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The market is vulnerable to sudden price spikes.

The appointment is effective August 15.

The cost of Canada's Trans Mountain pipeline expansion has risen 44 percent.

The expansion of the Trans Mountain pipeline received the final regulatory clearance it needs to start shipping crude from the oil sands to Canada's Pacific Coast.

Costs for the expansion of the pipeline will be 10 percent more than the most recent estimate of CAD 30.9 billion.

West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows.

TransAlta and TransAlta Renewables have agreed to merge to strengthen their position in the clean electricity sector.

Transgaz has awarded construction rights for the Tuzla-Podisor pipeline to a Turkish company.

TransGlobe Energy Corporation has approved the proposed strategic business combination with Vaalco Energy at a recent Special Meeting.

Transgrid has put in place a $11.2 billion plan to shift the New South Wales to 100 percent instantaneous renewable energy over the next decade.