Mark Scholz

The organization representing Canada's oil and gas drilling sector is asking the federal government to create a new tax credit it says it needs to help the industry decarbonize.

The rising price of oil may grab most of the headlines, but another commodity — natural gas — is on an even wilder ride and expected to hit fresh heights this summer.

The association that represents Canadian drilling companies is forecasting a minuscule improvement in drilling activity in 2020.

The brochure's cover has the Texas flag as a backdrop and shows an arrow pointing from Alberta to the Lone Star State.

Ottawa's approval of the Trans Mountain pipeline expansion pleased business leaders on Tuesday, June 18, 2019, but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast.

Alberta Premier Rachel Notley's threat to reduce oil shipments to other provinces, the latest salvo in a recent pipeline dispute with British Columbia, carries on a provincial tradition of using its natural resources to reinforce its political positions.