Oil & Gas and Mining News

OTTAWA — An environmental think tank is warning the federal government against repealing its electric vehicle mandate, instead suggesting that politicians should be helping to put more EVs on the road.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Stampede The oilpatch is donning cowboy hats and boots this week for the Calgary Stampede.

MONTREAL — As Canada looks to fast-track major projects that could reduce its dependence on the United States, a new subsidiary of a Norwegian energy company says it wants to build a liquefied natural gas export facility in Quebec.

COCHRANE — The federal natural resources minister has announced $21.5 million in funding for five Alberta projects that aim to lower the cost of capturing and storing carbon dioxide emissions.

CALGARY — The party tents are up, straw bales are scattered around sidewalks and the most crucial 10 days of the year are in full swing for one Calgary bar and restaurant operator.

CALGARY — Trican Well Service Ltd. has signed a deal to buy Iron Horse Energy Services, a privately owned oilfield services provider. Under the deal, the company will pay $77.35 million in cash and 33.

CALGARY — Tidewater Midstream and Infrastructure Ltd. has signed a deal to sell its Sylvan Lake gas processing facility to Parallax Energy Operating Inc. for $5.5 million. The company says the facility is a non-core asset located in central Alberta.