Canadian miner Teck Resources Ltd , the world’s second-biggest exporter of steelmaking coal, reported a better-than-expected quarterly profit on Monday, boosted by its energy business and a slight inc ...

Premier Jason Kenney is ruling out using larger production quotas to tackle catastrophically low Canadian oil prices but is pitching joint action with the United States to prevent “predatory dumping” ...

CALGARY – Canadian heavy oil prices plunged to a new low on Friday that could force domestic oilsands sector to shut in production to survive the historic collapse, according to a new report from Wood ...

CALGARY – As commuters stay home and lockdown orders spread across the U.S., the price of Canadian heavy oil has collapsed.Western Canadian Select heavy oil price benchmark fell 30.5 per cent on Thurs ...

The world will run out of places to store oil in as little as three months, according to an industry consultant.IHS Markit said that current rates of supply and demand mean inventories will increase b ...

CALGARY — An American activist investor trying to force change at TransAlta Corp. has launched a lawsuit to try to derail the power utility’s $750-million partnership deal with Brookfield Renewable Pa ...

Cenovus Energy on Wednesday cut its 2019 oil sands production guidance by 7 per cent and posted quarterly earnings well below analysts’ estimates, the first signs of the impact of a government ordered ...

CALGARY – All of Canada’s largest oil companies are underwater at current oil prices, oilfield service providers are laying off staff as they struggle to pay their debts and a new report argues the in ...

CALGARY — The federal government can’t guarantee it will have a decision on the proposed Trans Mountain pipeline expansion prior to the next election, Natural Resources Minister Amarjeet Sohi said. Th ...

CALGARY, Alberta — The outgoing chief executive of Canada’s Suncor Energy on Thursday urged the new Alberta government to find a way out of mandatory oil production curtailments that were imposed this ...