The Canadian Press

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OPEC+ makes big oil cut to boost prices; pump costs may rise

Thursday, October 6, 2022, 7:14 AM MDT

The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that…

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Suncor Energy Inc. selling wind, solar assets to Canadian Utilities Limited

Thursday, October 6, 2022, 6:20 AM MDT

Suncor Energy Inc. says it is selling its wind and solar assets to Canadian Utilities Limited for $730 million. The…

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OPEC+ weighs large oil cutback to boost sagging prices

Wednesday, October 5, 2022, 6:27 AM MDT

The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships…

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EU agrees on price cap for Russian oil over Ukraine war

Wednesday, October 5, 2022, 6:24 AM MDT

European Union countries agreed Wednesday to impose a price cap on Russian oil and other new sanctions after Moscow illegally annexed four…

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B.C. breaking its own law on climate change reporting, Sierra Club tells court

Wednesday, October 5, 2022, 6:21 AM MDT

An environmental group is in court accusing the British Columbia government of failing to report if its climate plans will…

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German energy giant RWE to end coal use by 2030

Tuesday, October 4, 2022, 6:18 AM MDT

German energy giant RWE said Tuesday that it will phase out the burning of coal by 2030, saving 280 million…

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Enbridge's Al Monaco to retire, board chair named next CEO

Tuesday, October 4, 2022, 6:16 AM MDT

Al Monaco, who led Enbridge Inc. through a tumultuous decade and helped to transform it into a diversified North American…

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Algonquin Power & Utilities selling stake in wind projects in U.S. and Canada

Monday, October 3, 2022, 7:41 AM MDT

Algonquin Power & Utilities Corp. says it has signed a deal to sell a stake in a portfolio of operating…

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Europe faces 'unprecedented risk' of gas shortage, IEA says

Monday, October 3, 2022, 6:25 AM MDT

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could wind up…

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West rejects Putin's claim it sabotaged Baltic gas pipelines

Monday, October 3, 2022, 6:22 AM MDT

Russian President Vladimir Putin on Friday accused the West of sabotaging Russia-built natural gas pipelines under the Baltic Sea to…

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Enbridge buys U.S. renewable power project developer Tri Global Energy

Thursday, September 29, 2022, 6:46 AM MDT

Enbridge Inc. says it has bought Tri Global Energy (TGE), a U.S. renewable power project developer, for US$270 million in…

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Oregon town hosts 1st wind solar battery 'hybrid' plant

Thursday, September 29, 2022, 6:19 AM MDT

A renewable energy plant in Oregon that combines solar power, wind power and massive batteries to store the energy generated…

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