Oil And Gas

• Wisconsin tribe and other groups move to block Line 5 pipeline reroute plans

  Enbridge officials said in a statement that the reroute proposal has gone through rigorous reviews and studies.

  Environment

  Dec 13
  
• Suncor Energy to increase oil and gas output by up to 5 per cent in 2025

  Suncor says it is aiming to add more than 100,000 barrels per day of oil and gas production between 2023 and 2026.

  Economy

  Dec 12
  
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• Report finds number of inactive oil and gas wells in Alberta fell 5 per cent in 2023

  Alberta has been working to address a backlog of thousands of old and inactive wells in the province.

  Environment

  Dec 5
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• Canadian oil and gas drilling activity to reach 10-year high in 2025: industry group

  The Canadian Association of Energy Contractors, which represents drilling and service rig companies, says it expects a total of 6,604 wells to be drilled in Western Canada in 2025.

  Economy

  Nov 29
• Oil and gas industry not broadly consulted on Alberta plan to challenge federal emissions cap

  Companies are still digesting Premier Danielle Smith's move to announce a forthcoming motion under the province's Sovereignty Act.

  Environment

  Nov 28
• Ovintiv consolidates holdings with $3.3B Montney deal, $2.8B Uinta sale

  Ovintiv Inc. is streamlining its operations with a deal to buy assets in Alberta's Montney region while off-loading its holdings in Utah.

  Money

  Nov 14
• Trump’s proposed tariffs unlikely to include Canadian oil: experts

  The threat of the tariff is causing a lot of concern in Canada, where the Canadian Chamber of Commerce said such a tariff could take a $30-billion bite out of the Canadian economy.

  Canada

  Nov 14
• Alberta asks municipalities to name oil companies not paying taxes, reeve says no use

  The RMA president said he doesn't expect the Alberta Energy Regulator to shut down oil companies for unpaid taxes, leaving municipalities with no choice but to shoulder the cost.

  Economy

  Nov 6
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• ‘I’m pissed’: Alberta premier, oil and gas industry slam Ottawa’s new emissions cap

  The proposed cap-and-trade system is being met with anger from Alberta politicians and skepticism from industry stakeholders, who warn such a measure will harm the energy sector.

  Politics

  Nov 4
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• Veren Inc.’s share price plunges as oil producer lowers output forecast

  The company has operations in Alberta and Saskatchewan and used to be known as Crescent Point Energy Corp.

  Money

  Nov 1