CALGARY — The owner of the Keystone pipeline says a segment that ruptured in North Dakota has been isolated and the oil spill has been contained. Calgary-based South Bow Corp. says it estimates 3,500 barrels were released, equivalent to more than 556,000 litres. South...
CALGARY — Canada’s oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, industry players said Tuesday. West Texas Intermediate crude has lost more than US$10 over the last week to hover around US$60 per...
CALGARY — Parkland Corp. is proposing a slate of 13 directors including three backed by dissident shareholder Simpson Oil Ltd. for election to its board at its annual meeting next month. The Calgary-based company says the nominees come as Simpson, which owns a 19.8...
OTTAWA — Statistics Canada says the country’s merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell. The federal agency says the result compared with a surplus of $3.1 billion in January. Total exports dropped 5.5 per cent to...
A new version of a government-commissioned report about Alberta’s inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding. The tweaked language is one of a few changes...
