Category Archives: Oil&Gas

‘Hoping for a timely and fair resolution,’ White House says of CP Rail labour dispute

WASHINGTON — Canada's reputation as a reliable trading partner for the United States suffered another black eye Monday as Americans awoke to a new kink in the bilateral supply chain: a labour dispute at CP Rail that left more than

Ukraine war ups pressure for US oil; industry faces hurdles

BILLINGS, Mont. (AP) — In the oil fields of northern Montana, industry veteran Mac McDermott watched crude prices whipsaw from $75 a barrel in January to more than $120 as Russia pressed its war in Ukraine, then down again when

Michigan wants ‘to have its cake and eat it too’ on Line 5: chambers of commerce

WASHINGTON — Business leaders from the United States and Canada are again wading into the fray over Line 5, accusing the state of Michigan of dragging its heels to ensure the controversial cross-border pipeline remains in a state of legal

Saskatchewan paid out $125M for oil well cleanup before getting legislative approval

REGINA — Saskatchewan's auditor says the Ministry of Energy and Resources violated government legislation by handing out grants for cleaning up inactive oil wells before getting approval. Tara Clemett says the ministry paid$125 million to the Saskatche...

Saskatchewan assured sanctions on Russian oligarch won’t affect Evraz workers: Moe

REGINA — Premier Scott Moe says he's in contact with the federal government to make sure Canada's sanctions on a Russian oligarch will not affect workers at a steel mill in Saskatchewan.  Prime Minister Justin Trudeau has put sanctions on Roman

Amid energy crisis, Ottawa urges Michigan to end crusade against Line 5 pipeline

WASHINGTON — The federal government is urging the state of Michigan to abandon efforts to shut down the controversial Line 5 cross-border pipeline.  Natural Resources Minister Jonathan Wilkinson says the ban on energy imports from Russia means Canada a...

Premier won’t call for sanctions on oligarch who owns shares in Saskatchewan mill

REGINA — Saskatchewan Premier Scott Moe says he's not calling on Ottawa to sanction a Russian oligarch who's a major shareholder in a U.K.-incorporated multinational manufacturing company that operates a steel mill in Regina. The British government, cl...

Alberta premier tells municipalities no time to super-spend despite soaring oil cash

EDMONTON — Premier Jason Kenney is telling municipal leaders that while Alberta is once again flush with oil cash, now is not the time to put spending into overdrive. Kenney says oil revenues that are soaring can just as quickly fall,

Premier says N.L. oil can replace Russian oil, but experts warn it’s not that easy

ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says oil from his province could help countries transition away from Russian fossil fuels, but experts warn it's not that simple. Though there may be immediate demand, there's no way to

Ukraine can’t negotiate with ‘gun to head,’ says Joly as Trudeau presses allies

BERLIN — Canada's foreign affairs minister called for a ceasefire in Russia's invasion of Ukraine on Wednesday, arguing the Ukrainian government needs the breathing room as it heads into talks with the Putin regime. "We need to make sure to support