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Oil & Gas and Mining News
Oil & Gas and Mining News
Strathcona blasts MEG Energy's 'weak board' as company chooses $7.9B Cenovus deal
CALGARY — MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.
Aug 22, 2025 1:41 PM
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Nova Scotia firefighters wary of potential wind shifts as hurricane to pass Friday
WEST DALHOUSIE — Firefighting officials in Nova Scotia are keeping a wary eye on Hurricane Erin, which is expected to pass well offshore but bring strong wind gusts to parts of the province on Friday.
Aug 21, 2025 1:30 PM
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Canada's 'exceptional' drought hints at future climate, need for action: experts
Canada must prepare for more seasons marked by severe drought, experts say as this summer's bone-dry conditions tormented farmers, strained municipal water supply and fuelled one of the worst wildfire seasons on record.
Aug 20, 2025 1:37 PM
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Hodgson 'hopeful' first batch of major projects announcements to start in fall
OTTAWA — Natural Resources Minister Tim Hodgson said he is "hopeful" that the government will start announcing major infrastructure project approvals in the fall.
Aug 20, 2025 12:52 PM
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Group files greenwashing complaint with securities watchdog against Enbridge, Cenovus
CALGARY — A shareholder advocacy group has filed a greenwashing complaint with Alberta's securities watchdog alleging Cenovus Inc., one of Canada's biggest oilsands producers, and Enbridge Inc.
Aug 20, 2025 12:18 PM
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Economists split on BoC's next rate move after July inflation data
OTTAWA — Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need a bit more convincing to cut its key interest rate next month. The annual rate of inflation fell to 1.
Aug 19, 2025 10:13 AM
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Drop in oil prices helps push N.L. deficit forecast up by 68 per cent to $626M
ST. JOHN'S — The deficit forecast for Newfoundland and Labrador has been revised upward by almost 70 per cent, primarily due to a volatile oil market and a stronger Canadian dollar.
Aug 18, 2025 1:49 PM
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Indigenous leaders on Trans Mountain lessons as Building Canada Act moves forward
OTTAWA — Two former Indigenous leaders on both sides of the debate over the Trans Mountain pipeline expansion say the federal government can't ignore First Nations on future infrastructure projects it seeks to approve.
Aug 18, 2025 10:38 AM
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Fewer firms report U.S. tariff hit as manufacturing sales edge up in June
OTTAWA — Statistics Canada says manufacturing sales edged up June and a smaller share of firms reported an impact from U.S. tariffs. The agency said Friday that manufacturing sales in June rose 0.3 per cent to $68.
Aug 15, 2025 7:21 AM
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Ottawa funds $25M for companies to build EV chargers, buy natural gas-powered trucks
OTTAWA — The federal government announced $25 million in funding today for companies to build more than 850 electric vehicle chargers, mostly in Quebec.
Aug 13, 2025 1:24 PM
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