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Oil & Gas and Mining News
Oil & Gas and Mining News
Alberta premier hopes for health reform payoff in 2025, regrets deferring tax cut
EDMONTON — Alberta Premier Danielle Smith is eager to show that her government can finally put the pieces of a dismantled provincial health-care system back together again in the new year.
Dec 25, 2024 5:00 AM
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S&P/TSX composite up almost 150 at closing, U.S. markets also higher
TORONTO — Canada's main stock index pushed higher to end Monday up almost 150 points on light trading action, while U.S. stock markets also gained ahead of the Christmas break.
Dec 23, 2024 2:27 PM
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Union for striking aviation fuel workers in Vancouver says aging pipeline poses risk
BURNABY, СÀ¶ÊÓƵ — A union representing striking aviation fuel workers in British Columbia is warning that diversion of the fuel to get around the industrial action could pose an environmental hazard.
Dec 23, 2024 12:47 PM
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Manitoba government to reinstate fuel tax, but at a reduced rate
WINNIPEG — The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate.
Dec 23, 2024 8:25 AM
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Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin
CALGARY — Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.
Dec 23, 2024 7:14 AM
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Statistics Canada reports real GDP grew 0.3 per cent in October
OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
Dec 23, 2024 7:05 AM
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Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates
A Canadian company that has received a US$40-million grant from Bill Gates' climate solutions venture firm says its Alberta test site will be removing carbon directly from the atmosphere as early as this spring.
Dec 20, 2024 12:53 PM
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Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025
CALGARY — Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The company says it will pay a quarterly dividend of 13 cents per share, up a penny from 12 cents per share.
Dec 19, 2024 5:35 AM
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Canada pushes net-zero electricity target to 2050 as Alberta vows legal challenge
OTTAWA — The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal.
Dec 17, 2024 6:47 PM
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СÀ¶ÊÓƵ's projected deficit grows again to $9.4 billion in latest fiscal update
British Columbia's new finance minister said she is "realistic" about the economic challenges facing the province after announcing this year's record deficit is projected to reach $9.4 billion.
Dec 17, 2024 3:19 PM
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