Oil & Gas and Mining News

CALGARY — Canada's oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, industry players said Tuesday.

CALGARY — Parkland Corp. and its biggest shareholder have each proposed competing board slates as their dispute heats up ahead of the fuel refiner and retailer's annual general meeting next month. Simpson Oil Ltd.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Election campaign and trade The federal election heads into its third week with the party leaders trying to pitch themselves as the best person to stand up to Donal

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector's outlook should the weakness persist. West Texas Intermediate crude, the key U.S.

A new version of a government-commissioned report about Alberta's inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding.

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.

CALGARY — Gasoline prices are coming down in Canada as the consumer carbon charge drops to zilch from 17.6 cents per litre, but motorists had yet to feel the full impact of the change on Tuesday.