February 6, 2020

Low oil prices for ‘foreseeable future’ led to Suncor writedown

The impairment was necessary as Suncor adjusted its global oil price forecast down about $10 per barrel.

February 5, 2020

BHP pushes for diversity, inclusion throughout the supply chain

The mining giant says its most inclusive and diverse teams have 67% fewer recordable injuries, 28% lower unplanned absence rates and up to 11% higher planned and scheduled work delivery.

February 4, 2020

Russia’s comeback in Africa favours profit over long-term influence — analyst

Moscow claims to a host of resources are based on shaky grounds at best, consultancy Verisk Maplecroft says.

February 3, 2020

Feds would signal oil sands ‘have no future’ if Frontier mine blocked: Poilievre

The $20.6-billion oil sands project, 110 km north of Fort McMurray, Alta., is still pending approval from the federal government.

January 31, 2020

Teck’s proposed oil sands mine gets support from rival producers

Prime Minister Justin Trudeau’s cabinet may decide on the project’s fate by the end of next month.

January 30, 2020

Canada’s wood bison near proposed oil project face ‘imminent threats’

Environment Minister Jonathan Wilkinson has concluded the bison are threatened and "immediate intervention is required to allow for recovery."

January 29, 2020

Teck says ‘anyone’s guess’ if Canada will approve oil sands project

Lindsay said Teck has told the government that for it to build Frontier, it needs a pipeline to be built, a partner, and favorable oil prices.

January 29, 2020

Investors urge drillers, miners not to take advantage of Trump environmental rollbacks

The push by the investors comes amid increasing attention by investors to climate and environmental issues.

January 28, 2020

Canada could delay decision on massive oil sands project, says key minister

Ottawa must decide by end-February if Teck Resources Ltd can build the C$20.6 billion ($15.7 billion) Frontier mine in northern Alberta.

January 24, 2020

IMF aid to Congo Republic on hold over Glencore, Trafigura impasse

The IMF bailout hinges on the African nation restructuring the oil-backed loans to the Swiss traders.