OPEC has its work cut out to persuade the market that its cuts will stabilize oil prices. Crude settled below US$50 a barrel in New York for the first time in more than a year, falling 2.6 per cent af ...

Ottawa is spending $1.6 billion to help struggling energy companies stay afloat, buy new equipment and diversify as Alberta grapples with bargain basement oil prices. Natural Resources Minister Amarje ...

CALGARY – The Canada Energy Regulator surprised the oil industry Friday by blocking a proposed change to how a major oil export system operates, a move that will likely have an effect on the spot pric ...

CALGARY – The Canadian Energy Regulator is set to make a decision by end of day Friday that will affect the future of the spot market for domestic oil — and could also have major implications for both ...

Alberta Premier Jason Kenney could not have timed his trip to New York to glad-hand with major American bankers and investment managers any better.Kenney spent three days in mid-September taxiing arou ...

CALGARY — Eight Canadian energy companies were booted out of the S&P/TSX Composite Index on Monday because their market capitalization has dropped below minimum requirements, the latest sign of diffic ...

The plunge in U.S. oil prices has wells in some parts of the Permian Basin below break-even levels, threatening to put the brakes on the record flow from the prolific field. Oil produced from the Perm ...

CALGARY — The federal government unveiled $1.6 billion in new loans and financial support for beleaguered Canadian oil and gas companies Tuesday, but energy executives said the funding won’t solve the ...

If you needed additional evidence that Prime Minister Justin Trudeau doesn’t understand Alberta, you got more of it Tuesday. Federal Natural Resources Minister Amarjeet Sohi and International Trade Di ...

Everyone in the Canadian oil and gas business will be happy to close the chapter called 2018. Next year, the saga of one of the largest industries in the land will be longing for resolution — or at le ...