Producers still cautious despite higher Q2 expectations on stronger oil prices

Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets. Canadian oil…

Alberta raises oil quotas for August as rail exports grow, storage levels slip

The Alberta government says it will ease its oil production curtailment program by 25,000 barrels per day in August. The province is citing growing crude-by-rail capacity, declining oil inventory levels and improved efficiencies in export pipelines for the move. Last…

‘It is possible:’ Victoria mayor says fossil-free future not optional

Victoria’s mayor says cities need to move to a fossil-free future — at the same time as they protect jobs. Lisa Helps says her city is working hard to get there. “City by city, if people turns their minds to…

Trans Mountain pipeline expansion decision deadline is here

The federal government is widely expected to green light the Trans Mountain pipeline expansion project a second time Tuesday but, even with a Yes vote, construction is likely weeks, if not months away. The federal cabinet will be reconsidering the…

Environment bill changes needed to ‘avoid alienating provinces’: Morneau

OTTAWA — The federal Liberals say it’s conservative premiers who are putting Canada at risk in a fight over oil and the environment. Finance Minister Bill Morneau says in a letter to six right-leaning premiers Friday it’s “unhelpful to threaten…

Husky pleads guilty to 3 charges in Saskatchewan oil spill

Husky Oil Operations Ltd., a subsidiary of Husky Energy, has pleaded guilty in a pipeline leak that sent oil spilling into a major river that provides drinking water for a number of Saskatchewan communities. The oil spill into the North…

Environment groups say Canadian oil industry asks will result in ‘climate chaos’

Several of Canada’s leading environment groups say election demands from Canada’s oil industry earlier this week are a direct attack on the future health and prosperity of Canadians. The different visions for Canada’s economic and environmental policies are a preview…