The Canadian Press
Ottawa expands price caps to Russian petroleum products to reduce revenues
Monday, February 6, 2023, 6:05 AM MST
The federal Finance Department says Canada is joining its fellow G-7 countries plus Australia to expand caps on Russian oil…
Biden administration recommends major Alaska oil project
Thursday, February 2, 2023, 7:03 AM MST
The Biden administration released a long-awaited study Wednesday that recommends allowing a major oil development on Alaska's North Slope that supporters say…
Norway PM says oil profile to fund more aid to Ukraine
Thursday, February 2, 2023, 6:21 AM MST
Prime Minister Jonas Gahr Støre of Norway said Thursday that the oil-rich Scandinavian country will become one of the world’s top…
Shell profit doubles to record as war drives up energy costs
Thursday, February 2, 2023, 6:16 AM MST
Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and…
Saskatchewan First Act will help in future court fights with Ottawa: Justice Minister
Thursday, February 2, 2023, 6:09 AM MST
Saskatchewan's justice minister, while promoting a bill she touts as giving the province more autonomy, says Ottawa's actions have a…
Bulgaria and Serbia diversify energy supplies
Wednesday, February 1, 2023, 6:16 AM MST
The presidents of Bulgaria and Serbia on Wednesday launched the construction of the Bulgarian part of a gas link that is designed…
Imperial Oil expects 'double digit' returns from renewable diesel facility
Wednesday, February 1, 2023, 6:08 AM MST
Imperial Oil Ltd. expects “double-digit returns'' from its $720-million investment to build what will be Canada's largest renewable diesel manufacturing…
Imperial Oil reports $1.73 billion Q4 profit, up from $813 million a year earlier
Tuesday, January 31, 2023, 6:57 AM MST
Imperial Oil Ltd. says its fourth-quarter profit more than doubled compared with a year earlier, helped by a strong operating…
FortisBC Holdings Inc. signs agreement with First Nation over B.C. LNG project
Monday, January 30, 2023, 6:18 AM MST
FortisBC Holdings Inc. says it has signed a deal with a First Nation in British Columbia over the Tilbury liquefied…
Alberta landowners fear repeat of orphan well crisis as renewable energy booms
Monday, January 30, 2023, 6:02 AM MST
Once bitten, twice shy. It's an old adage that explains why Jason Schneider, the elected reeve of Vulcan County, Alta.,…
TotalEnergies EP Canada ups stake in Fort Hills oilsands project
Friday, January 27, 2023, 6:44 AM MST
TotalEnergies EP Canada Ltd. says it is increasing its ownership in the Fort Hills oilsands project by acquiring part of…
Imperial Oil gives OK to $720M renewable diesel project near Edmonton
Thursday, January 26, 2023, 7:02 PM MST
Imperial Oil Ltd. is going ahead with a $720-million project to build a renewable diesel facility at its Strathcona refinery…
