Oil & Gas and Mining News

SQUAMISH — Woodfibre LNG says it is hoping to add a second "floatel" at its project site near Squamish, B.C., to house as many as 900 workers for its liquefied natural gas project.

EDMONTON — Alberta's government is seeking a court ruling on the constitutionality of Ottawa's clean electricity grid regulations. The regulations, finalized late last year, lay out a plan to decarbonize electricity grids across Canada by 2050.

CALGARY — TC Energy Corp. has green-lit a US$900-million pipeline expansion feeding new natural gas-fired power plants in the U.S.

CALGARY — A prominent shareholder advisory firm says a dissident investor has not cleared the bar to justify taking control of Parkland Corp.'s board of directors, but there is a case for change.

The chief executive of Capital Power Corp. said a key focus in the months ahead will be digesting two soon-to-be purchased U.S. natural gas power plants.

The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday that real gross domestic product decreased 0.

TORONTO — Canada's largest bank said Tuesday that it has scrapped one of its flagship climate commitments and is holding back on publicizing other climate progress in part because of new rules around greenwashing.

CALGARY — Energy industry groups and environmental advocates were striking a hopeful note a day after voters returned the Liberals to power in Ottawa with a minority mandate.

CALGARY — A prominent shareholder advisory firm says it agrees with activist investor Simpson Oil that board change is needed at fuel retailer and refiner Parkland Corp., but is stopping short of calling for a complete overhaul.

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.