Oil And Gas

• Higher oil prices don’t shake industry talk on spending discipline at CAPP conference

  The price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is still focused on spending discipline.

  Canada

  Apr 10
  
• Canadian energy producers say they’re prepared for 2024 drought, wildfire risks

  Canadian energy producers say they are prepared and ready for what could be another spring and summer of drought and wildfires in Western Canada.

  Canada

  Apr 9
  
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• Road oil demand to peak by 2032 as EVs become more common, Goldman forecasts

  Goldman said the 1.7 billion global vehicles drove 47 per cent of 2023 oil demand, with gasoline consumption driving about half of road demand.

  Economy

  Apr 2
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• Parkland puts 157 convenience store and fuel station locations up for sale

  Parkland Corp. is selling 157 gas stations under the Chevron, Ultramar, Pioneer and FasGas brands, as well as the On the Run convenience store banner.

  Economy

  Mar 26
• Gas prices take big jump in N.S. and N.B. Will the spikes continue?

  In Nova Scotia, the provincial regulator posted a 5.5 cent jump in the price of regular self-serve gasoline — to a minimum of 170.4 cents per litre in the Halifax area.

  Economy

  Mar 22
• Pipeline shortages to return soon after Trans Mountain expansion comes online

  Canada's oil industry will have reason to celebrate when the Trans Mountain pipeline expansion comes online. But the party may be short-lived.

  Economy

  Mar 11
• First Nations want feds to let them use oil and gas cleanup funds not spent by Alberta government

  The First Nation chiefs spoke at a news conference west of Edmonton on Monday.

  Environment

  Mar 11
• Alberta rural municipalities say $43M in oil and gas industry taxes went unpaid last year

  Some energy companies are still failing to pay millions of dollars in taxes, says a survey released this week by the Rural Municipalities of Alberta.

  Politics

  Feb 28
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• CAPP forecasts slight increase in Canadian oil and gas capital spending in 2024

  The industry group representing Canada's oil and gas producers says capital investment in the sector will edge slightly higher in 2024.

  Economy

  Feb 27
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• Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows

  When the Trans Mountain pipeline expansion begins shipping oil, the recent increase in crude-by-rail shipments should reverse, said BMO Capital Markets analyst Ben Pham.

  Economy

  Feb 26