Shares of Paramount Resources surged by 17% to 31.85 Canadian dollars ($22.75) after it said it has agreed to sell a number of its Alberta properties to oil and gas company Ovintiv for C$3.33 billion.

World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...

Paramount Resources said that it has agreed to sell a number of its Alberta properties to oil and gas company Ovintiv for 3.33 billion Canadian dollars ($2.38 billion).

Suncor also said it is on track to exceed its 2024 production and refining guidance, helped by record third-quarter output ...

The Chinese state-backed E&P company expects to achieve a peak production of 8,200 barrels of crude oil per day next year at ...

There are a good many people in my home province, who wouldn’t buy into this line of thought for a second. However, Alberta is the powerhouse producer of oil and gas in Canada, and politically ...

Alberta is determined to raise both its profile and its influence with the incoming Donald Trump administration, according to ...

Detailed price information for Cvw Cleantech Inc (CVW-X) from The Globe and Mail including charting and trades.

Developed through steam-assisted gravity drainage (SAGD) operations, the project will commission eight well pairs.

Chinese operator CNOOC Ltd has achieved first oil at its Long Lake Northwest project in Canada, five months after mechanical ...

Canada proposed Monday establishing what it said would be one of the world's first greenhouse gas emissions cap-and-trade system for the oil and gas sector aimed at slashing pollution.

Most of the emissions reductions are expected to come from cutting methane pollution, and a proposed oil sands carbon capture ...