oil

The Alberta government says that despite recent changes, Ottawa’s Impact Assessment Act remains unconstitutional. The federal government recently amended the act following its dismissal by the Supreme Court on constitutional grounds. Premier Smith, Justice Minister Mickey Amery, and Environment Minister Rebecca Shulz issued a joint statement yesterday asserting that the revised laws still infringe upon […]

Syncrude Canada will pay $390,000 for failing to ensure the health and safety of a worker. On April 4, 2024, the company entered a guilty plea to one charge of failing to ensure the safety of a worker under the Occupational Health and Safety Act. The legal action comes from a June 6, 2021, incident […]

Fort McKay First Nation and Suncor Energy are partnering to explore potential oil sands projects on the First Nation. On March 7th, the energy giant and the First Nation inked a memorandum of understanding (MOU) to collaborate on a potential oil sands project located within the reserve lands of the Fort McKay First Nation. The […]

Calgary’s MEG Energy is starting a new chapter in the company’s history. Derek Evans will be stepping down as President and CEO of the oil sands major as well as relinquishing his position on the company’s Board of Directors. Current Chief Operating Officer, Darlene Gates will be taking over his position effective May 1st. “Derek […]

Canada’s energy sector is boosting upstream capital investments this year. The Canadian Association of Petroleum Producers (CAPP) forecasts the sector to invest $40.6 billion (CAD) this year, up approximately $700 million over 2023 levels. According to Lisa Baiton, President and CEO of CAPP, there is cautious optimism with current Canadian oil production at record levels […]

Another day, another delay for the tormented Trans Mountain Pipeline, The federally owned Trans Mountain Corporation (TMC) building the long overdue expansion says it has hit another snag. As TMC inches its way along the Fraser Valley, it has encountered an issue while drilling through Mountain 3 along the route. The project, which will provide […]

Suncor is purchasing French Energy giant, TotalEnergies EP Canada Ltd. (Total) Canadian operations. The $1.468 billion acquisition means Suncor takes over Total’s 31.23 per cent working interest in the Fort Hills oil sands mining project (Fort Hills) and adds 61,000 barrels per day of net bitumen production capacity along with 75 million barrels of proved […]