A federal judge has handed Imperial Oil Ltd. (TSX:IMO) a defeat in its efforts to move ahead with the $8-billion Kearl oilsands mine—a project environmentalists say would destroy huge tracts of boreal forest in Northern Alberta. read more »
Bankers Petroleum Ltd. (TSX:BNK, AIM:BNK) said Wednesday it is spinning its Albanian heavy oil and North American shale gas businesses off into two different companies—mere days after one of Canada's biggest energy players announced a similar restructuring. read more »
Shares in EnCana Corp. (TSX:ECA) rose Monday morning in their first trading since the petrochemicals giant announced it will split into two separate oil and gas companies by 2009. read more »