REGINA – One of the big questions around the development of a new lithium industry in Saskatchewan is just what will be the royalty structure? Will it be based on oil and gas extraction, or potash? How much will it be, which is a huge factor in the economics for any...
CALGARY — Precision Drilling Corp. says chief financial officer Carey Ford has been promoted to president and chief executive of the company. Ford replaces Kevin Neveu, who has retired after serving as president and chief executive since 2007. The Calgary-based oil...
CALGARY — Analysts at CIBC say they’re doubtful Alberta Premier Danielle Smith’s plan to spur development of a West Coast bitumen pipeline will succeed. They say in a report that they applaud the effort and are open to the possibility of such a project...
VICTORIA — Engineer Jashan Bains is the first to spot a black dorsal fin cutting through the water. “Whale, one o’clock,” he says. It’s a September morning on board the Hecate Sentinel, a 20-metre long skimming vessel, one of eight ships the...
EL SEGUNDO, Calif. (AP) — A fire broke out at a Chevron oil refinery just outside Los Angeles on Thursday night, sending towering flames into the air that were visible for miles. Officials in El Segundo, California, urged people to stay indoors. By early Friday,...
MONTREAL — Federal Energy Minister Tim Hodgson says it’s too early to say whether a liquefied natural gas facility pitched for Quebec meets the bar of being in the national interest. “My sense is this is not a project that is at a scale where we need to be...