Canada's oil industry insists things will pick up. Not everyone agrees.
Blame low oil prices and ... the carbon tax?
STOCKHOLM -- The chief executives of 10 of the world's biggest oil and gas companies have pledged support for an "effective
ST. JOHN'S, N.L. - The vice-president of North American exploration for Statoil ASA of Norway says development of the remote
CALGARY - Statoil has put its Corner oilsands project on hold for at least three years as it grapples with rising costs. The
ST. JOHN'S, N.L. - News of a major oil find off Newfoundland was welcomed Thursday in a province that leans heavily on offshore
ST. JOHN'S, N.L. - Statoil is evaluating a new discovery of high-quality oil off the coast of Newfoundland, about 500 kilometres
Sovereign-owned or controlled enterprises (SOEs) from questionable countries have no business in the boardrooms of Canada or other free enterprise nations. This concern about SOEs is not just about China. Russia is another questionable regime with companies investing here and all over the world that are owned by The Kremlin or by oligarchs who answer to it.
BANGKOK - Add one more Asian suitor to Western Canada's resource-rich energy sector: Thailand wants to buy a major natural
EDMONTON - An Edmonton court has been told that Norwegian energy giant Statoil will admit to at least some environmental