CALGARY — More than a decade after it was first proposed by TransCanada Corp., the Keystone XL project is moving closer to the construction phase in Canada and the U.S., despite legal obstacles facing ...

Two key figures are leaving their posts in Alberta’s energy universe in the coming weeks during a period of upheaval for the sector. But two familiar figures will be stepping in to replace them. The A ...

CALGARY — MEG Energy Corp. says its board is unanimously recommending that shareholders reject Husky Energy Inc.’s $3.3-billion hostile takeover offer made on Oct. 2.In a news release, the Calgary-bas ...

CALGARY — There’s a “seller’s market” for attractive assets like those held by its Canadian subsidiary, the CEO of Kinder Morgan Inc. said on a conference call Wednesday to discuss third-quarter resul ...

CALGARY — Canadian oil companies are scrambling to find places to store or ship their “distressed barrels” amid record-setting US$50-per barrel discounts, which is hitting a large proportion of their ...

Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers. The company says that in June it successfully deployed the largest autonomous haul truck i ...

Funding to explore the future of driverless vehicles in the City of Vancouver is shifting into a higher gear following a $386,000 commitment from Ottawa. The money, announced August 10, comes from Tra ...

DUBAI (Reuters) – Saudi Arabia on Sunday warned against threats to punish it over the disappearance of journalist Jamal Khashoggi last week, saying it would retaliate against any sanctions with toughe ...

The blue-light special price for Canadian oil has reached ridiculous levels — and it’s getting worse. The price for Western Canadian Select (WCS) crude fell to just US$26 a barrel on Thursday, while b ...

CALGARY — A financial analyst says prices being paid for Western Canadian oilsands bitumen have fallen so far that many producers are losing money on every barrel sold into the spot market.Analyst Mat ...