oil sands

Federal Natural Resources Minister Jonathan Wilkinson says he expects between 20 and 25 commercial-scale carbon capture and storage projects to break ground in Canada within the next decade. Wilkinson made the comments in an interview in Calgary, one week after Shell Canada announced it will go ahead with its Polaris carbon capture project in Alberta. […]

The industry group representing Canada’s oil and gas producers says capital investment in the sector will edge slightly higher in 2024. The Canadian Association of Petroleum Producers is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion this year, a small increase from the $39 billion invested by companies […]

FORT MCMURRAY, Canada (AP) — During a May wildfire that scorched a vast swath of spruce and pine forest in northwestern Canada, Julia Cardinal lost a riverside cabin that was many things to her: retirement project, gift from from her husband, and somewhere to live by nature, as her family had done for generations. “That […]

The Crown corporation behind the Trans Mountain pipeline expansion says it may not complete the project before December 2024 if a regulator does not approve its request for a route deviation. Trans Mountain Corp. says the new time frame is a worst-case scenario that could add close to $86 million in cost overruns to the […]