Oil & Gas and Mining News

OTTAWA — The federal government moved on Tuesday to purge consumer carbon pricing from law, effectively putting an end to what was once the keystone of the Liberals' climate policy.

EDMONTON — The Alberta Energy Regulator has fined a company $456,000 for submitting false or misleading information in its applications for reclamation approval.

CALGARY — Canada's new energy minister walked into the lion's den Friday and spoke to oil and gas executives in Calgary about Ottawa's plans to turn the country into an energy superpower.

FREDERICTON — A three-person team who will lead a review of New Brunswick's debt-laden public power utility says "nothing is off the table" when it comes to finding solutions.

CALGARY — Vermilion Energy Inc. has signed a deal to sell a group of assets in Saskatchewan and Manitoba for $415 million. The company says it will use the net proceeds from the sale to repay debt.

YELLOWKNIFE — Canada's western premiers say they've agreed to identify, plan and develop new economic corridors to connect provincial resources to international markets.

MONTREAL — Reviving a liquefied natural gas export project in Quebec's Saguenay region would be costly and likely unprofitable, a shareholder advocacy group says, as economic threats from the U.S.

TORONTO — A major piece of Toronto's climate plan appears to be in the Ontario government's crosshairs, critics warn, as the province advances a bill that could strip municipalities of their power to set green building standards.

OTTAWA — The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store. The annual pace of inflation cooled to 1.

VANCOUVER — TotalEnergies has signed a deal to buy two million tons per year of liquefied natural gas for 20 years from the proposed Ksi Lisims LNG project on the north coast of B.C.