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News
TSX Futures Fall as Inflation Fears Rise
4+ day, 2+ hour ago (110+ words) Futures tracking Canadian stocks fell on Thursday amid elevated oil prices and bond yields. Oil extended its rally following the biggest wave of attacks on shipping in the Strait of Hormuz by Washington and Tehran on Wednesday. Global yields moved…...
TSX Futures Fall on Trade War and Inflation Fears
5+ day, 2+ hour ago (135+ words) Futures tracking Canadian stocks moved lower on Wednesday after the US expanded trade restrictions on Canada on Tuesday. The US banned imports of numerous alcoholic beverages, motorcycles and dairy products. The measures followed 50% tariffs imposed last month on about $20 billion…...
Alberta regulator upholds shutdown of oilsands site tied to unpaid workers, disabled safety devices
1+ week, 5+ day ago (321+ words) An Alberta Energy Regulator (AER) hearing panel has upheld orders forcing Sunshine Oilsands Ltd. to permanently shut down and decommission its West Ells thermal project, according to a recent report. The Calgary-based company's appeal was dismissed after commissioners concluded Sunshine…...
Energy minister says Ottawa focused on getting oilsands projects built
1+ week, 6+ day ago (555+ words) Minister of Energy, Hon. Tim Hodgson signs pipeline in Prince George B.C. FORT McMURRAY — Canada’s energy minister says Ottawa is moving to get major energy projects built while seeking new international customers for Canadian oil and gas as the country looks…...
After Imperial Oil turned off its last pump, Norman Wells, N.W.T., looks for what comes next | CBC News
3+ week, 3+ day ago (552+ words) The community of Norman Wells, N.W.T., is facing some major changes after Imperial Oil officially shut down production in the town last Friday. It was a moment that Mayor Frank Pope said was small but significant. Now, Pope and his community…...
Alberta's orphan well costs reach new record
3+ week, 6+ day ago (1056+ words) By Sharon J. Riley The price tag to clean up orphan oil and gas wells in Alberta increased by nearly 50 per cent since last year, bringing the estimated total to $1.66 billion, according to the latest annual report from the Orphan Well…...