MEG Energy Corp. shares rose and fell in choppy trading Thursday after it formally rejected a $3.3-billion hostile takeover offer from oilsands rival Husky Energy Inc. Continue reading →

There’s a “seller’s market” for attractive assets like those held by its Canadian subsidiary, the CEO of Kinder Morgan Inc. said on a conference call Wednesday to discuss third-quarter results. Continue reading →

The Canadian oil and gas sector is in a holding pattern in which spending and production growth can’t occur until new ways to get products to export markets are found, according to CIBC analyst Jon Morrison. Continue reading →

Discounts on Canadian crude oil widened to multi-year highs on Wednesday as oil and gas executives took turns at a conference pointing out Canada’s competitiveness gap in attracting energy investors. Continue reading →

The federal government is opening talks with northerners on managing offshore energy exploration in the Canadian Arctic, a move some hope signals a coming relaxation of the current ban on potential development. Continue reading →

FortisBC says it will be offering a billing credit to its customers who were affected by flood and fire evacuation orders earlier this year. Continue reading →

Participants at the Core Energy Conference in Halifax were greeted by protesters holding signs and chanting, “Water is life. Life is sacred.” Continue reading →

The Alberta Energy Regulator says it’s no longer considering holding a public hearing for a new oilsands project after an Indigenous community reached a deal with the proponent, Imperial Oil. Continue reading →

Financial analysts say Husky Energy Inc. will likely have to sweeten its $3.3-billion hostile takeover bid for fellow Calgary oilsands producer MEG Energy Corp., although they concede there are few white knights that are big enough to ride to its rescue. Continue reading →