As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that is looking overly optimistic.The global crackdown on plastic ...

CALGARY — Canadian natural gas producers are enjoying a rare spike in the price of their commodity, but the upswing could be short lived as analysts expect gas demand from the oilsands to fall amid th ...

CALGARY – The Canadian subsidiary of Chinese state-owned oil giant China National Offshore Oil Corporation Ltd., or CNOOC, has laid off 100 people from its Calgary offices in a move it says is vital t ...

Alberta Energy Minister Sonya Savage is welcoming an unprecedented agreement by OPEC and its allies to cut more than 10 per cent of global oil production. However, the province is not going to force p ...

Alberta’s Minister of Energy Sonya Savage expects the federal government to announce a “liquidity package” this week that would help oil and gas companies in her province survive through the severe pr ...

Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months. Last week, Jason Kenney’s new provincial gove ...

The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to a devastating price war.After a week-long marathon of bilateral talks and four days of video confe ...

Oil held near $20 a barrel as Saudi Aramco’s output surged above 12 million barrels a day, but Russia said it would refrain from further production hikes. Crude futures in New York were little changed ...

MOSCOW/LONDON/DUBAI — Top oil nations struggled to finalize record output cuts at G20 talks on Friday to boost prices slammed by the coronavirus crisis, as Saudi Arabia clashed with Mexico despite U.S ...