Faced with a poor outlook for natural gas prices, three producers have slashed their 2018 budgets by a combined $660 million, while a fourth warns that prices sustained at current levels would “paraly ...

Saudi Arabia’s unprecedented corruption crackdown — worth anywhere from US$100 billion to US$800 billion, depending on who you ask — makes wringing money from rich princes look as lucrative as extract ...

When the boss of Europe’s biggest listed oil company says his next car will be electric, it says a lot about the future of fossil fuels. Royal Dutch Shell Plc responded to the worst oil-price crash in ...

Suncor Energy Inc.’s dispute with French oil major Total S.A. over costs at the nearly-competed, $17-billion Fort Hills oilsands mine marks a new twist in the hasty departure of international oil comp ...

Hydro One Ltd. said Friday that it will have to book an $885-million loss if it is unable to overturn a ruling made by Ontario’s energy regulator with regards to expected savings generated by going pu ...

The cost of looking after hundreds of wells, pipelines and other oilfield gear left behind by bankrupt Lexin Resources Ltd. has exceeded $2 million and the bills continue to roll in, says Alberta’s Or ...

Hey, prime minister, it’s Alberta calling. Just a quick note: we could use some help out here on pipelines. That’s because the entire energy chessboard has been flipped over since Ottawa approved two ...

Wealthy Saudis are moving assets out of the region to avoid the risk of getting caught up in what authorities call a crackdown on corruption, according to six people with knowledge of the matter.Some ...

Encana Corp. has no plans to spend more to increase production despite recent world oil price increases linked to unrest in Saudi Arabia, CEO Doug Suttles said Wednesday. He said the Calgary-based oil ...

CALGARY — Encana Corp. says it earned a third-quarter profit of US$294 million, down from US$317 million a year ago, as revenue fell. The Calgary-based energy company, which keeps its books in U.S. do ...