4 h. ago Ottawa may not want to get out of the pipeline business just yet: Trans Mountain CEO

Trump's trade threats have only spurred increased interest in TMX, Mark Maki said

Economics

11 h. ago Letters May 2, 2025: ‘Why waste our time trying to get along with Ottawa?’

Join with the U.S. Why does Alberta continually waste their precious time by casting pearls before swine? The fourth term Liberal government has their own agenda, and it doesn’t include this province’s rich oil and gas industry. It’s time for Alberta to start making plans to ‘vacate the joint’ and start soaring with eagles in […]

Other

12 h. ago Norway’s Equinor Offloads Stake in Brazilian Oil Field for $3.5 Billion

Equinor ASA agreed to sell its 60% stake in the Peregrino oil and gas project off the Brazilian coast for $3.5 billion, as the Norwegian energy explorer seeks to streamline international operations.

Economics

12 h. ago Opinion: Oil and gas, not cars, still pay Canada’s bills, and critical metals are soon to follow

Energy exports are almost two and a half times the value of exported cars, and critical minerals are coming on fast

Events

24 h. ago Companies to pay $550K for safety programs after deaths of two welders on Alberta oil and gas site

A pair of oilfield companies has agreed to pay more than a half-million dollars to fund worker safety programs after a deadly accident at a northern Alberta oil and gas site. Greg Podulsky, 29, and Darcy Schwindt, 47, were killed Nov. 12, 2022, while welding a tank in the Marten Hills oil and gas field […]

Economics

34 h. ago Varcoe: 'Turn us loose' says Suncor Energy CEO, as 38 oilpatch leaders sign new letter to Carney

With the federal election in the rear-view mirror, Canadian oil and gas leaders are looking to find common ground with the Liberal government as the sector seeks to get projects built — and the new prime minister prepares to sit down with U.S. President Donald Trump. On Wednesday, leaders of 38 oil and gas companies […]

Politics

48 h. ago GOLDSTEIN: Carney’s claim he wants to make Canada energy superpower is suspect

The problem with Prime Minister Mark Carney saying he wants to make Canada an “energy superpower” in both conventional and clean energy is that Canada is already a superpower in conventional energy. We’re the world’s four largest producer of oil and fifth largest producer of natural gas. The problem is that when it comes to […]

Transport

56 h. ago Tanzania Says $42 Billion LNG Deal Delayed On Local Content Use

Tanzania’s Deputy Prime Minister Doto Biteko said the government wants to agree the terms of a long-delayed $42 billion liquefied natural gas facility with international oil companies by October.

Economics

57 h. ago Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1

OTTAWA — Statistics Canada says the Canadian economy contracted in February but early signs suggest moderate growth in March. The agency says real gross domestic product decreased 0.2 per cent in February. That was driven by a 0.6 per cent decline for goods-producing industries, with mining, quarrying, and oil and gas extraction and construction contributing […]

Other

65 h. ago Equinor Earnings Decline on Oil Trading Weakness, LNG Outage

Equinor ASA said first-quarter profit fell, reflecting weaker oil and gas trading and a prolonged outage in northern Norway.

Other

3 d. ago Oilpatch faces more frustration over federal environmental policies as Liberals take power again

Survey suggests election outcome doesn't bode well for sector investment

Events

3 d. ago Energy industry strikes hopeful tone after Liberal federal election win

CALGARY – The industry group representing Canada’s oil and gas service contractors has laid out its top priorities for the Liberal government in Ottawa, which held onto power in Monday’s federal election. The Canadian Association of Energy Contractors says both the Liberals and the Conservatives recognized the need to grow oil and gas development during […]

Politics

4 d. ago Drillers in Canada Shift to Gas as Trade War Hammers Oil Prices

Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices.

Economics

7 d. ago Opinion: It's time for Canada to play to its economic strengths

Remember when Canada beat the U.S. in overtime at the 4 Nations Face-Off hockey tournament in February? It wasn’t just about one game. It was about pride, teamwork, and execution under pressure throughout the tournament — hallmarks of a high-performing team. Now imagine if our national team lost to the U.S. 10 years in a […]

Other

8 d. ago Precision Drilling trims 2025 capital budget amid market uncertainty

CALGARY — Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast. That includes […]

Economics

8 d. ago Smackover Lithium’s South West Arkansas Project Receives Unanimous Vote of Approval to Establish the Phase I Brine Production Unit from the Arkansas Oil and Gas Commission

LEWISVILLE, Ark., April 24, 2025 (GLOBE NEWSWIRE) — Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE:A:SLI) and Equinor, is pleased to announce that the brine production unit, now formally named the Reynolds Unit, for Phase I of its South West Arkansas (“SWA”) Project has been unanimously […]

Society

2 w. ago Canada’s oilpatch set to pull ahead as falling prices put U.S. shale in ‘death zone’

Eric Nuttall says Canada has the ability to be 'one of the last men standing' in oil supply

Economics

2 w. ago Parkland CEO to step down in bid to diffuse conflict with activist shareholder

Simpson Oil called for Bob Espey's removal and for a whole new slate of directors to be installed

Events

2 w. ago China pivots from U.S. to Canada for more oil as trade war worsens

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil

Economics

2 w. ago Gas firm says a contractor is dead in a gas plant fire near Fort St. John, B.C.

FORT ST. JOHN — A contractor has been killed and another person hurt in a fire in a gas plant north of Fort St. John, B.C. Alberta-based Tourmaline Oil, which runs the Gundy oil and gas extraction facility in Wonowon, B.C., says the site was “immediately shut down” after the fire on Monday night. The […]

Events