Energy Sector

• U.S. buyers increasingly eyeing cheaper Canadian oil and gas valuations

  Companies operating in the huge Montney shale formation, which spans northern Alberta and British Columbia, are most attractive to potential buyers.

  Canada

  Nov 2, 2023
  
• CEO of Enbridge calls for national Indigenous loan guarantee program

  The CEO of Enbridge Inc. is calling for the creation of a federal Indigenous loan guarantee program.

  Money

  Oct 6, 2023
  
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• Total closes $4B Surmont sale to ConocoPhillips, fully exiting Alberta’s oilsands

  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.

  Money

  Oct 4, 2023
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• Keyera Corp. marks opening of 575-kilometre pipeline in Alberta

  Keyera Corp. is marking the opening of a 575-kilometre pipeline in Alberta which will provide additional transportation capacity to natural gas producers in Western Canada.

  Money

  Oct 4, 2023
• Strathcona Resources closes Pipestone Energy merger deal creating 5th largest oil producer in Canada

  Pipestone shareholders voted to approve the deal last week in a move to create the fifth largest oil producer in Canada.

  Money

  Oct 3, 2023
• NDP MP wants Suncor CEO to tell MPs why company moving away from focus on clean energy

  NDP MP Charlie Angus will ask the natural resources committee to summon the CEO of oilsands giant Suncor when the House of Commons resumes next week.

  Environment

  Sep 11, 2023
• Crescent Point Energy inks deal to sell assets in North Dakota for $675M cash

  Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a private operator for about $675 million in cash.

  Money

  Aug 24, 2023
• Suncor CEO says company has been too focused on energy transition, must get back to fundamentals

  The man hired to turn around the flagging fortunes of Suncor Energy says he believes the company's been too focused in recent years on the energy transition.

  Economy

  Aug 15, 2023
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• Suncor tells Alberta Energy Regulator reconsidering approvals would arm industry opponents

  Oilsands giant Suncor says reopening the debate over mining an ecologically valuable wetland would play into the hands of industry opponents and upset Alberta's energy development.

  Environment

  Jul 28, 2023
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• TC Energy splitting into 2 separate companies

  TC Energy Corp. says it will split into two separate, publicly traded companies by spinning off its liquids pipelines business.

  Canada

  Jul 27, 2023