oil and gas
Germany angered by Shell refusal to dismantle old oil rigs
The dispute comes as Britain, where Shell has a major corporate presence, is in the process of withdrawing from the EU.
Swedish activist Greta Thunberg in Edmonton Friday for climate strike
The teen has been making international headlines with her chastising of world leaders who she accuses of letting down youth by doing too little to tackle climate change.
Tourmaline Oil shares rise after it spins off hybrid royalty corporation
Western Canada’s natural gas industry has struggled for years due to low commodity prices and pipeline transportation constraints.
Major Drilling signs deal to buy Norex Drilling for $19.7M
The company will acquire 22 drill rigs, including 17 compatible specialized surface drill rigs and five underground drills.
Cenovus raises dividend, plans modest growth, as CEO heralds debt reduction
Calgary-based company announced it will pay a quarterly dividend of 6.25 cents per share.
TransAlta to build steam and power plant at SemCAMS natural gas facility
All of the steam produced at the facility and about half of the electricity is to be sold to SemCAMS under a 13-year fixed price contract.
Kenney pleads for national unity during speech to Calgary business crowd
Kenney says the Constitution is clear that infrastructure between provinces is under the authority of the national government.
Kenney vows to counter Texas poaching of Canadian companies
Alberta countering flight of money and jobs from Alberta’s energy sector to Texas.
Oil price drops for 2nd day as Saudi crude output recovers
Attack on Saudi Aramco’s processing facility in Abqaiq pushed crude prices up more than 14% Monday.
Alberta inquiry into oil and gas foes could face legal challenge from Ecojustice
Alberta Premier Jason Kenney has repeatedly accused U.S. charities of bankrolling efforts to block Canadian energy.
Alberta inquiry into oil and gas foes could face legal challenge from Ecojustice
Kenney has said deep-pocketed US charities have bankrolled efforts to block Canadian energy development for years.
Saudi Arabian attacks linked to higher oil prices, spark energy stock rally
A weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record.
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Imperial Oil CEO Rich Kruger to retire, Brad Corson named next CEO
Kruger has led the company since 2013.
Canada to fund Indigenous groups’ energy projects in BC, Alberta
Money will be provided through the Indigenous Natural Resource Partnerships program.
Inter Pipeline shares lose some of last week’s takeover speculation gains
The bidder is likely a private entity with access to project funding at a lower cost than through public markets.
