Energy

COPENHAGEN — Denmark has decided to end all oil and gas activities in the North Sea by 2050 and has cancelled its latest licensing round, saying the country is “now putting an end to the fossil fuel era.” The Danish Parliament voted late Thursday to en…

CALGARY — A Canadian oil company with production from both oilsands and light oil and gas wells is forecasting lower spending and little change in production in 2021. Athabasca Oil Corp. says it plans to spend $75 million next year, versus $85 million …

CALGARY — Suncor Energy Inc. is forecasting higher spending and production in 2021 based on benchmark U.S. oil prices staying near their current levels of around US$45 per barrel. It says it predicts daily oil and gas production between 740,000 and 780…

CALGARY – An environmental law group has lost its bid to pause Alberta’s inquiry into where critics of its oil…

Calgary-based Imperial Oil Ltd. said Wednesday it is laying off about 200 of its 6,000 employees across Canada as part of a cost-cutting initiative due to low oil prices. The oilsands, refining and energy retailing company, which has been reluctant to …

CALGARY – Imperial Oil Ltd. says it will relinquish its contract to provide operational, technical and busines…