Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada's No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate.
WINNIPEG, Manitoba/TORONTO The premier of Canada's oil-producing province Alberta is losing popularity as the pandemic deepens its economic woes, highlighting the big pipeline bet that Jason Kenney has riding on the U.S. election.
WINNIPEG, Manitoba Struggling oil and gas companies in the Canadian province of Alberta will get a three-year break on municipal property taxes for land where they are drilling wells or building pipelines, the provincial government said on Monday.
WINNIPEG, Manitoba Bars and casinos in the Canadian city of Winnipeg will close for two weeks and stores and restaurants will reduce their capacities to half, Manitoba health officials said on Friday, attempting to slow rising COVID-19 infections.
WINNIPEG/TORONTO Canada's struggling oil patch is seeking government aid to clean up its impact on the environment after the industry cut spending on green initiatives to weather the COVID-19 downturn.
WINNIPEG, Manitoba The Canadian province of Alberta, which has among the country's highest tallies of COVID-19 infections and is running one of its largest fiscal deficits, said on Monday that it would eliminate up to 11,000 government health jobs to save money.
WINNIPEG, Manitoba, Oct 6 The Canadian province
of Alberta will look to use its plentiful natural gas reserves
to become an exporter of hydrogen, a clean-burning fuel, by
2040, Premier Jason Kenney said on Tuesday.
Canada-based oil refinery operator Irving Oil on Tuesday said it has terminated an agreement for the purchase of North Atlantic Refinery Limited.
WINNIPEG, Manitoba/NEW YORK U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada's greener fuel standard before Canadian refiners modify their own plants.