Billionaire oil baron Harold Hamm just had a very big day. Shares of his Continental Resources Inc. surged 22 per cent Monday, the most since 2016, adding US$2 billion to his net worth, more than anyo ...

NEW YORK — Oil prices dropped about 6 per cent on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5 per cent ...

Calgary companies clawed back CEO bonuses and long-term incentives in 2019, as economic growth in Alberta came to a shuddering halt. Total compensation for executives at Calgary’s largest 100 publicly ...

Enbridge CEO Al Monaco earned nearly $18 million in 2019, a sum that lands him at the top of the list of Calgary’s highest-paid executives. The pipeline boss’s 45.6 per cent year-over-year increase in ...

CALGARY – The Canadian energy industry has surprised investors and massively outperformed the broader market in recent months, but fund managers and analysts are warning clients to remain cautious giv ...

The CEO of Teck Resources Ltd. defended his company’s growth strategy on Tuesday as dissident shareholders criticized what they called “underperforming” investments in coal and oilsands. “Our strategy ...

The province and Alberta Energy Regulator are set to restore all environmental reporting and monitoring of the oilpatch that was suspended due to the COVID-19 pandemic. It’s the right call — and begin ...

Two large Canadian institutional investors, Brookfield Asset Management and the Ontario Teachers’ Pension Plan, are part of a consortium paying US$10.1 billion for a 49 per cent stake in a pipeline su ...

The shortage of pipeline space that has hamstrung Canada’s oil producers for years may finally be over — just not in the way they had hoped.The pandemic-induced oil crash prompted Canadian companies t ...

The first step to fixing a problem is acknowledging there’s a problem. It appears Ottawa has heard a key oilpatch concern that no energy companies have been able to access much-needed federal liquidit ...