Oil & Gas and Mining News

The final numbers are in on last year's Alberta budget, and the bottom-line figure is an $8.3-billion surplus. It's $2.

HALIFAX — The Nova Scotia government says it will spend $1.73 million to help 22 seafood companies and related organizations reduce their carbon footprints.

OTTAWA — Parliament has passed controversial major projects legislation that Prime Minister Mark Carney says Canada needs to shore up its economy in the face of a trade war with the United States.

TORONTO — A climate advocacy group says oil and gas representation on the boards of Canada's big public pensions raise concerns about conflicts of interest.

CALGARY — Alberta Premier Danielle Smith has expressed confidence one or more private-sector pipeline operators will come forward with a plan to ship oilsands crude to the Port of Prince Rupert, B.C.

CALGARY — Fuel refiner and retailer Parkland Corp. says shareholders have voted in favour of its planned takeover by U.S. company Sunoco LP.

CALGARY — Oilsands output is forecast to hit a new record this year and add another half a million barrels a day from last year's levels by 2030 despite global crude price uncertainty, S&P Global Commodity Insights says in a new report.

OTTAWA — A peer review of fossil fuel subsidies between Canada and Argentina — already years behind schedule — stalled after Argentina ceased communication following its 2023 election and change in government.

The Nova Scotia government is giving the Unama’ki Institute of Natural Resources in Cape Breton $893,000 to fund Mi’kmaq-led climate change adaptation work.

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that pass through it every day. The U.S.