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Cenovus the latest oil company to shut production in Alberta due to wildfires

CALGARY — Some oilsands producers are removing workers and shutting production from their sites as wildfires rage in northeastern Alberta. Cenovus Energy Inc. said Sunday only essential personnel are left at its Christina Lake oilsands operations south of Fort...

Ontario, Saskatchewan sign agreement to free up trade ahead of meeting with Carney

Premier of Saskatchewan Scott Moe, left, and Premier of Ontario Doug Ford during a media event to sign a Memorandum of Understanding in Saskatoon on Sunday, June 1, 2025. THE CANADIAN PRESS/Liam Richards SASKATOON — Ontario and Saskatchewan signed an agreement Sunday...

Carney discusses “partnerships” with oil and gas executives in Calgary

CALGARY — Prime Minister Mark Carney sat down with oil and gas executives in Calgary Sunday to discuss partnerships and to get their input for his plans to make Canada an energy superpower. Carney, in his first visit to Calgary since being sworn in as prime minister,...

CPP Investments and partner sell Encino Acquisition Partners stake in US$5.6B deal

TORONTO — Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil and gas producer for US$5.6 billion including debt. CPP Investments says EOG Resources is the buyer of Encino Acquisition Partners, which CPP Investments...

Trans Mountain could take on more pipeline projects if private sector can’t: CEO

CALGARY — The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects if necessary, but that it would be preferable for the private sector to take the lead. Trade tumult in recent months with the United...
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