CALGARY – Nexen Energy will begin work on a new $400-million expansion of its Long Lake project, in a rare return of foreign direct investment to the oilsands.Nexen, the Calgary-based subsidiary of Ch ...

TransCanada Corp.’s Keystone XL may be one pipeline too many for Canada, at least for now. Construction of the export line would supply Western Canada with more pipeline capacity than needed through 2 ...

Canadians have split down the middle over the federal government’s decision to purchase the Trans Mountain pipeline expansion project, according to an Angus Reid Forum online survey released Tuesday. ...

Suncor Energy Inc. and Enbridge Inc. are among Canadian fossil fuel companies seeking answers after Ontario premier-designate Doug Ford announced plans to unwind a cap-and-trade program that has issue ...

It’s the biggest union in the oilpatch this year, but the merger of Baytex Energy Corp. and Raging River Exploration Inc. received a rough initial reception from shareholders on Monday. The question i ...

Baytex Energy Corp. slid the most in more than two years after agreeing to buy rival western Canadian oil producer Raging River Exploration Inc. in a $1.6 billion deal that threatens to dilute its per ...

Baytex Energy Corp. and Raging River Exploration Inc. have signed a $2.8-billion deal to merge in a bid to boost the companies’ East Duvernay Shale operations in Alberta. The combined company, which w ...

With this column, I begin a hiatus from newspaper deadlines to take on the role of chancellor at the University of Calgary, effective July 1. Yes, after 20 years of regularly opining on pipelines and ...

Brookfield Asset Management Inc., Canada’s largest alternative asset manager, may consider investing in the Trans Mountain pipeline — if it would produce an attractive return.“We look at all infrastru ...

Each year, the Haskayne School of Business and Calgary Chamber of Commerce recognize a community leader who’s made a difference in both the private and not-for-profit sectors. This year’s Distinguishe ...