Despite job losses and red ink, tepid commodity prices and continuing consolidation, Canadian oilsands companies are shifting gears. They’re turning some production back on. And some companies expect ...

Calgarians can be forgiven for feeling bulldozed by the problems rolling through the oilpatch today, as the city faces double-digit unemployment and the prospect of layoffs stemming from Cenovus Energ ...

CALGARY – Another 2,150 workers are set to lose their jobs in Canada’s ever-shrinking oilpatch after Cenovus Energy Inc. and Husky Energy Inc. confirmed Tuesday their blockbuster merger would mean a 2 ...

Suncor Energy is transitioning positions from its offices in Mississauga and Oakville to Calgary in the coming year, a company spokesperson said Monday. About 700 people currently work at the two Onta ...

By his own admission, the most frustrating period in Alex Pourbaix’s career was being forced to add a billion dollars of debt when oil prices crashed this spring. “After all the work we had done to ge ...

A new wave of oilpatch consolidation has been widely expected since oil prices cratered this spring, undercutting share prices and piling debt onto Canadian petroleum producers. Some smaller deals hav ...

Enmax Corp. is expected to reduce jobs during a review of operations as some business areas have been “hit hard” by the pandemic and its economic fallout. The City of Calgary’s utility has begun evalu ...

The science is clear: upwards of 80 per cent of the world’s fossil fuel reserves need to stay in the ground if there is to be any hope of controlling climate change. That creates a massive risk for an ...

Canada’s oilfield services industry is heading into the critical winter drilling season with one bright light emerging on a relatively bleak horizon: natural gas. Alberta natural gas prices closed at ...

In hockey, the best defence is a good offence. When it comes to the economy, Calgary needs to play offence in 2021 after several years of being pushed back on its heels. Today, in the middle of a glob ...