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Oil & Gas and Mining News

Alberta Energy Regulator fines company $456K for providing misleading, false info

Alberta Energy Regulator fines company $456K for providing misleading, false info

EDMONTON — The Alberta Energy Regulator has fined a company $456,000 for submitting false or misleading information in its applications for reclamation approval.
New federal energy minister tells oil and gas execs it's time for some quick wins

New federal energy minister tells oil and gas execs it's time for some quick wins

CALGARY — Canada's new energy minister walked into the lion's den Friday and spoke to oil and gas executives in Calgary about Ottawa's plans to turn the country into an energy superpower.
N.B.'s 3-member panel won't rule out sale of debt-laden power utility

N.B.'s 3-member panel won't rule out sale of debt-laden power utility

FREDERICTON — A three-person team who will lead a review of New Brunswick's debt-laden public power utility says "nothing is off the table" when it comes to finding solutions.
Vermilion Energy selling assets in Saskatchewan and Manitoba for $415 million

Vermilion Energy selling assets in Saskatchewan and Manitoba for $415 million

CALGARY — Vermilion Energy Inc. has signed a deal to sell a group of assets in Saskatchewan and Manitoba for $415 million. The company says it will use the net proceeds from the sale to repay debt.
Western premiers agree to develop new economic corridors, call for federal support

Western premiers agree to develop new economic corridors, call for federal support

YELLOWKNIFE — Canada's western premiers say they've agreed to identify, plan and develop new economic corridors to connect provincial resources to international markets.
New report casts doubt on potential revival of Quebec LNG project

New report casts doubt on potential revival of Quebec LNG project

MONTREAL — Reviving a liquefied natural gas export project in Quebec's Saguenay region would be costly and likely unprofitable, a shareholder advocacy group says, as economic threats from the U.S.
Municipal climate plans under threat by new Ontario housing bill, critics say

Municipal climate plans under threat by new Ontario housing bill, critics say

TORONTO — A major piece of Toronto's climate plan appears to be in the Ontario government's crosshairs, critics warn, as the province advances a bill that could strip municipalities of their power to set green building standards.