Alberta Mining News

Kenney win puts maligned Trudeau pipeline law under new pressure

A trio of proposed laws affecting pipeline, environmental and oil shipping laws are working their way through Canada’s Senate as Trudeau’s Liberals gear up for an October election.

Wildcatters of the prairies get big boost from Alberta oil cuts

One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.

Canada invests $72 million in clean technology for two Alberta companies

The funds will go to oil sands producer Canadian Natural Resources and Titanium Corp.'s Creating Value from Waste (CVW) technology.

Saskatchewan best place to mine in Canada

The Fraser Institute has released its annual ranking of the best jurisdictions for mineral investment. Four of the top 10 places are Canadian provinces.

Teck misses Q4 profit estimates on lower copper, zinc and oil prices

Canada’s largest diversified miner saw its quarterly profit drop 41.5 % from the year earlier, amid lower prices for copper, zinc and oil.

Suncor reports Q4 record 740,800 bbl/d

Funds from all operations were approximately C$2.0 billion in Q4 2018, compared to C$3.0 billion for the same quarter a year earlier.

Teck Resources flags fourth-quarter profit coming below estimates

EBITDA will be down by about $148 million.

Oil town fights man camps in effort to boost local population

We want more people living in this region and calling this home.

Vector Structural Engineering now licensed in Canada

Rapidly growing firm's engineering expertise will help Canadian clients meet construction, budgetary, and licensing goals.

Canada’s Suncor expects upstream output to jump by 13% in Q4

The country's largest oil and gas producer by market cap also said it will specify the exact impact of Alberta's mandatory output caps when it issues its 2019 capital and production guidance on Feb. 5.

Suncor Energy weighing impact of Alberta's mandatory oil production cuts for next year

Canada's largest oil and gas producer by market capitalization said the exact impact will be unveiled when it issues its 2019 capital and production.

Suncor posts record quarterly operating income of $1.3B

Cash flow provided by operating activities was $4.37 billion.

East River granted permission to purchase insolvent Connacher Oil and Gas

The junior oilsands producer has been operating under creditor protection since May 2016.

US State Department sees ‘minimum’ impact from Keystone XL new route

The alternate route approved last year by Nebraska regulators is expected to have minor to moderate effects on three of the eight environmental categories the U.S. State Department assessed.

The Vancouver junior shaking up the lithium mining industry

MGX Minerals is rolling out technology that cleans and harvests lithium from wastewater generated by oil and gas – 80m barrels a day in North America alone.

Petro-Lithium production represents diversification of Alberta’s energy economy

Alberta's E3 Metals Corp. developed a chemical extraction process that allows lithium to be produced in hours.

Shell sells stake in Canadian Natural Resources for $3.3 billion

Once the deal closes, Shell's only involvement in Canada's oil sands will be through its 10% stake in the Athabasca Oil Sands Project, majority owned by CNR and Chevron.

Teck ups stake in Chile Quebrada Blanca copper mine in $162.5m deal

Company now owns 90% of Compañía Minera Teck Quebrada Blanca, which main asset is the namesake copper project in Northern Chile.

One of world's dirtiest oil sources wants to go green

Alberta is boosting its use of renewable energy, closing power plants that burn coal and in January increased its tax on carbon emissions by 50 percent.

The big squeeze: pain ahead if Alberta cuts oil flow to BC

BC drivers might be hit with more than gasoline price spikes should Alberta decide to play hardball.

Suncor output to suffer from early start of Syncrude maintenance

Eight-week maintenance project at Syncrude that had been scheduled to start in April will start Thursday.

Oil sands upgraders may make a comeback amid pipeline crisis with $1-billion Alberta pledge

Partial updgrading would free up pipeline space and produce a grade of oil that's easier to refine and more valuable than the heavy grades produced currently.

Teck restarts Elkview dryer, to lose 200,000 tonnes of coal production

Company expects to lose about 200,000 tonnes in steelmaking coal output.

Suncor Energy files application for 160,000-bpd Lewis oilsands project

Canada’s largest integrated energy company has filed an application for a massive new oil sands project defying expectations of slowing growth in the oil sands.

Teck Resources down despite better profit in Q4

The firm, North America's No.1 producer of coking coal, said the boost in profit was mainly thanks to the reversal of an impairment charge related to an improvement in the outlook for steelmaking commodity.