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Oil & Gas and Mining News

N.S. advocates say bill to allow for uranium exploration and fracking is dangerous

N.S. advocates say bill to allow for uranium exploration and fracking is dangerous

HALIFAX — A Nova Scotia government bill that would open the door to fracking for fossil fuels and exploring for uranium is dangerous and should be scrapped, environmental advocates and physicians told a legislature committee on Monday.
Parkland shareholder demands board shakeup as fuel refiner and retailer weighs sale

Parkland shareholder demands board shakeup as fuel refiner and retailer weighs sale

CALGARY — A shareholder in Parkland Corp. is demanding a board shakeup as the Calgary-based fuel refiner and retailer looks into putting itself up for sale. Engine Capital LP, the New York activist hedge fund that owns 2.
Premier Smith not sold on killing of consumer carbon tax, wants industrial levy plan

Premier Smith not sold on killing of consumer carbon tax, wants industrial levy plan

EDMONTON — Despite calling for its demise for years, Alberta Premier Danielle Smith says she isn't fazed by the new prime minister's move to kill the consumer carbon levy.
CEO of Calgary oilfield services provider Calfrac suddenly resigns

CEO of Calgary oilfield services provider Calfrac suddenly resigns

CALGARY — The chief executive of oilfield services provider Calfrac Well Services has abruptly resigned a day after the company reported a quarterly loss.
Tariff war forcing N.B. to cut trade barriers, go into deficit in next week's budget

Tariff war forcing N.B. to cut trade barriers, go into deficit in next week's budget

FREDERICTON — Nearly seven years after the New Brunswick government went to the Supreme Court to prevent the free movement of alcohol across the country, Premier Susan Holt says the tariff war with the United States is forcing the province to rethink
Alberta energy minister hopes royalty changes help move pipelines forward

Alberta energy minister hopes royalty changes help move pipelines forward

CALGARY — Alberta's energy minister is hoping that by changing the way the province receives royalties from oilsands bitumen, it may give pipeline companies the certainty they need to build new projects connecting Canada's resources to global markets
Whitecap says joining forces with Veren will create 'resilient' oil and gas player

Whitecap says joining forces with Veren will create 'resilient' oil and gas player

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.
Tariff tumult is shaking consumer confidence, says Port of Vancouver CEO

Tariff tumult is shaking consumer confidence, says Port of Vancouver CEO

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.
Trump's interior and energy secretaries cheer on natural gas export industry in Gulf Coast

Trump's interior and energy secretaries cheer on natural gas export industry in Gulf Coast

PORT SULPHUR, La. (AP) — The planned expansion of a massive liquefied natural gas facility in southeast Louisiana is a beacon for a U.S.
AltaGas reports $203M Q4 profit, up from $113M a year ago

AltaGas reports $203M Q4 profit, up from $113M a year ago

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