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Canadian Natural Resources reports $1.03B Q3 profit, tops expectations

CALGARY — Canadian Natural Resources Ltd. says it earned $1.03 billion in its latest quarter, down from $1.80 billion in the same quarter last...

Manitoba premier to talk pipelines, flood protection and more with prime minister

WINNIPEG — Manitoba Premier Brian Pallister says he hopes to discuss pipelines, flood protection and other issues during a one-hour meeting Friday with Prime Minister...

Failure of Houston Oil & Gas expected to create up to 1,400 orphan wells

CALGARY — Alberta's Orphan Well Association is warning that the receivership of junior producer Houston Oil & Gas Ltd. could add more than 1,400 wells to its...

Alberta bitumen refinery faces further delays after testing of gasifier unit

CALGARY — A new refinery northeast of Edmonton is facing more delays and won't begin processing oilsands bitumen as designed until early next year. Construction...

First Nation, environmental groups seek leave to appeal Trans Mountain ruling

VANCOUVER — A British Columbia First Nation and three environmental groups hope to appeal a Federal Court of Appeal decision that limited their ability...

Ovintiv name a ‘blank slate’ as Encana plans move to United States

CALGARY — The name Encana Corp. immediately brings to mind two things: energy and Canada. Ovintiv, with which the oil and gas producer plans to rechristen itself once...

Parkland Fuel shares up on adjusted earnings beat, increased guidance for 2019

CALGARY — Shares in Parkland Fuel Corp., Canada's largest independent fuel marketer, rose Tuesday after it increased its 2019 guidance on the back of...

Saskatchewan granted intervener status in First Nations TMX project appeal

REGINA — The Saskatchewan government says it has been granted leave to intervene in an appeal over construction of the Trans Mountain pipeline expansion. The...

Bank brokerages agree to pay $500,000 penalties for breaking trading rules

TORONTO — Investment firms owned by three of Canada's biggest banks have each agreed to pay a half-million-dollar penalty to settle charges of improperly trading...

Western oil prices slip as Keystone N.D. pipeline leak cleanup continues

CALGARY — Prices for Western Canadian Select oil continued to soften on Monday as TC Energy Corp. reported recovering about half the crude that...

Economic growth expected for all four Atlantic provinces in coming year

HALIFAX — A new study says the economic outlook for the Atlantic provinces remains positive for the remainder of 2019 and next year. The independent...

Alberta separation wouldn’t solve problem of landlocked oil: expert

CALGARY — International trade experts say it's a pipe dream to think the landlocked oil-producing western provinces would have an easier time getting their product to international markets...

Pembina to make pipeline expansions to accommodate increased activity in the Montney

FORT ST. JOHN, B.C. - Pembina has approved the first stage of an additional expansion of the Peace Pipeline system. According to Pembina, this expansion...

Tidewater Midstream closes acquisition of Prince George light oil refinery

PRINCE GEORGE, B.C. - Tidewater Midstream and Infrastructure Ltd. has announced that it has closed its acquisition of Husky Energy's light oil refinery located...

Zimmer disappointed to hear news of Encana’s move to the United States

FORT ST. JOHN, B.C. - With Encana's announcement that it has plans to establish a corporate domicile in the United States and change its...

Energy is Canada’s ‘family business,’ benefiting all Canadians: CIBC CEO

CALGARY — The chief executive of CIBC says the energy sector is Canada's "family business" and the Trans Mountain pipeline project must be done...

Oil producer Pengrowth Energy agrees to nickel-a-share bid by Cona Resources

CALGARY — Shares in oil and gas producer Pengrowth Energy Corp. tumbled by 75 per cent on Friday after it announced a deal to be...

Imperial Oil reports 43% drop in Q3 income driven by tight refinery margins

CALGARY — Imperial Oil Ltd. is reporting third-quarter net income fell 43 per cent to $424 million or 56 cents per share, compared with $749...