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 firms considering diluent recovery units to increase crude by rail volumes

Ongoing pipeline project delays and growth in crude-by-rail capacity from Western Canada are leading some oilsands producers to consider spending billions of dollars to build diluent recovery units. Oilsands bitumen is a thick, sticky oil which must be diluted with…

Frustration grows among natural gas producers amid low prices, LNG uncertainty

Greg Kist admits he was burned out when he resigned as president of Pacific NorthWest LNG at the end of 2014, as the Vancouver-based venture led by Malaysian energy giant Petronas advanced its ill-fated mission to build a liquefied natural…

Calgary’s Hub Oil explosion: A somber 20th anniversary for victims’ families

Friday marks the 20th anniversary of Calgary’s deadly Hub Oil explosion. The explosion at the refinery on 17 Avenue Southeast happened on Aug. 9, 1999, sending flames shooting into the air and forcing first responders to keep their distance before…

Finning optimism rises on better than expected oilsands, construction markets

Surprising strength in western Canadian oilsands and construction markets along with rising interest in driverless mining trucks and a tax cut in Alberta are fuelling optimism for Finning International Inc. The Vancouver-based heavy equipment dealer on Wednesday credited sales and…

Calgary-based Tourmaline Oil’s shares tumble on disappointing Q2 and production guidance changes

Shares in Tourmaline Oil Corp. tumbled by as much as 16 per cent on Thursday morning after it missed second-quarter expectations and warned it expects to produce fewer barrels of petroleum liquids and more dry gas this year. The Calgary-based…

Pair of Calgary-based fracking firms report double-digit Q2 revenue declines

Two of Canada’s biggest oil and gas well-fracking companies are posting double-digit percentage revenue declines as energy exploration spending slowed in the quarter ended June 30. Calfrac Well Services Ltd., which has operations in Canada, the U.S., Russia and Argentina,…

Canadian energy giants take out full-page newspaper ads as federal election looms

Three of Canada’s biggest oilsands producers are going directly to voters today to ask them to “influence the outcome” of big decisions concerning the oil and gas sector as a fall federal election looms. In full-page ads in about 30…