Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.
"I sort of approach it with some tepid enthusiasm from what I can see. We are hopefully going to see a couple of mining projects–predominantly in eastern Canada–that will come to fruition in the next quarter."
A fast-moving wildfire in northeastern Alberta has forced the evacuation of staff at two oil sands facilities representing over 7 percent of Alberta's oil production.
The mining industry is said to be one of the worst performers in matters of gender diversity. In fact, women represent only 16% of the workforce in the mining sector.
Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.
The loan will be used for the development of the company's Red Chris gold and copper mine in northwest British Columbia.
The ambitious target made that doesn’t seem to include regulation plans for the oil sands sector.
More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.
The monthly global average concentration of CO2 in March was the highest since scientists began tracking this greenhouse gas in the global atmosphere.
2 new SNL Energy reports rank the highest-paid CEO's in 2014 for power and gas utility and for midstream.
In Fort McMurray, even New Democrats sport “I Love Oil Sands” T-shirts.
The recent drop in oil prices keeps taking a toll on the company's bottom line.
A Delta railway equipment manufacturer has its eyes on expanded market opportunities resulting from new requirements for rail cars that carry crude oil and other dangerous goods in Canada and the United States.
Energy and mining industries, hammered by a commodity slump, are poised to be the biggest beneficiaries of looser Canadian foreign-takeover rules.
A Petronas-led natural gas partnership in British Columbia is offering a Canadian aboriginal community Cdn$1bn to approve a new energy project.
Only primary producers like Peabody will be excluded from investment portfolio so a BHP or Glencore could still make the grade. Met coal also fine.
Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings.
Western Canadian Select crude, North America’s best-performing grade in the past month, may strengthen further as reduced drilling frees up pipeline room.
Amazingly enough, precious metals are the best-performing commodities sub-sector so far this year, having collectively lost 2.5 percent.
One of the world’s longest-running political dynasties is on the brink of losing power, threatening to make life tougher for companies toiling in Canada’s oil patch.
After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.
Half of the 41 fracking companies operating in the U.S. will be dead or sold by year-end because of slashed spending by oil companies, an executive with Weatherford International Plc said.
When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada's western frontier of Saskatchewan and neighboring Alberta will 'still have the edge', according to a report from TD Economics.
The price of oil has historically had a huge affect on the global economy but how does it impact on our lives in general?
Kal Kotecha, founder and editor of Junior Gold Report, says now is the time to be buying resource stocks, especially gold equities.
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