Narrowed price discount for oilsands bitumen should boost cash flows in Q2:...
Analysts say a dramatic narrowing in the price discount for western Canadian heavy crude last quarter should mean healthy profits for oilsands producers.
View ArticleRegulator slows Trans Mountain proposal for higher shipping fees
Canada's energy regulator says it won't rubber-stamp Trans Mountain's higher shipping fees. Those fees are needed to pay off the federally owned project's already ballooning debt.
View ArticleExclusive: The feds bought a pipeline for $5B. How did the cost balloon to...
How a pipeline project, purchased by the Trudeau government, went from an initial estimate of $5.4 billion to $30.9 billion, potentially leaving Canadian taxpayers on the hook.
View ArticleOil and gas sector says new data shows it can both hike output and lower...
Canada's oil and gas sector is pointing to new government numbers that it says proves the industry can increase production and lower emissions at the same time.
View ArticleNew hurdle signals more cost overruns for Trans Mountain’s controversial...
The costly implications of an 11th-hour change in construction plans by Trans Mountain for the controversial Trans Mountain bitumen pipeline expansion project.
View ArticleTotal closes $4B Surmont sale to ConocoPhillips, fully exiting Alberta’s...
French company TotalEnergies says it has finalized its sale of its stake in the Surmont oilsands project to U.S. oil company ConocoPhillips in a deal worth up to $4.4 billion.
View ArticleWave of major oilpatch deals a sign of bullish Canadian energy sector
A wave of high-profile mergers and acquisitions in the oilpatch is a sign of an industry that is flush with cash and increasingly confident, experts say.
View ArticleAlberta Energy Regulator won’t reconsider approval for Suncor expansion into...
Alberta's energy regulator ruled Thursday that it won't reconsider approvals for Suncor to expand an oilsands mine into a wetland once considered for environmental protection.
View ArticlePathways Alliance increasingly confident $16.5B carbon capture project will...
Pathways president Kendall Dilling says he feels more confident than he did a year ago, adding the group is preparing to file for regulatory approval within the next few months.
View ArticleCap on greenhouse gas emissions singles out Alberta, Premier Danielle Smith says
Although Alberta may argue the cap is a backdoor attempt to manage oil and gas, an economist said the Supreme Court has determined Ottawa has the right to manage toxic emissions.
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