Suncor warns oil cutbacks mandated by Alberta government pose safety, operational risks

Forced Alberta government crude oil production cuts next year will result in “unintended consequences” that could include increased safety hazards…

Continue Reading →

CRA deploys new weapons against tax evasion: Freezing assets, seizing property

The Canada Revenue Agency is using a new tool in its battle against tax evasion — one that experts say…

Continue Reading →

Oil prices spike after OPEC countries decide on production cut

Oil prices spiked sharply higher Friday after OPEC countries agreed to a proposal that would see global oil production reduced…

Continue Reading →

NASA chimes in on Beaufort Sea drilling rigs

The federal agency that oversees offshore petroleum leasing has received comment on Arctic Ocean drilling from a surprise source —…

Continue Reading →

After massive oil spill, spotlight shifts to agency regulating N.L. offshore industry

Newfoundland and Labrador’s largest-ever offshore oil spill has raised a storm of questions about who has the power to turn oil production…

Continue Reading →

Global markets sink again as tech and retail stocks drop

Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers…

Continue Reading →