ANALYSIS: When does an ‘I love Canadian oil & gas’ shirt become political?

Do you love Canada? Because you should love its oil and gas — or so some people are saying during this election campaign. A bumper sticker-style shirt promoting Canada’s oil and gas sector has become an early flashpoint in the…

Oil price jump linked to Saudi Arabian attacks sparks energy stock rally

Higher oil prices spurred by an attack on Saudi Arabian oil facilities boosted the Canadian energy sector on Monday but are expected to result in higher fuel prices for consumers. Long-suffering Canadian oil and gas stocks were on track to…

Trans Mountain restarting pipeline construction ‘not reason to celebrate’: Jason Kenney

Alberta’s premier says Trans Mountain announcing it will resume construction on its pipeline expansion project is a step forward, but not a reason to celebrate. Story continues below On Wednesday morning, Trans Mountain Corp. advised construction contractors to get ready…

Cleanup of central Alberta oil spill expected to take 3 weeks

Bonterra Energy Corp. says it has 70 workers cleaning up the site of an oil emulsion leak from a pipeline into a creek that feeds the North Saskatchewan River in west central Alberta. Story continues below In an update posted…

Oilsands production growth cut despite lower building costs in CERI forecast

The Canadian Energy Research Institute says growth in oilsands production over the next 20 years is expected to be slower than previously forecast, despite falling project construction costs. In an update study, the Calgary-based think-tank says it expects total oilsands…

Alberta oilsands producers report boost in Q2 net incomes thanks to corporate tax cuts

The Alberta government’s move to cut corporate taxes from 12 to eight per cent has added more than $2 billion to second-quarter net incomes of major oilsands producers Suncor Energy Inc., Husky Energy Inc. and Cenovus Energy Inc. In quarterly…

Natural gas producers demand government action in open letter to Kenney

The CEOs of nine Alberta natural gas producers have released an open letter to Premier Jason Kenney asking him to show “bold leadership” in supporting a plan to restrict production to boost low gas prices. The letter warns that the…

Majority in every province but 1 back Liberals’ Trans Mountain decision, and it’s not B.C.: Poll

A new poll has found that nearly six in 10 Canadians back the federal government’s decision to approve the Trans Mountain Pipeline Expansion (TMX). Ottawa re-approved the pipeline on Tuesday, following a court-mandated deeper round of consultations with Indigenous groups…

Alberta premier to weigh in on Trans Mountain pipeline expansion approval

Alberta Premier Jason Kenney is scheduled to weigh in Tuesday afternoon on the federal government’s decision to once again approve the Trans Mountain pipeline expansion project. Story continues below The federal government announced its decision to reapprove the contentious project…