REGINA – For the second straight year, the number of inactive oil wells in Saskatchewan has been reduced through the Inactive Liability Reduction Program (ILRP), which is administered by the Ministry of Energy and Resources. As of January 2025, there were...
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...
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,...
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...
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...
Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until Sept. 15, comprises 0.62 of a common share of Strathcona and $4.10 in cash for each MEG share it doesn’t already own. MEG said Friday...
