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Oil & Gas and Mining News

Canadian Natural Resources buying Chevron's Alberta assets for US$6.5B

Canadian Natural Resources buying Chevron's Alberta assets for US$6.5B

CALGARY — Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion.
Waste flare gas from oil drilling sites to help power Saskatchewan's electricity grid

Waste flare gas from oil drilling sites to help power Saskatchewan's electricity grid

As pressure grows on the oil and gas sector to reduce its emissions, one Calgary-based company is banking on the potential to convert waste gas from oil wells into valuable electricity for nearby communities.
Cement maker Lafarge opens low-carbon fuel facility at Alberta plant

Cement maker Lafarge opens low-carbon fuel facility at Alberta plant

CALGARY — Cement producer Lafarge Canada Inc. says it has installed a new facility at its Exshaw, Alta., plant that will use construction waste to reduce the plant's reliance on fossil fuels.
Enbridge to build new oil and natural gas pipelines in Gulf of Mexico

Enbridge to build new oil and natural gas pipelines in Gulf of Mexico

CALGARY — Enbridge Inc. continues to invest in the U.S.
AI boom could spur large-scale investments in clean energy: experts

AI boom could spur large-scale investments in clean energy: experts

CALGARY — The coming boom in artificial intelligence represents both a threat and an opportunity for the clean energy transition, market experts suggest.
Gas well fire north of Calgary that sent five to hospital extinguished, company says

Gas well fire north of Calgary that sent five to hospital extinguished, company says

COCHRANE, Alta. — A fire at a gas well north of Calgary that injured five workers earlier this week has been extinguished. HWN Energy Ltd. says it consulted with industry experts and implemented a well control plan that was reviewed by regulators.
Gas well fire north of Calgary finally out; investigations into cause underway

Gas well fire north of Calgary finally out; investigations into cause underway

COCHRANE, Alta. — An energy company that runs a natural gas well north of Calgary says a roughly 24-hour fire that injured five workers has finally been snuffed out.
Topaz Energy to acquire royalty interest in Tourmaline properties

Topaz Energy to acquire royalty interest in Tourmaline properties

CALGARY — Tourmaline Oil Corp. says it has signed a $278.2-million deal with Topaz Energy Corp. giving Topaz a gross overriding royalty interest in recently acquired lands in Alberta and B.C.
Fresh fears over Middle East tensions cast cloud as energy leaders meet in Calgary

Fresh fears over Middle East tensions cast cloud as energy leaders meet in Calgary

CALGARY — Worries over escalating tensions in the Middle East and their potential to cause oil price disruptions hung over day one of a major energy sector conference in Calgary.
TC Energy launches South Bow Corp. as independent crude oil pipeline business

TC Energy launches South Bow Corp. as independent crude oil pipeline business

CALGARY — TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.