The global fossil fuel industry is heading toward a major crisis by 2035, and Canada’s oilsands will likely be among the first to collapse when the so-called “carbon bubble” bursts, according to a new study looking at advancements in clean energy. Continue reading →

The decision comes after several appeals courts ruled that the government was interpreting a century-old law aimed at protecting birds too broadly. Continue reading →

“There is still this overarching lack of support for the oil industry, which has essentially made Canada what it is today,” Mark Salkeld said on Tuesday. Continue reading →

Spanish oil and gas giant Repsol is looking to sublet some of its downtown Calgary office space, adding to a market already swollen by energy industry cutbacks and layoffs. Continue reading →

The Conference Board of Canada says the oil industry will continue to lose money for much of this year despite stronger financial conditions and the promise of new pipeline capacity. Continue reading →

Mergers and acquisitions experts are predicting fewer Canadian oil and gas companies will go bust over the next year as most of the “troubled children” of the industry have already failed or been sold. Continue reading →

Canada’s largest pipeline operator said Wednesday it has eliminated about 370 positions in Canada and about 160 in the U.S. Continue reading →

It’s very nice that Prime Minister Justin Trudeau was feted in Washington but Canada should hope for concrete benefits from his new relationship with the U.S. president, interim Conservative Leader Rona Ambrose said Monday. Continue reading →

Calfrac Well Services Ltd. has shed more than 1,700 jobs from its Canadian and U.S. workforce since the end of 2014, underscoring how painful the crude price collapse has been for oilfield services firms. Continue reading →