its Columbia Gas Transmission and Columbia Gulf Transmission systems to New York City-based Global Infrastructure Partners for $5.3 billion.

CALGARY — Birchcliff Energy Ltd. has announced the retirement of chief executive officer Jeff Tonken.