ST. JOHN’S, N.L. — Newfoundland and Labrador is a major step closer to developing its deepest offshore oil site at Bay du Nord, with the potential of billions in revenues and hundreds of jobs. Premier ...

It was near the end of an hour-long meeting Thursday on the 21st floor of a downtown Calgary office tower when junior oil producer Doug Bartole finally had a chance to speak to Alberta’s premier. Arou ...

CALGARY – Canadian heavy crude oil prices fell sharply this week as oil supplies surge, inventories rise and railway shipments are unable to keep pace with rising production.The value of multiple blen ...

Canadian crude prices are plunging once again as repairs were completed on Alberta’s second-biggest oilsands upgrader and production surged from a new mine.Synthetic crude, a light grade produced in u ...

Calgary-based Surge Energy Inc. has signed a deal to acquire Mount Bastion Oil and Gas Corp. for $320 million in cash and stock. Mount Bastion shareholders may choose between cash, Surge shares or a c ...

From the lack of available pipeline capacity to the potential adoption of electric cars, there is no shortage of threats facing the Canadian oilsands. But the latest menace lies in a seemingly innocuo ...

Sometimes, you have to take a few steps back to move forward. At Crescent Point Energy Corp., the company hopes such a strategy will reshape one of the country’s largest petroleum producers, regaining ...

CALGARY — The federal government is keeping all its options open in its bid to build the troubled Trans Mountain pipeline expansion project, including an appeal to the Supreme Court to challenge last ...

CALGARY — The National Energy Board says Trans Mountain Pipeline ULC can start construction on sections of its pipeline expansion between Alberta and British Columbia. The NEB says in a statement that ...

Canadian Natural Resources is targeting first oil from its new Kirby North in situ oilsands project three months ahead of schedule. The 40,000 bbl/d Kirby North project is an expansion to Kirby South, ...