Husky Energy is walking away from its hostile takeover offer for MEG Energy after failing to win enough shareholder support. Continue reading →

Husky Energy Inc. says it is looking at getting out of retailing fuels to consumers after 80 years in the business. Continue reading →

Plunging crude prices were the main reason for the widening deficit, but the bad news extends beyond the energy sector. Continue reading →

Crude oil prices in Western Canada remained elevated on Wednesday, the day after provincially mandated oil production curtailments came into force, but a government spokesman says it’s too early to say how long the program will remain in place. Continue reading →

Analysts worry about surging production and the possibility of weaker global demand ahead. Continue reading →

On Sunday afternoon, an eight-kilometre convoy of big rigs and pickups rolled through Whitecourt, located about 165 kilometres northwest of Edmonton. Continue reading →

Speakers at another pro-pipeline rally in Alberta continued their attacks on Ottawa, saying if leaders don’t hear their message now, they will when a planned convoy arrives there in 2019. Continue reading →

A new report from the National Energy Board says the “primary factor” in recent steep discounts on western Canadian crude is that oil production outstripped export pipeline capacity by about 365,000 barrels per day. Continue reading →

Minnesota Gov. Mark Dayton’s administration on Friday appealed a state regulatory panel’s approval of Enbridge’s plan to replace its aging Line 3 oil pipeline across northern Minnesota. Continue reading →

Blaine Higgs says he was shocked at the recent First Ministers meeting in Montreal to find there is no national urgency or strategy to deal with the 70 per cent devaluation of oil in Alberta. Continue reading →