CALGARY — Suncor Energy Inc. says it has assumed operatorship of the Syncrude oilsands project in a bid to improve its performance. The Calgary-based company agreed to become the operator of the Syncrude Joint Venture, one of the largest operations in the oilsands...
CALGARY — Surge Energy Inc. says it has signed a deal to buy Fire Sky Energy Inc. in an agreement valued at $58 million. Fire Sky owns assets producing more than 1,500 barrels of oil equivalent per day focused in Surge’s core area in southeast Saskatchewan. The...
WASHINGTON — The Canadian architect of the controversial Line 5 cross-border pipeline expansion project said Friday it remains committed to a negotiated solution to its impasse with the state of Michigan, even though the government has effectively walked away from the...
CALGARY — With North American natural gas prices soaring to heights not seen in years, Canadians can expect to pay significantly more to heat their homes this winter. While natural gas prices in Canada and the U.S. have not hit the record levels being experienced...