Partnering with Stonepeak in a US$10.1 billion transaction to support Castrol's next phase of growth TORONTO, Dec. /CNW/ - ...

BP is nearing a sale of a majority stake in its Castrol lubricants unit to investment firm Stonepeak in a deal that values the entire division at $10 billion, including debt, the Wall Street Journal ...

Oil prices posted modest rises on Wednesday, extending gains from the previous session, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and Russia. Brent ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker ...

Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is pleased to announce that it has closed its previously announced offering of rights (the "Rights Offering") to the holders of commo ...

Malaysian state-owned energy firm Petroliam Nasional said on Wednesday it would supply Chinese offshore oil and gas company CNOOC with 1 million metric tons per annum of liquefied natural gas (LNG).

Producer prices in Canada rose by 0.9% in November from October on higher prices for energy and petroleum products, as well ...

HALIFAX - The Nova Scotia government is working with Dalhousie University to issue a call for companies interested in ...

AI data center electricity demand revives peaker power plants * Peakers emit more pollution when they run than typical power plants * The power plants are often located in low-income, minority ...

CALGARY - The chief executive of a U.S.-based carbon capture startup embarking on a project in Alberta's oilsands says Canada ...

The United States told the United Nations on Tuesday it will impose and enforce sanctions "to the maximum extent" to deprive Venezuelan President Nicolas Maduro of resources as Russia warned other ...

Indigenous communities across British Columbia are playing a critical role in building the foundation for LNG—from natural gas supply to pipeline corridors and export terminals—helping drive momentum ...