Prime Minister Justin Trudeau to speak with Calgary oil industry providers
Province's oil sector is wants to know if Trudeau is serious about helping deliver its product to the coasts for export.
oil economy
Chinese investors to buy Calgary-based Long Run Exploration in $770 million deal
Intermediate oil and gas producer has been struggling to service its debt and reported a net earnings loss of $305 million in the third quarter.
Oil prices plummet to 11-year low
Global oil glut drives down prices giving Canadians cheaper gas at the pumps, but pain for oil industry.
Oil price collapse named Business Story of the Year for second year in a row
Editors and news directors across the country chose the crude collapse in a landslide with 24 votes.
Appeals judges: Dutch court has jurisdiction in pollution case between Nigerian farmers, Shell
Activists say the ruling sets a landmark legal precedent that clears the way for Dutch-based companies to be sued for alleged negligence of their subsidiaries abroad.
Experts see more good than bad for Canada's oilpatch if U.S. oil export ban ends
Banfirst came into force when oil shortages were commonplace 40 years ago — a stark contrast to today's U.S. glut, thanks to fracking in operations in Texas and North Dakota.
Canada's oilpatch adjusts to the 'new normal' after a year of pain
Canadian Association of Petroleum Producers has estimated the downturn has slashed 40,000 jobs in the sector, mostly in Alberta, and has urged political leaders to keep competitiveness top priority.
Companies in ailing oilpatch look for ways to avoid or delay layoffs
Canadian Association of Petroleum Producers has estimated at least 40,000 jobs have been shed in Canada's oil and gas industry this year.
Iran unveils upgraded oil contract model, hoping for investment after sanctions are lifted
New style of oil contracts aim to attracting foreign investment once sanctions are lifted under a landmark nuclear deal reached earlier this year.
Alberta regulator to hear arguments in Suncor's hostile takeover bid of COS
Suncor Energy took a $4.5-billion all-stock offer directly to shareholders on Oct. 5 after attempts at inking a friendly deal were rebuffed by COS leadership in the spring.
IEA says oil markets bearish as demand growth slows, stockpiles climb
Global demand for oil is forecast to increase by 1.2 million barrels a day next year, down from an increase of 1.8 million barrels a day this year.
Canadian Pacific: Broken rail caused oil train derailment in Watertown; defect not visible
More than a dozen cars jumped track on Sunday and punctured one car, spilling hundreds of gallons of oil and forcing the evacuation of a nearby neighbourhood.
Shell CEO: Carmon Creek retreat does not mark a retreat from the oilsands
CEO Ben van Beurden said his company ranks investment opportunities in its global portfolio project-by-project, not region-by-region.
The trail of people touched by Keystone XL: how Obama's decision affects thousands
Trail of people touched by the decision stretches 2,000 kilometres from Canada to the midwestern U.S.
A look at the status of other pipeline projects in Canada
An update on the status of other major pipeline proposals in Canada as well as a look at the amount of oil shipped by rail.