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Chris VarcoeCalgary Herald |
A dollop of encouraging news for Alberta arrived Friday, as OPEC cemented a deal to support higher oil prices, the discount on Canadian crude...
Two powerful symbols emerged this week to demonstrate what’s at stake in Alberta’s new oil curtailment plan. One is a reward: the potential for...
Who doesn’t like a little instant gratification? Put your money in slot machine, pull the handle and win. Pull up outside the mall on Saturday and...
Share the pain. Premier Rachel Notley announced Sunday the province is going to temporarily throttle back crude production in Alberta beginning next...
The president of Ensign Energy Services is feeling optimistic after winning a $947-million takeover battle for Trinidad Drilling earlier this week....
In the words of one former Alberta energy minister, Premier Rachel Notley is facing a “once-in-a-generation” decision. The head of the Alberta...
Bill Morneau isn’t getting aboard Rachel Notley’s oil-by-rail plan to boost crude shipments out of Alberta. But the federal finance minister...
Bill Morneau isn’t getting aboard Rachel Notley’s oil-by-rail plan to boost crude shipments out of Alberta. But the federal finance minister...
It took three years and several embarrassing losses for the Notley government to finally figure out the best way to stop other provinces from...
If Prime Minister Justin Trudeau thought he was going to curry favour by visiting the heart of the oil industry Thursday, touting tax changes to make...
If Prime Minister Justin Trudeau thought he was going to curry favour by visiting the heart of the oil industry Thursday, touting tax changes to make...
The heart of the matter: Canada needed more pipelines years ago and Ottawa didn't deliver.
Total Energy Services will shutter branches in Western Canada for the first time in its history — and CEO Daniel Halyk isn’t pulling punches about...
For the first time in its 22-year history, Total Energy Services will shutter branches in Western Canada. The Canadian oilfield service firm recently...
Rock, meet hard place. Premier Rachel Notley’s government finds itself in a no-win position as Canada’s oilpatch has splintered over the issue of...
Get it in writing. Trust but verify. It doesn’t matter what motto one embraces, the Alberta government and energy industry remain deeply skeptical...
The head of Athabasca Oil Corp. took steps to throttle back the company’s thermal oilsands production due to lousy prices. After shutting in, CEO...
Stop me if you’ve heard this before. A judge puts the brakes on a vitally important piece of energy infrastructure for the oilpatch, Alberta and...
Imperial Oil Ltd. received a treat on Halloween with the long-awaited approval by provincial regulators of its new Aspen oilsands project. Now, it has...
Coun. Gian-Carlo Carra calls it a crisis. So does Coun. Druh Farrell. Just in case Calgary businesses haven’t heard, the property tax shift coming...
A rift is emerging in Canada’s energy sector between some of its most powerful players over what should be done to deal with the colossal price...
A big deal, big profits and a big request. A flurry of third-quarter results triggered an avalanche of oilpatch news Thursday as Encana Corp. unveiled...
One of Canada’s largest oilsands producers is ramping up crude-by-rail shipments and slowing production amid “fire-sale” prices for Canadian...
City council spent much of Tuesday dealing with the fickle future of the 2026 Olympic bid, but it should be paying closer attention to a much bigger...
Here’s a novel — and somewhat controversial — idea to fix the steep discount squeezing Canadian oil prices today: cut output. A new report by...
The chief executive of one of the country’s largest petroleum producers says the profound problem moving oil out of Western Canada is “the slowest...
As Calgary city council faces another headache from the steep drop in the value of downtown office buildings — and in the taxes it collects — a...
First we bought a $4.5-billion oil pipeline. Now there are suggestions Canadians, through the federal government, should consider investing in rail...
Calgary city council has a hot potato in its hands and needs to come up with a plan that doesn’t leave local businesses getting burned. But part of...
As the price discount on Canadian oil deepens, so too does the pressure on the Alberta government’s finances. During a trip to Calgary and Edmonton...
Fight or flight. These are the normal instinctual reactions when someone is suddenly attacked or surprised. For intermediate oilsands producer MEG...
Two key figures are leaving their posts in Alberta’s energy universe in the coming weeks during a period of upheaval for the sector. But two...
One store will have a DJ on site and give away free T-shirts for those waiting in line-ups. Another has high hopes of making Tommy Chong its first...
The blue-light special price for Canadian oil has reached ridiculous levels — and it’s getting worse. The price for Western Canadian Select (WCS)...
One and done, or more to come? Fresh off a decision by Royal Dutch Shell and its partners to construct the country’s first liquefied natural gas...
WestJet Airlines has spent the past 22 years carefully extending its reach, expanding from Canada to other parts of North America, into sunshine...
Is it reasonable to spend $10,000 to create one new job in the city? How about $1.5 million for 150 jobs? That’s how much the city’s new...
High unemployment. Empty office buildings. A lack of new pipelines. Falling capital investment. The challenges facing Calgary’s economy today are...
A thick blanket of snow fell on Calgary on Tuesday morning, while warmer fall weather greeted folks in Vancouver. That seems appropriate, given the...
The oilsands business has seen takeovers unfold this decade near the top and the bottom of the price cycle. Other deals occurred because foreign...
BANFF – During one moment Friday at the Global Business Forum, veteran oilman Hal Kvisle suggested an executive with LNG Canada should announce a...
U.S. President Donald Trump said he wouldn’t meet with Canada’s prime minister this week, then criticized Canadian trade negotiators for being...
Speaking before the Grey Cup last November, Premier Rachel Notley told a Calgary business audience that the Trans Mountain pipeline expansion was...
Exacerbated. If one word describes how most Albertans feel about the state of building pipelines today — and new federal legislation to oversee...
Natural Resources Minister Amarjeet Sohi is still feeling bullish about the prospects for the stalled Trans Mountain pipeline expansion. For a project...
Following a lengthy investigation, Alberta’s electricity market watchdog has found a government agency — the Balancing Pool — broke the...
It was almost 20 years ago when I first met Clay Riddell and the encounter still stands out. At an energy investment forum luncheon, I was seated at a...
Is a low offer in hand worth more than the lure of a better one — or two — in the bush? For investors in Trinidad Drilling Ltd., that’s one of...
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