Oil & Gas and Mining News

CALGARY — Whitecap Resources Inc. and Veren Inc. are joining forces in a $15-billion dollar deal to create a major Canadian shale player that they say will stand stronger against political and market upheaval than if they were to each go it alone.

Trade uncertainty caused by U.S. tariffs both real and threatened has rattled consumer confidence, to the point that volume growth at the Port of Vancouver will suffer, says its chief executive.

PORT SULPHUR, La. (AP) — The planned expansion of a massive liquefied natural gas facility in southeast Louisiana is a beacon for a U.S.

CALGARY — AltaGas Ltd. reported its fourth-quarter profit rose compared with a year ago, helped by strength across its business.

CALGARY — South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment, which provides transportation, storage and logistics services, could come under pressure if a 10 per cent tariff on U.S.

CALGARY — The chief executive of fuel refiner and retailer Parkland Inc., which is considering putting itself up for sale, says U.S. tariffs are having a "neutral" impact on the business.

HALIFAX — Nova Scotia Premier Tim Houston has failed to get unanimous consent in the legislature to a resolution calling on the federal government to condemn any national political leader who opposes energy infrastructure projects amid the trade war

CALGARY — Oil and gas heavyweight Canadian Natural Resources Ltd., fresh off two major deals, says volatility from U.S. tariffs isn't making it hungrier for more acquisitions.

South Dakota's governor signed a bill into law Thursday that bans the taking of private property for building carbon dioxide pipelines, a blow to a sprawling Midwest pipeline network that ethanol producers see as key for their future.

OTTAWA — Canada's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged in the face of tariff threats by the United States.