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

Canada’s largest integrated oil and gas company says production averaged 831,000 barrels of oil equivalent per day, up 12 per cent from the third quarter. Continue reading →

Several customers of two local car dealerships are crying foul about changes in enforcement to a guarantee to lifetime of free oil changes. Continue reading →

Enbridge has announced $1.8 billion in new investments on pipeline and terminal assets in northern Alberta, stake in a new pipeline in Texas, and spending on four natural gas projects in the United States. Continue reading →

Oilsands producers Cenovus Energy Inc. and Athabasca Oil Corp. have announced capital budgets that restrict spending to what’s required to almost maintain current production levels in 2019. Continue reading →

Husky Energy has confirmed that the leak, which sent an estimated 250,000 litres of crude oil into the Atlantic Ocean, was caused when a flowline connector failed. Continue reading →

Vancouver motorists are paying at least $1.27 per litre. In Edmonton, the cheapest price is 87.9 cents a litre. Continue reading →

The head of the Bank of Canada says the negative impacts of low oil prices that have struck Western Canada will reverberate across the entire national economy. Continue reading →

OPEC’s de facto leader, Saudi Arabia, has indicated a need for steep oil output reductions beginning in January, fearing a glut. Continue reading →