Oil & Gas and Mining News

CALGARY — The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects if necessary, but that it would be preferable for the private sector to take the lead.

CALGARY — Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until Sept. 15, comprises 0.62 of a common share of Strathcona and $4.

TORONTO — Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil and gas producer for US$5.6 billion including debt.

A Canadian tenant advocacy group says nearly half the renters they surveyed don't have air conditioning, as they press for protections from climate-fuelled extreme heat.

HALIFAX — Nova Scotia’s deputy minister of natural resources says private landowners whose property has been identified for potential uranium exploration can say no.

HALIFAX — The Nova Scotia Assembly of Mi’kmaw Chiefs says the provincial government needs to do a better job of consultation as it pushes to develop the province’s natural resources.

A new report says the annual levy charged to Alberta oil companies to fund the cleanup of orphaned oil and gas wells remains too low to clear the backlog or keep up with the rate of surrendering.

OTTAWA — The federal government moved on Tuesday to purge consumer carbon pricing from law, effectively putting an end to what was once the keystone of the Liberals' climate policy.

EDMONTON — The Alberta Energy Regulator has fined a company $456,000 for submitting false or misleading information in its applications for reclamation approval.

CALGARY — Canada's new energy minister walked into the lion's den Friday and spoke to oil and gas executives in Calgary about Ottawa's plans to turn the country into an energy superpower.