As the oil sector weathers an extreme downturn amid declining demand and increased supply, Canadian oil producers, with support from the Alberta government, are exploring whether to create a North Ame ...

Imperial Oil Limited is reducing its spending for this year by $1 billion, including a $500-million cut to its capital spending plan as it deals with the COVID-19 pandemic and crash in oil prices. The ...

TC Energy Corporation gave the go ahead for construction of its US$8-billion Keystone XL Pipeline project on Tuesday, with a helping hand from the Alberta government. The company said Alberta has agre ...

A federal aid package for struggling Canadian energy firms has run into weeks of delays, in part because officials are still trying to obtain up-to-date data, according to three sources familiar with ...

The last major oilsands mine to start operating in northern Alberta could be Canada’s first big casualty of the Saudi-Russian price war and the Covid-19 pandemic.Teck Resources Ltd., one of the partne ...

WASHINGTON — The United States on Monday said it will eliminate in May all waivers granted to eight economies allowing them to buy Iranian oil without facing U.S. sanctions, as it ratcheted up pressur ...

The Canada West Foundation has named former provincial cabinet minister Gary Mar its new president and CEO, replacing Martha Hall Findlay, who left the organization in December. Mar most recently serv ...

Canadian oil and gas producer Imperial Oil Ltd. said on Tuesday it would cut its full-year capital spending by 30 per cent or $500 million (US$351 million) and will delay maintenance work at its Syncr ...

The long-awaited Keystone XL pipeline is finally moving ahead. And in the latest major twist in its long journey, the Alberta government is set to take an equity stake and provide a loan guarantee to ...

CALGARY — Despite a rapid spike in oil prices, investors are watching the rally from the sidelines as they ponder whether to jump in amid a broad rally in global energy stocks, led by the Canadian ene ...