Oil Industry

• Metro Vancouver gas prices headed for a fall spike, analyst says

  A sustained rally in the price of oil is likely to push gas prices in the region as high as $2.15 or $2.20 by mid-September, according to one industry analyst.

  Consumer

  Aug 9, 2023
  
• Canada must act as Europe’s energy ‘tragedy’ shows ‘cautionary tale’: Cenovus head

  The European Union is looking down the barrel of a severe energy crisis as Russia continues to weaponize its supply of natural gas to the region.

  Canada

  Jan 22, 2023
  
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• Notley slams feds, Alberta government’s reaction over ‘just transition’ bill

  At a news conference in Calgary Wednesday morning, Alberta NDP leader Rachel Notley said the provincial government is showing 'jaw-dropping levels of incompetence.'

  Economy

  Jan 18, 2023
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• Suncor reaches deal with activist investor Elliott Investment Management

  The agreement between Suncor Energy and Elliott Investment Management LP announced Monday will also see three new independent directors join the company's board.

  Canada

  Jul 18, 2022
• Suncor CEO resigns, company cancels investor update

  Suncor Energy Inc. has cancelled a planned investor update about oilsands operations and safety in wake of CEO Mark Little's resignation.

  Canada

  Jul 11, 2022
• Williston Basin Petroleum Conference is back in Regina

  Despite calls from the oil industry, federally no incentives were given for enhanced oil recovery where carbon is captured and pumped into older oil wells to pull out more oil.

  Economy

  May 19, 2022
• Canada’s oil demand will fall by 2030, IEA report forecasts

  The International Energy Agency projects that under existing climate policies oil production in Canada will grow by about 700,000 barrels a day by 2030 before it starts to recede.

  Economy

  Oct 16, 2021
• Canadian oil drilling contractor association changes name to reflect energy transition

  A 72-year-old bastion of the Canadian oilpatch is changing its name to Canadian Association of Energy Contractors to reflect its members' roles in all forms of energy generation.

  Canada

  May 27, 2021
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• Enbridge and TC Energy CEOs focus on cutting operating emissions from pipelines

  The CEO of Enbridge says regulatory and political obstacles to building pipelines are expected to continue, which should make ``pipe in the ground'' more valuable for investors.

  Economy

  Apr 7, 2021
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• Industry optimism rising to pre-pandemic levels, CAPP energy symposium hears

  The head of CAPP says predictions of the end of the oil industry a year ago have proven false and the sector is rebounding to pre-COVID levels of production and pricing.

  Canada

  Apr 6, 2021