CALGARY — Canada’s largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a 22 per cent increase from the year before but still a far cry from the boom-time levels of investment a decade ago. According to the...
CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company’s Base Mine site near Fort McMurray, Alta. Mark Little, CEO of the...
CALGARY — Canada’s largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry. The Oil Sands Alliance was established Jan. 1, with membership consisting of oilsands...
OTTAWA — The executive director of the International Energy Agency says Canadian oil and gas can be part of the transition to a clean−energy future if the industry can cut its carbon footprint. A new IEA report on Canada’s energy industries praises the country for...
CALGARY — Imperial Oil Ltd. says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay oil and gas-producing areas of central Alberta. The Calgary-based company says it will market its interests in XTO Energy Canada jointly with...
