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Oil set for best week since early March on better demand outlook

Friday, April 16, 2021, 6:28 AM MDT

Oil edged higher at the end of a week in which prices have climbed on optimism the recovery in demand…

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Zero-carbon goal pushes Japan to bet on century-old technology

Thursday, April 15, 2021, 6:57 AM MDT

Some of the biggest industrial companies in Japan are working on a project that could trigger a wave of investment…

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Shell asks investors to vote against activist climate resolution

Thursday, April 15, 2021, 6:49 AM MDT

Royal Dutch Shell plc’s board has urged shareholders to reject a climate resolution filed by Dutch activist investor Follow This…

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U.S. startup plans to build first zero-emission gas power plants

Thursday, April 15, 2021, 6:43 AM MDT

A new kind of power plant that doesn’t add greenhouse gases to the atmosphere is being built in the U.S.,…

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Oil drops below $63 after jumping on stellar U.S. demand data

Thursday, April 15, 2021, 6:40 AM MDT

Oil eased, cooling some of a rally that pushed prices up by almost five per cent on Wednesday. Futures in…

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Sasol, Toyota develop South African green hydrogen project

Wednesday, April 14, 2021, 7:22 AM MDT

Sasol Ltd. plans to develop the use of green hydrogen by fuel cell vehicles on a major South African freight…

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Biden to pick veteran oil drilling regulator for interior role

Wednesday, April 14, 2021, 7 AM MDT

Tommy Beaudreau, a veteran of the Interior Department who charted new restrictions for Arctic oil drilling under former President Barack…

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Cows join carbon market in quest to curb planet-warming burps

Wednesday, April 14, 2021, 6:26 AM MDT

A European startup has started selling carbon credits for cattle raised on a feed supplement that reduces the amount of…

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Enbridge’s Great Lakes pipeline is ‘nonnegotiable’ for Canada

Tuesday, April 13, 2021, 7:47 PM MDT

Enbridge Inc.’s contentious oil pipeline crossing the Great Lakes is “nonnegotiable” for Canada, and Justin Trudeau’s government spoke with U.S.…

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U.S. oil output nears levels not seen since pandemic’s start

Tuesday, April 13, 2021, 6:29 AM MDT

The Permian Basin, the U.S.’s most prolific shale patch, will produce crude oil at levels not seen since the start…

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A key oil spread heralds rising competition among suppliers

Tuesday, April 13, 2021, 6:23 AM MDT

The battle for oil sales is set to become more intense as rising output from OPEC+ and the Middle East…

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Oil rises near $60 with China trade robust amid virus concerns

Tuesday, April 13, 2021, 6:16 AM MDT

Oil rose with traders looking for the next catalyst to shake the market out of a recent tight trading range.…

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