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Oil & Gas and Mining News

Academic report calls for public inquiry into Alberta Energy Regulator

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.
Trans Mountain route change will 'desecrate' sacred site: Secwépemc knowledge keeper

Trans Mountain route change will 'desecrate' sacred site: Secwépemc knowledge keeper

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.
Enbridge CEO calls for national Indigenous loan guarantee program

Enbridge CEO calls for national Indigenous loan guarantee program

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.
Undetected broken rail led to fiery Saskatchewan train derailment: report

Undetected broken rail led to fiery Saskatchewan train derailment: report

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.
Canadian oil output to hit new heights within two years: Report

Canadian oil output to hit new heights within two years: Report

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.
TC Energy closes sale of 40 per cent stake in Columbia gas and gulf pipelines

TC Energy closes sale of 40 per cent stake in Columbia gas and gulf pipelines

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.

Birchcliff Energy announces CEO transition, Jeff Tonken to retire

CALGARY — Birchcliff Energy Ltd. has announced the retirement of chief executive officer Jeff Tonken.
Total closes $4B Surmont sale to ConocoPhillips, fully exiting Canadian oilsands

Total closes $4B Surmont sale to ConocoPhillips, fully exiting Canadian oilsands

CALGARY — French company TotalEnergies says it has finalized its sale of its 50 per cent stake in the Surmont oilsands project to U.S. oil company ConocoPhillipsin a deal worth up to $4.4 billion. Canadian oil producer Suncor Energy Inc.
Keyera marks opening of KAPS natural gas pipeline, its largest project to date

Keyera marks opening of KAPS natural gas pipeline, its largest project to date

CALGARY — Keyera Corp. is marking the opening of its KAPS pipeline, a 575-kilometre pipeline in Alberta which will provide additional transportation capacity to natural gas producers in Western Canada.
Saudi Arabia says it will maintain production cuts that have helped drive oil prices up

Saudi Arabia says it will maintain production cuts that have helped drive oil prices up

RIYADH, Saudi Arabia (AP) — Saudi Arabia on Wednesday confirmed that it will maintain a production cut of 1 million barrels of oil a day through the end of the year.
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