The Canadian Press 
CALGARY — TC Energy Corp., the Canadian company behind the ill-fated Keystone XL pipeline, has suffered a major blow after a trade tribunal tossed out its claim to US$15 billion in damages.
The Calgary-based company launched the claim in 2021 to seek …
CALGARY — A wildfire burning out of control in northern Alberta on Thursday prompted Suncor Energy Inc. to withdraw all non-essential workers from its Firebag oilsands site.
The company, Canada’s second-largest oilsands producer by volume, confirmed T…
CALGARY — TC Energy Corp. is open to selling off more than its previously announced target of $3 billion in assets this year, the company said Friday, and is currently engaging with multiple interested buyers for what will likely be two to four separa…
CALGARY — TC Energy Corp. says its Coastal GasLink pipeline project is 98 per cent complete.
Coastal GasLink is a 670-kilometre pipeline spanning northern British Columbia that will carry natural gas across the province to the LNG Canada processing an…
CALGARY — Precision Drilling Corp. has signed an agreement to acquire CWC Energy Services Corp. in a deal valued at about $141 million including shares, cash and assumed debt.
Precision CEO Kevin Neveu says the deal expands the company’s service busin…
HOUSTON — Occidental Petroleum Corp. has signed a deal to buy Canadian company Carbon Engineering Ltd. for US$1.1 billion.
The company has been working with Carbon Engineering on its direct air capture technology, which is used to capture carbon dioxi…
WASHINGTON — The two sides in an enduring dispute over the cross-border Line 5 pipeline in Wisconsin are girding for battle again, this time in the U.S. Court of Appeals.
The Bad River Band of the Lake Superior Chippewa filed a notice of appeal Frida…
CALGARY — Precision Drilling Corp. reported a second-quarter profit of $26.9 million, reversing a $24.6 million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year.
The Calgary-bas…
CALGARY — TC Energy Corp. is selling a 40 per cent stake in its Columbia Gas Transmission and Columbia Gulf Transmission systems to New York City-based Global Infrastructure Partners for $5.2 billion.
The move, announced Monday, is the culmination of …
WASHINGTON — Protesters chanted “dirty deal” and belted out a John Denver favourite Tuesday as they disrupted moderate Democrat Sen. Joe Manchin to let him know what they think of the newly fast-tracked Mountain Valley pipeline.
Manchin, long a key sw…
WASHINGTON — In the land of partisan blinders, the one named Manchin is still king, it seems.
Political Washington’s second most powerful Joe, not far these days behind the one in the White House, took a victory lap Friday to celebrate that rarest of…
WASHINGTON — The relationship between Canada and Mexico has long been the weak link in North America’s trilateral triangle, and foreign policy experts say reinforcing it will be key if the continent is to realize its true economic potential.
Canadian…
CALGARY — The same technology used to search for signs of ancient life on Mars could be key to reducing greenhouse gas emissions from the Canadian oilsands.
At least that’s what members of the Pathways Alliance — an industry consortium of this country…
CALGARY — TC Energy Inc. says upcoming cold weather has the potential to slow the recovery of the oil spilled from its Keystone pipeline leak in Kansas.
The company says it has recovered an estimated 7,233 barrels of oil from a creek as of 5 p.m. CT o…
CALGARY — Enbridge Inc. has bought Tri Global Energy (TGE), a U.S. renewable power project developer, for US$270 million in cash and assumed debt.
The company will also pay up to an additional US$50 million contingent on successful execution of TGE’s…
WASHINGTON — Republicans are resurrecting the long-dead Keystone XL pipeline expansion in an effort to blame President Joe Biden for soaring gasoline prices.
The controversial cross-border project, cancelled by Biden on his first day in office, is pl…
WASHINGTON — North America’s polarizing pipeline battles have seen many venues — from the Prime Minister’s Office and the U.S. State Department to the windswept plains of Nebraska and Minnesota to judge’s chambers on both sides of the Canada-U.S. bord…
WASHINGTON — The latest pipeline dispute between Canada and the United States is back on the agenda in Ottawa.
Enbridge vice-president Vern Yu is scheduled to appear today before a special House of Commons committee exploring Canada-U.S. ties.
Enbri…
Calgary producer Spartan Delta Corp. says it has agreed to buy private rival Inception Exploration Ltd. and two packages of oil and gas assets in northwestern Alberta for a total of $148 million in cash and shares.The company, founded last spring thro…
CALGARY — TC Energy Corp. has announced a plan for its Keystone XL project to achieve net zero emissions when it is placed into service, even as the future of the pipeline expansion appeared in doubt.Transition documents suggest Joe Biden will kill th…
CALGARY — The Calgary company building the Keystone XL pipeline is inviting oil shippers to bid for capacity expected to be made available when it opens in about two years despite a vow by the incoming U.S. president to halt the project.
TC Energy spo…
WASHINGTON, D.C. — If Donald Trump has anything in common with Canada, it might be this: a shared craving for the attention of the American people that at times can border on the pathological.
Both could go through withdrawal symptoms in the new year…
WASHINGTON, D.C. — Critics of Canada’s most controversial cross-border pipeline projects aren’t taking their demise for granted under president-elect Joe Biden.
A new report from the U.S.-based Rainforest Action Network says two of them — Keystone XL…
WASHINGTON, D.C. — Now that he’s the president-elect, Joe Biden is doubling down on his promise that economic recovery efforts in the United States will remain a made-in-America endeavour.
Biden, who was vice-president when Canada last confronted a D…
WHITEHORSE — The Yukon government says it does not support a permit for an oil drilling exploration project in the Arctic National Wildlife Refuge in Alaska, although experts fear the United States administration will push ahead with the plan. Yukon E…
TORONTO — Stock market investors are breathing a little easier despite potentially facing higher taxes as the possibility of a contested U.S. presidential election appears to be fading, say investment experts.
With nine days to go before election day,…
CALGARY — TC Energy Corp. says chief executive Russ Girling will retire at the end of this year.
The pipeline company says he will be replaced by chief operating officer Francois Poirier who will be promoted to the top job on Jan. 1, 2021.
Poirier wil…
CALGARY — Texas-based Wilks Brothers LLC says it is making formal the $26.1-million takeover bid for Calfrac Well Services Ltd. it proposed last week, while continuing to urge shareholders to reject a management reorganization plan.
The company, which…
CALGARY — Enbridge Inc. says it will restart the east segment of Line 5 in the Straits of Mackinac after winning approval from the U.S. Pipeline and Hazardous Materials Safety Administration and the Michigan Circuit Court.
The Calgary-based company sh…
SWAN HILLS, Alta. — A large spill of crude oil and produced water at a Cardinal Energy facility near Swan Hills is being cleaned up.
The Alberta Energy Regulator has few details about Saturday’s spill on its compliance reporting website.
It says 320,0…
WASHINGTON — U.S. President Donald Trump is eager to jump-start energy projects such as the TransCanada Keystone XL oil pipeline, and he’s taken action to assert executive power over such infrastructure.
The president last month issued a new permit fo…
CALGARY — A move by the governor of Michigan to halt work on a project to replace Enbridge Inc.’s 65-year-old Line 5 pipeline is raising fears that the recently elected Democratic administration could also try to shut down the existing pipeline.
Analy…
CALGARY — Analysts say Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south of the border than they have for at least six years.
In a report, AltaCorp Capital says that trend is expected to conti…
CALGARY — Another foreign oil company says it’s getting out of the Canadian oilsands.
Oklahoma City-based Devon Energy Corp. announced after markets closed Tuesday that it will pursue the “separation” of its Canadian assets and its Barnett Shale holdi…
TORONTO — The CEOs of Canada’s largest bank and its largest pipeline company say the country needs an energy strategy that will better balance environmental and Indigenous goals with the need to develop its abundant oil and gas resources.
But Royal Ba…
OTTAWA — The Supreme Court of Canada is set to rule today on whether energy companies can walk away from unprofitable wells on agricultural land without having to clean up behind them.
A 2016 ruling in the Alberta Court of Queen’s Bench allowed a bank…
CALGARY — Enerplus Corp. says it will increase spending and production this year while continuing to focus on its North Dakota Bakken light oil play.
The mid-sized producer says it plans to spend between $565 million and $635 million this year, with t…
VANCOUVER — Some First Nations and Metis communities are determined to purchase an equity stake in the Trans Mountain pipeline expansion despite a court ruling that halted construction and potentially set the project back for years.
The Federal Court …
TORONTO — Walmart Canada is buying more Tesla semi trucks as it aims to reduce its carbon footprint by having its entire fleet powered by alternative energy by 2028.
The Canadian subsidiary of the U.S.-based retail giant says it will acquire 30 of the…
VANCOUVER — A court decision expected Thursday could determine the fate of the contentious Trans Mountain pipeline expansion and further define Canada’s duty to consult with First Nations, experts say.
The Federal Court of Appeal is to rule on a case …
OTTAWA — Kinder Morgan Canada documents say expanding the Trans Mountain pipeline will cost the federal government another $1.9 billion beyond the company’s original construction estimate and will take another full year to complete.
The figure is incl…
OTTAWA — The federal government is set to become the official owner of the Trans Mountain pipeline expansion after failing to quickly flip the project to another private-sector buyer.
Pipeline owner Kinder Morgan had been working with the government t…
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