A new oil pipeline has an expected lifetime of at least 50 years. But will an expanded Trans Mountain pipeline become a stranded asset before it pays for itself, as global oil demand declines? Not acc ...

LONDON — Oil rose by more than 3 per cent to above US$63 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington.Expect ...

Justin Trudeau is poised to give the green light to a major crude pipeline as he faces rising calls to support Canada’s struggling oil industry.The prime minister’s cabinet is widely expected to give ...

Global oil giants like the U.S., Russia and Saudi Arabia that command the attention of traders had some unexpected company on Sunday: a province of less than 5 million people in Western Canada. Albert ...

LONDON — The Strait of Hormuz, the narrow shipping lane between Iran and Oman named after the fabulously wealthy ancient kingdom of Ormus, has fascinated oil traders since the Iranian revolution in 19 ...

The U.S. government has accused Iran of being behind the Thursday attack on two tanker ships in the Gulf of Oman, but unlike in the past, when hostilities in the Middle East may have resulted in soari ...

The Trans Mountain pipeline generated a massive loss in the first four months that it was owned by the Canadian public – or a small profit, depending on which economist or accountant you talk to, and ...

A diverse group of Canadian politicians spoke with a clear message of unity supporting oil and gas at a huge Calgary rally on Tuesday. An estimated 4,000 people attended the rally outside the Global P ...

The Canadian oil lobby’s rosy forecasts for surging oil production against all odds in the past few years have finally been worn down by regulatory uncertainty and congested pipelines.The Canadian Ass ...