oil and gas

Biden vowing to rip up Keystone XL approvals if former VP wins White House

Biden vowing to rip up Keystone XL approvals if former VP wins White House

Biden is no stranger to standing in the way of the Calgary-based TC Energy project

Biden vowing to rip up Keystone XL approvals if former VP wins White House
Alberta’s energy regulator said Calgary-based Pieridae Energy’s attempted purchase of the southern Alberta assets from Shell Canada goes against the intent of environmental laws, in a May 14, 2020 story. (Photo by THE CANADIAN PRESS)

Alberta Energy Regulator blocks sale of Shell assets over clean-up concerns

CALGARY — Alberta’s energy regulator has cited clean-up concerns in blocking the…

Alberta’s energy regulator said Calgary-based Pieridae Energy’s attempted purchase of the southern Alberta assets from Shell Canada goes against the intent of environmental laws, in a May 14, 2020 story. (Photo by THE CANADIAN PRESS)
TransAlta Corp reported a profit of $27 million in its latest quarter, in a May 12, 2020 story. (File photo by THE CANADIAN PRESS)

TransAlta reports $27M first-quarter profit compared with a loss a year ago

CALGARY — TransAlta Corp. earned a profit of $27 million in its…

TransAlta Corp reported a profit of $27 million in its latest quarter, in a May 12, 2020 story. (File photo by THE CANADIAN PRESS)
Enbridge Inc. reported a first-quarter loss of over one billion, in a May 7, 2020 story. (Photo by THE CANADIAN PRESS)

Enbridge reports $1.43B Q1 loss, moves to cut costs, delay some spending

CALGARY — Enbridge Inc. reported a first-quarter loss of nearly $1.43 billion…

Enbridge Inc. reported a first-quarter loss of over one billion, in a May 7, 2020 story. (Photo by THE CANADIAN PRESS)
Imperial Oil Ltd. has reported the death of 50 birds that landed on tailings areas near its Kearl oilsands project in northern Alberta, in a May 5, 2020 story. (Photo by THE CANADIAN PRESS)

Imperial Oil reports deaths of birds that landed on Alberta tailings ponds

FORT MCMURRAY, Alta. — Imperial Oil Ltd. is reporting the deaths of…

Imperial Oil Ltd. has reported the death of 50 birds that landed on tailings areas near its Kearl oilsands project in northern Alberta, in a May 5, 2020 story. (Photo by THE CANADIAN PRESS)
Trainees Dan Brook and Bradley Williams are directed by instructor Clint Dyck while training to lay down drill pipe on a rig floor, at Precision Drilling in Nisku, on January 20, 2016. (File photo by THE CANADIAN PRESS)

Precision Drilling reports $5.3M Q1 loss, warns of drop in demand well into 2021

CALGARY — Precision Drilling Corp. reported a loss in its first quarter…

Trainees Dan Brook and Bradley Williams are directed by instructor Clint Dyck while training to lay down drill pipe on a rig floor, at Precision Drilling in Nisku, on January 20, 2016. (File photo by THE CANADIAN PRESS)
Lobbying in Ottawa hit monthly records amid oil crash and pandemic, stats show

Lobbying in Ottawa hit monthly records amid oil crash and pandemic, stats show

February and March are typically among the heaviest lobbying periods

Lobbying in Ottawa hit monthly records amid oil crash and pandemic, stats show
Crescent Point Energy Corp. further reduced its capital spending plan, as well as its production, in an April 20, 2020 story. (Photo by THE CANADIAN PRESS)

Companies continue cuts in the oilpatch amid low oil prices in wake of pandemic

CALGARY — Crescent Point Energy Corp. cut its capital spending plan again…

Crescent Point Energy Corp. further reduced its capital spending plan, as well as its production, in an April 20, 2020 story. (Photo by THE CANADIAN PRESS)
Crescent Point Energy Corp. further reduced its capital spending plan, as well as its production, in an April 20, 2020 story. (Photo by THE CANADIAN PRESS)
Crescent Point Energy Corp. further reduced its capital spending plan, as well as its production, in an April 20, 2020 story. (Photo by THE CANADIAN PRESS)
Canadian Association of Petroleum Producers CEO Tim McMillan said Canada’s energy sector is facing an unprecedented fiscal assault from a global collapse in oil prices, in an April 17 story. (Photo by THE CANADIAN PRESS)

Freeze carbon tax, delay new climate regs during virus crisis, oil lobby asks

OTTAWA — Canada’s oil and gas producers have asked the federal government…

Canadian Association of Petroleum Producers CEO Tim McMillan said Canada’s energy sector is facing an unprecedented fiscal assault from a global collapse in oil prices, in an April 17 story. (Photo by THE CANADIAN PRESS)
Canadian Association of Petroleum Producers CEO Tim McMillan said Canada’s energy sector is facing an unprecedented fiscal assault from a global collapse in oil prices, in an April 17 story. (Photo by THE CANADIAN PRESS)
Canadian Association of Petroleum Producers CEO Tim McMillan said Canada’s energy sector is facing an unprecedented fiscal assault from a global collapse in oil prices, in an April 17 story. (Photo by THE CANADIAN PRESS)
Global pact forged to contain oil price crash

Global pact forged to contain oil price crash

Countries agree to cut about 9 million barrels a day

Global pact forged to contain oil price crash
Global pact to contain oil price crash takes shape

Global pact to contain oil price crash takes shape

Global pact to contain oil price crash takes shape

Global pact to contain oil price crash takes shape
Premier noted unemployment rate headed to 25 per cent Tuesday. CP photo

Premier Kenney predicts 25 per cent unemployment in Alberta due to COVID-19

CALGARY — Alberta Premier Jason Kenney has a grim prediction for workers…

Premier noted unemployment rate headed to 25 per cent Tuesday. CP photo
The global economic crisis caused by the coronavirus pandemic has devastated the oil industry in the U.S., in an April 6, 2020 story. (Photo by THE ASSOCIATED PRESS)

Chaos and scrambling in the US oil patch as prices plummet

NEW YORK — In Montana, a father and son running a small…

  • Apr 6, 2020
The global economic crisis caused by the coronavirus pandemic has devastated the oil industry in the U.S., in an April 6, 2020 story. (Photo by THE ASSOCIATED PRESS)
Gulf Arab states are facing crashing oil prices, in a March 11, 2020 story. (Photo by THE ASSOCIATED PRESS)

Saudi, UAE economies rocked by plunging oil prices and virus

DUBAI, United Arab Emirates — It’s been a turbulent week for Saudi…

  • Mar 11, 2020
Gulf Arab states are facing crashing oil prices, in a March 11, 2020 story. (Photo by THE ASSOCIATED PRESS)
Cenovus Energy Inc. is slashing its capital spending plan, in a March 10, 2020 story. (Photo by THE CANADIAN PRESS)

Cenovus cuts 2020 capital spending plan, lowers production guidance for the year

CALGARY — Cenovus Energy Inc. says it is cutting its capital spending…

Cenovus Energy Inc. is slashing its capital spending plan, in a March 10, 2020 story. (Photo by THE CANADIAN PRESS)
Global stock markets and oil prices took a deep dive on March 9, 2020. (Photo by THE ASSOCIATED PRESS)

Stocks, oil plunge over global fight for crude production

BEIJING — Global stock markets and oil prices plunged Monday after a…

  • Mar 9, 2020
Global stock markets and oil prices took a deep dive on March 9, 2020. (Photo by THE ASSOCIATED PRESS)
The oil-producing countries of the OPEC cartel are calling for a deep production cut, in a March 4, 2020 story. (Photo by THE ASSOCIATED PRESS)

OPEC calls for big production cut, but will Russia agree?

VIENNA — The oil-producing countries of the OPEC cartel are calling for…

  • Mar 5, 2020
The oil-producing countries of the OPEC cartel are calling for a deep production cut, in a March 4, 2020 story. (Photo by THE ASSOCIATED PRESS)
The price of oil has dropped precipitously as global demand weakens even further as the coronavirus spreads to more countries, in a March 1, 2020 story. (Photo by THE ASSOCIATED PRESS)

Oil prices fall as coronavirus spreads outside China

NEW YORK — With the viral outbreak spreading to more countries, the…

  • Mar 2, 2020
The price of oil has dropped precipitously as global demand weakens even further as the coronavirus spreads to more countries, in a March 1, 2020 story. (Photo by THE ASSOCIATED PRESS)