A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say.

The legislation, formerly known as Bill C-69, was reviled in the oil-and-gas producing province, where industry leaders saw it as a roadblock to infrastructure development.

Exxon Mobil Corp.'s acquisition of Pioneer Natural Resources in a US$59.5-billion mega-deal is being seen by some as a major vote of confidence in fossil fuels.

The coming startup of the Trans Mountain pipeline will help boost Canadian oil production to an all-time high within the next two years, according to a new report.

More than 50 Alberta CEOs, entrepreneurs and industry leaders are in Ottawa this week in an effort to raise the profile of their province and promote "collaboration" on issues related to energy, climate and the economy.

In a letter to the regulator dated Wednesday, a lawyer representing the Stk’emlúpsemc te Secwépemc Nation (SSN) said the decision to grant the route deviation Monday without providing its reasons has left the First Nation without the ability to decide its next steps.

The report released Tuesday says the worldwide rollout of key technologies such as renewable power, electric vehicles and heat pumps is happening so quickly that demand for coal, oil and natural gas is set to peak within the next 10 years.

The Crown corporation that owns the pipeline project had requested permission to alter the route slightly for a 1.3-kilometre stretch of pipe in the Jacko Lake area near Kamloops, as well as the construction method for that section.

Coastal GasLink has been fined $340,000 by the B.C. Environmental Assessment Office for issues related to erosion and sediment control.

Both traditional oil and gas stocks as well as Canada's mining and metals sector have benefited from a recent surge of investor interest in energy, new data from the Toronto Stock Exchange shows.