By Amanda Stephenson in Calgary CALGARY — Crude oil prices plunged below US$70 and Canadian energy stocks took a beating Wednesday as market chaos continued amid concerns about a spreading bank crisis. “We’re down US$12 in two and a half days, which is...
VICTORIA — The Haisla First Nation on British Columbia’s northern coast has been granted a provincial environmental assessment certificate for a floating liquefied natural gas facility. The B.C. government said Tuesday the nation, in partnership with Pembina...
CALGARY — Canadian oil and gas companies are singing from the same songbook in the lead-up to the 2023 federal budget, and its title is the Inflation Reduction Act. The U.S. legislation, signed into law by U.S. President Joe Biden in August of last year, has been...
VANCOUVER — Environmental groups are celebrating after ExxonMobil relinquished offshore oil and gas exploration permits in British Columbia dating back more than 50 years. Lawyer Ian Miron with Ecojustice Canada says the company has been dropped from a Federal Court...
CALGARY — The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion. That’s the latest figure from Trans Mountain Corp., the federal Crown corporation that owns the pipeline. On Friday, Trans...
