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News

Premier Smith affirms Alberta’s 2050 net zero goal in testy committee appearance

October 23, 20253:12 PM The Canadian Press0 Comments

Alberta Premier Danielle Smith

OTTAWA - Alberta Premier Danielle Smith reiterated her province's commitment to becoming a carbon neutral economy by 2050 at a parliamentary committee on Thursday, where MPs are studying Canada's emissions reduction plan for the end of this decade. Her virtual appearance included testy exchanges as Bloc Québécois MP Patrick Bonin repeatedly demanded to know whether Smith believes in climate change. She suggested that as a Quebecer, he could not grasp the substance of one of Canada's biggest [Read more]

TC Energy

ConocoPhillips to lay off Canada employees in November, company memo shows

October 23, 20253:11 PM Reuters0 Comments

U.S. oil company ConocoPhillips is laying off employees at its Canadian operations, according to three sources and a company memo reviewed by Reuters, as it moves to cut up to a quarter of its global workforce by next year. The memo did not specify how many layoffs would take place but said they would begin at the company's Canadian operations in the first week of November. Employees in Calgary will be notified virtually on November 5 and those in the company's Surmont oil sands operation in [Read more]

Chevron ConocoPhillips Imperial Oil

Baytex Conference Call and Webcast on Third Quarter 2025 Results to Be Held on October 31, 2025

October 23, 20253:00 PM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - October 23, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its third quarter 2025 financial and operating results after the close of markets on Thursday October 30, 2025. A conference call and webcast will be held on Friday October 31, 2025 to discuss the results: Date: Friday October 31, 2025 Time: 9:00 a.m. MDT (11:00 a.m. EDT) Registration: For Express Access and Calendar booking, visit our website to [Read more]

Baytex Energy

Cenovus to hold third-quarter 2025 conference call and webcast on October 31

October 23, 20252:30 PM Globe Newswire

CALGARY, Alberta, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its third-quarter 2025 results on Friday, October 31, 2025. The news release will provide consolidated third-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, cenovus.com. Third-quarter 2025 conference call: 9 a.m. MT (11 a.m. ET) For analysts wanting to join the call, please register in advance. To participate in [Read more]

Cenovus

B.C. First Nations make legal challenges to huge Ksi Lisims LNG project

October 23, 20251:29 PM The Canadian Press0 Comments

VANCOUVER - Two British Columbia First Nations are taking the federal government to court to quash a decision approving the Ksi Lisims floating natural-gas facility and marine export terminal. The Lax Kw'alaams Band and the Metlakatla First Nation filed separate judicial reviews in Federal Court earlier this month, alleging the Minister of Environment and Climate Change ignored their concerns about the adverse impacts of the massive LNG project. The  Impact Assessment Agency of Canada [Read more]

LNG

US reopens Alaska wildlife refuge to oil and gas development

October 23, 20251:20 PM Reuters0 Comments

The Trump administration on Thursday announced a series of steps to open up Alaskan wilderness to energy and infrastructure development, including by resuming oil and gas leasing in the remote Arctic National Wildlife Refuge. The Interior Department said in a statement that it will reopen the full 1.5-million-acre (0.6-million-hectare) Coastal Plain of the ANWR to leasing, reversing moves by former President Joe Biden's administration to restrict drilling in the area. The department will [Read more]

Suncor reports restart of units at Montreal refinery

October 23, 20251:00 PM Reuters0 Comments

Suncor Energy on Thursday reported the restart of units in sequence at its 137,000 barrels-per-day Montreal refinery. On Monday, a power outage had prompted a shutdown at the refinery. "This restart should last a few days. During this period, the flame from the flare may be more visible," the company said in a notice to the community. (Reporting by Ashitha Shivaprasad in Bengaluru; Editing by Leslie Adler) [Read more]

Suncor

Carney says ports, minerals key to his plan to double non-U.S. exports

October 23, 202512:22 PM The Canadian Press0 Comments

OTTAWA - Building up port infrastructure and exporting more resources like the critical minerals in Ontario's Ring of Fire are key parts of Ottawa's plans to double non-U.S. exports, Prime Minister Mark Carney said Thursday. "Part of those strategies that are consistent with the goal are new energy and trade corridors," Carney told a news conference in Bowmanville, Ont. Carney announced Wednesday that he has set an "ambitious" goal of doubling Canada's non-U.S. exports over the next decade [Read more]

Strathcona Announces Q3 2025 Conference Call

October 23, 202510:36 AM CNW

CALGARY, AB, Oct. 23, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) will release its third quarter 2025 financial and operating results after market close on November 5, 2025. Strathcona will host a conference call on November 6, 2025, starting at 9:00AM MT (11:00AM ET), to review the Company's third quarter 2025 results. Date: Thursday, November 6, 2025 Time: 11:00AM ET (9:00AM MT) URL [Read more]

Strathcona Resources

Putin says Russia will never bow to US pressure, warns on missiles

October 23, 202510:14 AM Reuters0 Comments

President Vladimir Putin said on Thursday that Moscow would never bow to pressure from the United States or any other foreign power, and cautioned that it would deliver an "overwhelming" response to any military strikes deep inside Russia. U.S. President Donald Trump on Wednesday hit Russia's two biggest oil companies with sanctions in a sharp policy shift on Moscow's war in Ukraine, prompting global oil prices to rise by nearly 5% on Thursday and India to consider cutting Russian [Read more]

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