Alberta oil and gas CEOs say combination of high dividend yields and sliding shares are spooking investors

Mid-sized Alberta oil and gas producers say their share prices have fallen so low that investors are starting to worry their rising dividend yields are becoming unsustainable. The irony is that his Calgary-based company has no intention of reducing its…

Plains Midstream proposes expansion of pipeline system that leaked 7 years ago

A pipeline company that was fined $1.3 million in 2014 after pleading guilty in two separate Alberta oil spills is announcing plans to expand its Canadian system. READ MORE: Plains Midstream pleads guilty, fined $1.3 million for two oil spills…

Edmonton prefers province runs renewable energy home improvement program, but can run it if it has to

A new report heading to Edmonton City Council’s executive committee says the city itself could take the lead role in administering a new program that would help to make people’s homes or businesses become more energy efficient. Edmonton staff are…

Ottawa won’t rush into sale of Trans Mountain pipeline to Indigenous groups: Sohi

Canada’s natural resources minister says the government is willing to consider bids from Indigenous groups for a stake in the Trans Mountain pipeline. But Amarjeet Sohi also says Ottawa wouldn’t jump at the first offer on the table. “We have…

Montana governor says he’s open to idea of supporting Keystone XL pipeline

Montana Gov. Steve Bullock said Monday during an online meeting about climate change that he’s open to supporting the Keystone XL pipeline “if it’s done right,” a departure from other Democratic presidential candidates who condemn the proposed oil line from…

Feds announce $4.5M in grants for coal transition in Alberta, Saskatchewan

The federal government is announcing projects to help western workers and communities dependent on coal mining to become less reliant on the industry. Speaking in the Nisku industrial area south of Edmonton Friday morning, Natural Resources Minister Amarjeet Sohi said…