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Oil & Gas and Mining News

B.C. expands heat-pump rebate program as end of carbon tax weighs on CleanBC

B.C. expands heat-pump rebate program as end of carbon tax weighs on CleanBC

British Columbia Energy Minister Adrian Dix says the province will have to "make choices" on programs within its CleanBC initiative given the repeal of the consumer carbon tax.
Keystone spill cleanup underway, no timeline for pipeline restart: South Bow

Keystone spill cleanup underway, no timeline for pipeline restart: South Bow

CALGARY — The owner of the Keystone pipeline says a segment that ruptured in North Dakota has been isolated and the oil spill has been contained. Calgary-based South Bow Corp.
A pipeline company filed hundreds of lawsuits against landowners. Now its project is threatened

A pipeline company filed hundreds of lawsuits against landowners. Now its project is threatened

MANSFIELD, S.D. (AP) — Jared Bossly was planting soybeans one spring night in 2023 on his 2,000-acre farm in South Dakota when he spotted a sheriff’s vehicle parked at the corner of his property. He had a hunch it wasn’t a social visit.
Takeaways from AP and Lee's report on a pipeline company's lawsuits against Midwest farmers

Takeaways from AP and Lee's report on a pipeline company's lawsuits against Midwest farmers

MANSFIELD, S.D.
Oilpatch better able to weather low crude price than in past, industry players say

Oilpatch better able to weather low crude price than in past, industry players say

CALGARY — Canada's oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, industry players said Tuesday.
Parkland, activist investor Simpson Oil, nominate competing director slates

Parkland, activist investor Simpson Oil, nominate competing director slates

CALGARY — Parkland Corp. and its biggest shareholder have each proposed competing board slates as their dispute heats up ahead of the fuel refiner and retailer's annual general meeting next month. Simpson Oil Ltd.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Election campaign and trade The federal election heads into its third week with the party leaders trying to pitch themselves as the best person to stand up to Donal
Steep drop in global crude prices drag down Canadian energy stocks

Steep drop in global crude prices drag down Canadian energy stocks

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector's outlook should the weakness persist. West Texas Intermediate crude, the key U.S.
Alberta oil well report updated after concerns over taxpayer backstop recommendation

Alberta oil well report updated after concerns over taxpayer backstop recommendation

A new version of a government-commissioned report about Alberta's inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding.
Statistics Canada reports $1.5B trade deficit for February as exports fell

Statistics Canada reports $1.5B trade deficit for February as exports fell

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.