Oil and Gas News

June’s public offering of oil and natural gas rights raised $22.8 million dollars, the largest in nearly three years, according to the Ministry of Economy on June 8, 2017.

Turning on the taps: oil, gas land sales up

By 980 CJME June 8, 2017 - 3:20pm Updated: June 8, 2017 - 4:51pm

Saskatchewan hasn’t been making much on drilling rights in the last few years, but business is starting to pick up.

The ministry of economy said June’s public offering...

The International Energy Agency warns global oil supplies could tighten by 2020 without more investment in new projects.

Report of impending oil shortage comes with good news for Canada

By 650 CKOM March 7, 2017 - 10:36am Updated: March 7, 2017 - 10:36am

A new report from the International Energy Agency (IEA) is sounding the alarm about low investment in new oil developments.

The IEA report shows investments in new...

April sales of Saskatchewan land rights down to $3.1M

By Alex Docking April 14, 2016 - 1:00pm Updated: April 14, 2016 - 1:15pm

Sales of petroleum and natural gas drilling rights are the latest sign of the impact of low oil prices on the Saskatchewan oil patch.

The April sales raised $3.1 million...

Oil derricks in southeast Saskatchewan.

Sask. premier asks prime minister for $156 million to create jobs in oil sector

By Sarah Mills February 9, 2016 - 6:44pm Updated: February 9, 2016 - 6:45pm

Premier Brad Wall has been on the phone with the prime minister asking to get money flowing to Saskatchewan.

Wall told Prime Minister Justin Trudeau he is looking not...

Oil drilling rig.

NDP criticizes plan to use federal money to clean up oil well sites

By Sarah Mills February 9, 2016 - 4:34pm Updated: February 9, 2016 - 4:45pm

The Saskatchewan NDP is arguing that money provided by Ottawa should not just help oil companies.

Premier Brad Wall circulated the idea to get people who are out of work...

Onion Lake Cree Nation chief Wallace Fox.

First Nations launch $3-billion lawsuit alleging Ottawa failed to protect resource rights

By Bryn Levy February 9, 2016 - 12:12pm Updated: February 11, 2016 - 3:35pm

Dozens of Canadian First Nations are suing the federal government over allegations officials mismanaged their oil and gas resources for decades.

The Onion Lake and...

Premier Brad Wall

Province has plan to put oil sector employees back to work

By Sarah Mills February 8, 2016 - 4:26pm Updated: February 8, 2016 - 4:30pm

Saskatchewan has a proposal to get oil patch workers back on the job, cleaning up abandoned wells.

Premier Brad Wall said it would help stimulate employment in the oil-...

Premier Brad Wall speaks at SUMA convention in Regina.

Sask. premier says province will run deficits due to revenue shortfall

By Kevin Martel February 1, 2016 - 3:02pm Updated: February 1, 2016 - 4:28pm

Due to ongoing economic pressures, especially in the oil sector, the Saskatchewan government announced it will run deficits for the next two budgets.

Premier Brad Wall...

 Consumers filling up at a discount gas station in Regina.

Gas prices good for consumers, bad for Sask. oil patch

By Adriana Christianson January 19, 2016 - 3:42pm Updated: January 20, 2016 - 7:05am

Saskatchewan drivers are lining up at discount gas stations to take advantage of low prices at the pump this week, but not everyone is thrilled about cheap gas.

On...

Anti-pipeline demonstrators hold placards in Friendship Park on Jan. 15, 2016.

Anti-pipeline group demonstrates in Saskatoon

By Bryn Levy January 15, 2016 - 4:38pm Updated: January 15, 2016 - 4:38pm

Demonstrators in Saskatoon joined a nationwide call for a halt of reviews planned for two major pipeline projects.   A few dozen people from Climate Justice Saskatoon braved...