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NEWS: Alberta inquiry finds no wrongdoing in anti-oilsands campaign despite foreign funds

EDMONTON — Canadian environmental groups did nothing wrong when they accepted foreign funding for campaigns opposing oilsands development, a public inquiry has reported. In his much-delayed report released Thursday, Steve Allan, commissioner of the Inquiry into...

NEWS: Precision Drilling Q3 revenue up more than 50% from year ago as drilling ramps up

CALGARY — Precision Drilling Corp. says it lost $38 million in its latest quarter as drilling ramped up and revenue rose more than 50 per cent compared with a year ago. The Calgary-based company says the loss amounted to $2.86 per diluted share for the year ended...

NEWS: Report shows fossil fuel production out of step with government climate commitments

A new international report finds forecasts for fossil fuel production around the world are way out of step with government climate commitments. But one of the report’s authors says Canada’s falling projections for its industry are more realistic than those...

NEWS: Offshore oil and gas regulator lays charges against Cenovus Energy for 2018 spill

ST. JOHN’S, N.L. — Canada’s offshore oil and gas regulator has laid three charges against a Cenovus Energy Inc. subsidiary stemming from a huge oil spill off the coast of Newfoundland in 2018. The Canada-Newfoundland and Labrador Offshore Petroleum Board...

NEWS: Labour shortage concerns extend to oil and gas well cleanup efforts

CALGARY — A shortage of rig workers could delay progress when it comes to cleaning up Alberta’s tens of thousands of inactive oil and gas wells. The Canadian Association of Energy Contractors says drilling and service companies are struggling to find enough...
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