Much commentary around the current federal election has centered on the apparent lack of a focus on policy instead of arguing about who did the most embarrassing thing in their youth (or as a 29 year...

CALGARY, AB - Public support for Canadian energy companies continues to grow across the country and various demographics. Both the export of Canadian energy, as well as the sector's innovative carbon...

Line fill of Canada's Trans Mountain crude oil pipeline expansion will be complete by the end of May, with the first waterborne exports from the expanded system starting a month later, Alberta...

Athabasca and Cenovus combine Kaybob assets to create pure-play Duvernay entity Exposure to ~200,000 gross acres including a newly operated 100% WI position of ~46,000 acres Leverages significant...

Canada’s first liquefied natural gas export terminal ‘on the cusp’ of its testing phase By Will Gibson on August 19, 2024, 10:29 am MDT Momentum is building for the long-awaited start-up of Canada’s...

Unpredictability in Canadian energy policy is scaring away capital investment in the sector, the CEO of one of Canada's largest oil producers, Suncor Energy, told a parliamentary committee on Monday....

All financial figures are in Canadian dollars, unless noted otherwise Includes a 31.23% working interest in the Fort Hills project, with Suncor now owning 100% Adds 61,000 barrels per day of bitumen...

Trans Mountain Corp will begin line fill in February on its long-delayed Canadian oil pipeline expansion and expects it to be in service in the second quarter, a company executive said on Wednesday....

Line fill on the Trans Mountain oil pipeline expansion will start in the first quarter of 2024 and take about six to seven weeks to complete, the Canadian government-owned corporation building the...

CALGARY - Alberta Premier Danielle Smith is calling one of the world's premier energy research institutions "no longer credible" after it released a report saying fossil fuel demand is likely to peak...

Michigan regulators on Friday approved Canadian pipeline company Enbridge Inc's application to build a tunnel under the Great Lakes to house its aging Line 5 oil pipeline, a major step forward for...

Global oil demand will outpace supply next year, the U.S. Energy Information Administration said on Tuesday, reversing a prior forecast for a surplus. The change came after OPEC and its allies,...

Mexico's state energy company, Pemex, is planning to cut at least 330,000 barrels per day (bpd) of crude exports in May, leaving customers in the United States, Europe and Asia with a third less...

CALGARY, Alberta, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX: PEY) is pleased to announce it has entered into a partnership interest...

On Friday, the Canadian government announced their new climate plan using language that many say mischaracterizes Canada’s record for GHG reduction and Canada’s successes in developing technology and...

Goldman Sachs expects Brent prices to average at $92 per barrel (bbl)in 2024, and expects the oil market to tighten at a moderate pace amid solid demand while core OPEC supply remains low. The bank...

Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a "little bit" of spot capacity also...

Windfall profit taxes sure garnered lots of headlines in 2022. Many European countries enacted windfall profit taxes on the oil and gas sector, and many others debated them. In the US, President...

CALGARY, AB, March 6, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter of 2023,...

CALGARY - After four years and more than $34 billion in costs, the Trans Mountain oil pipeline expansion will go into commercial service on May 1. The Crown corporation behind the massive project...

Calgary, Alberta--(Newsfile Corp. - October 31, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce that it has entered into a definitive...

The leader of the Canadian province of Saskatchewan on Monday vowed to stop collecting the federal carbon tax on homes heated with natural gas from 2024 if Ottawa does not expand an exemption...

Exxon Mobil Corp. shareholders on Wednesday overwhelmingly supported the company's views on climate reports and strategies, rejecting proposals for report on methane, greenhouse gas reporting and...

North Dakota oil production has fallen by an estimated 250,000 to 280,000 barrels per day due to freezing weather, while natural gas output in the state declined by 700 million to 800 million cubic...

Saskatchewan Premier Scott Moe and SaskPower came to the rescue of the Alberta power grid late on Saturday night, as record breaking cold weather resulted in unprecedented power demand in Alberta....

TSX: TVE CALGARY, AB, Oct. 19, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce it has entered into a definitive agreement (the "Agreement") with a...

CALGARY - The man hired to turn around the flagging fortunes of Suncor Energy Inc. said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back...

The first ship carrying crude from the expanded Trans Mountain pipeline is expected to load at the Port of Vancouver in the second half of May, the company building the project said on Tuesday. The...

CALGARY, AB, Oct. 16, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that it has entered into a definitive share purchase agreement with all of...

U.S. oil output from top shale-producing regions is due to decline in February for the fifth consecutive month, the U.S. Energy Information Administration (EIA) said in a monthly report on Tuesday....

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to present the results and in-depth analysis of its indepe...

CALGARY - The Coastal GasLink pipeline, one of the largest energy infrastructure projects in recent Canadian history, is physically complete. TC Energy Corp., the company behind the project, said...

CALGARY, AB, Aug. 31, 2023 /CNW/ - From 2012 to 2021, conventional natural gas and oil producers lowered their absolute scope 1 carbon dioxide equivalent (CO2e) emissions by 24 percent while growing...

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) announces that the Toronto Stock Exchange (the "TSX") has accepted Whitecap's notice of intention to commence a normal course issuer bid...

Billionaire Warren Buffett's Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the U.S. oil producer's common...

CALGARY, AB, July 24, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months...

Mike Rose was named Canada's Outstanding CEO of the Year for 2023, awarded the honour by Bennett Jones LLP, Caldwell, and the National Post. To read the fantastic article by the Financial Post and...

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces that it has repaid in full, all term debt and insider debt as of June 30, 2022. Pine Cliff is one of the...

The Canadian province of Alberta, home to the world's third-largest oil reserves, is open to joining any potential global pact to reduce a glut of crude production, Premier Jason Kenney told Reuters...

J.P. Morgan Global Commodities Research says Brent oil to average $84 per barrel (bbl) in Q3, and hit another $90/bbl by August/September, underpinning expectations that global demand will outpace...

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) shrank on Tuesday. * WCS for April delivery in Hardisty, Alberta began...

CALGARY, AB, Nov. 7, 2023 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce its financial and operating results for the three and nine month...

Mexico's state oil company Pemex has requested its trading unit to cancel up to 436,000 barrels per day (bpd) of crude exports this month as the company gets ready to begin processing domestic oil at...

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) tightened on Wednesday, as commercial operations got underway on the long-a...

The differential of Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) traded in the $12 range on Wednesday, similar to the previous session....

CALGARY - TC Energy Corp. says its Coastal GasLink pipeline project is 98 percent complete. Coastal GasLink is a 670-kilometre pipeline spanning northern British Columbia that will carry natural gas...

Production data is out for March on a limited basis. Alberta producers have reported oil, gas equivalent, and condensate volumes (but not pentane, NGLs or marketable gas), while Saskatchewan and BC...

CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has entered into a definitive agreement to sell...

Calgary, Alberta--(Newsfile Corp. - October 3, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce it has completed an asset acquisition within its core...

Oil production in North Dakota fell 49,000 barrels-per-day (bpd) to 1,195,000 bpd in May, monthly data from the state Industrial Commission showed. The data was released on the North Dakota Industr...

CALGARY, AB, Nov. 1, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the third quarter of 2023. HIGHLIGHTS Third...

The U.S. oil and natural gas rig count fell this week to its lowest in nearly a year, as gas rigs slumped by the most in a week since February 2016, energy services firm Baker Hughes Co said in its...

CALGARY, AB, Dec. 13, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) and 12 First Nation and Métis communities (the "Indigenous Communities") are pleased to...

CALGARY, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) is pleased to announce it has closed its previously announced transaction...

Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX),...

Chevron on Friday said it will put its shale-gas business in Canada's Duvernay Shale for sale as it continues to streamline global operations following several big acquisitions. The assets, which...

CALGARY, AB, Oct. 6, 2023 /PRNewswire/ - Today, Greg Ebel, President & Chief Executive Officer of Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) called on Canada to show leadership to...

U.S. natural gas output fell to a preliminary 11-month low on Sunday as frigid weather froze wells across the country, while gas demand for heating and power generation was on track to hit record...

'We're going to be moving into a market where buyers are going to be competing to buy Canadian oil' By Deborah Jaremko on May 2, 2024, 9:51 am MDT It is a game changer for Canada that will have...

What if some phenomenally large energy/materials breakthroughs were right here in front of us, vastly more accessible than experimental aspirations, but held back by an image problem? To help ponder...

CALGARY, AB, May 6, 2024 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreement (the "Agreement")...

CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented, liquids rich natural gas producer operating in the world-c...

U.S. imports of crude oil from Canada rose last week to its highest on record, data from the Energy Information Administration showed on Wednesday, buoyed by the startup of the newly expanded Trans...

Canadian government-owned Trans Mountain Corp asked the country's energy regulator on Thursday to reverse a decision rejecting proposed construction changes on its oil pipeline expansion, warning of...

Chinese refiner pays about US$10 more for oil off TMX compared to sales value in Alberta By Deborah Jaremko on July 17, 2024 Canada’s oil sands producers are “back in the limelight” for investors...

CALGARY, AB, Jan. 15, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide an EP activity update and to announce two additional LNG agreements. EP...

VANCOUVER - The Coastal GasLink pipeline that stretches across northern B.C. is mechanically complete ahead of the company's year-end deadline. A statement from TC Energy Corp. says history has been...

CALGARY, AB, May 8, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce its unaudited financial and operating results for the three months ended...

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") announces its financial results for the first quarter of 2024. The...

Coal exporting facilities near Vancouver, BCIf drunk drivers terrify you, would you let your drunken guests drive themselves home well in advance of when you go out, to avoid the danger? Or, less...

Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to...

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed slightly on Tuesday: * WCS for December delivery in Hardisty,...

Enbridge Inc could add 200,000 barrels per day (bpd) of capacity to its 3 million bpd Mainline system, which ships the bulk of Canada's crude exports to the United States, a company executive said on...

CALGARY, AB, April 24, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended...

CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its first quarter results showcasing continued operational...

The U.S. Energy Information Administration (EIA) cut its forecast for 2023 U.S. crude oil production by 50,000 barrels per day after the Organization of the Petroleum Exporting Countries (OPEC) and...

CALGARY, Alberta, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) is pleased to announce its 2024 budget focused on profitable production growth...

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that it has completed the purchase of the remaining 50% interest in Surmont from TotalEnergies EP Canada Ltd. for approximately...

CALGARY, AB, Nov. 28, 2023 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce the completion of a series of asset acquisitions (collectively, the "Acquisitio...

CALGARY, AB, Sept. 25, 2023 /CNW/ - Today, the Commission of the Canada Energy Regulator (CER) approved Trans Mountain's application for a route deviation in the Pípsell (Jacko Lake) area. The...

U.S. crude oil prices have surged and the futures strip has moved into a sharp backwardation as inventories have drained away from the NYMEX delivery point at Cushing in Oklahoma. Futures prices for...

North Dakota's oil production fell by 22,500 barrels per day (bpd) in June to an estimated 1.176 million bpd, the state's Pipeline Authority said on Thursday, marking a second straight monthly...

CALGARY - Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come. MEG's vice-president of...

Asia's crude oil imports from Canada's newly expanded Trans Mountain pipeline will rise in September as major refiners in Japan and South Korea and a refinery in Brunei have bought their first...