The Transportation Safety Board says external corrosion led to a natural gas pipeline rupture that caused an explosion near a small northwestern Alberta community. In a statement on the results of its investigation into the April 2022 blast near Fox Creek, Alta., the...
By Amanda Stephenson in Calgary Analysts say 2024 will be a year of weaker oil prices, something that should bring some relief to weary consumers after two years of soaring energy costs. On Monday, the benchmark West Texas Intermediate crude price continued what has...
SQUAMISH, B.C. — A ship that will house more than 600 workers at a natural gas construction project north of Vancouver arrived in British Columbia waters this week after a 40-day journey from Estonia, where it had been in use by Ukrainian refugees. Bridgemans Services...
CALGARY — Precision Drilling Corp. says its long-term debt reduction target is on track and it met its 2023 goal by shedding $152 million of debt. The Calgary-based energy services company ended the year with a cash balance of approximately $55 million and total...
Suncor, alone, is now producing more oil than all of Venezuela By Amanda Stephenson in Calgary CALGARY — Suncor Energy Inc.’s share price jumped Wednesday as the company reported its fourth quarter oil output was its second-highest quarter ever. The...
