The 2023 spring road restrictions come into force in Saskatchewan on Friday, April 7, according to an April 5 press release from the Ministry of Highways. The announcement came roughly three weeks after the usual announcement of spring breakup road bans. That...
By Amanda Stephenson in Toronto A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada’s energy sector executives these days, as experts say crude prices could...
It’s noon in Alberta, and wind power generation is producing less than one per cent of its capacity. An hour later, it dropped again by half, to 0.47 per cent of capacity. At 12:07 p.m. on Tuesday, April 4, the Alberta Electric System Operator (AESO) showed the...
by Elaine Kurtenbach in Bangkok BANGKOK (AP) — Oil prices soared nearly 6% on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed. U.S....
CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares. The company is acquiring the assets from a group of portfolio companies of funds managed by EnCap...
SaskPower is intent on building out a further 3,000 megawatts on wind and solar power, in addition to the 617 megawatts of grid-scale wind and 30 megawatts of grid scale solar already in place. That would make a total of 3,647 megawatts, if all built. So what would it...
