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Oil & Gas and Mining News

Cenovus the latest oil company to shut production in Alberta due to wildfires

Cenovus the latest oil company to shut production in Alberta due to wildfires

CALGARY — Some oilsands producers are removing workers and shutting production from their sites as wildfires rage in northeastern Alberta. Cenovus Energy Inc.
Carney discusses "partnerships" with oil and gas executives in Calgary

Carney discusses "partnerships" with oil and gas executives in Calgary

CALGARY — Prime Minister Mark Carney sat down with oil and gas executives in Calgary Sunday to discuss partnerships and to get their input for his plans to make Canada an energy superpower.
Ontario, Saskatchewan sign agreement to free up trade ahead of meeting with Carney

Ontario, Saskatchewan sign agreement to free up trade ahead of meeting with Carney

SASKATOON — Ontario and Saskatchewan signed an agreement Sunday to remove trade barriers ahead of a meeting with Prime Minister Mark Carney to hash out a plan they hope will supercharge the economy.
Trans Mountain could take on more pipeline projects if private sector can't: CEO

Trans Mountain could take on more pipeline projects if private sector can't: CEO

CALGARY — The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects if necessary, but that it would be preferable for the private sector to take the lead.
Strathcona formally launches takeover bid for oilsands peer MEG Energy

Strathcona formally launches takeover bid for oilsands peer MEG Energy

CALGARY — Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until Sept. 15, comprises 0.62 of a common share of Strathcona and $4.
CPP Investments and partner sell Encino Acquisition Partners stake in US$5.6B deal

CPP Investments and partner sell Encino Acquisition Partners stake in US$5.6B deal

TORONTO — Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil and gas producer for US$5.6 billion including debt.
Tenant group pushes for climate protections in report highlighting extreme heat risks

Tenant group pushes for climate protections in report highlighting extreme heat risks

A Canadian tenant advocacy group says nearly half the renters they surveyed don't have air conditioning, as they press for protections from climate-fuelled extreme heat.
Nova Scotia landowners can say no to uranium exploration on their properties: deputy

Nova Scotia landowners can say no to uranium exploration on their properties: deputy

HALIFAX — Nova Scotia’s deputy minister of natural resources says private landowners whose property has been identified for potential uranium exploration can say no.
Chiefs in Nova Scotia say province needs to improve consultation on natural resources

Chiefs in Nova Scotia say province needs to improve consultation on natural resources

HALIFAX — The Nova Scotia Assembly of Mi’kmaw Chiefs says the provincial government needs to do a better job of consultation as it pushes to develop the province’s natural resources.
Levy charged to Alberta oil companies too low to cover orphan well costs: report

Levy charged to Alberta oil companies too low to cover orphan well costs: report

A new report says the annual levy charged to Alberta oil companies to fund the cleanup of orphaned oil and gas wells remains too low to clear the backlog or keep up with the rate of surrendering.