Environment
Big freeze in Texas is becoming a global oil market crisis
Thursday, February 18, 2021, 6:34 AM MST
What began as a power issue for a handful of U.S. states is rippling into a shock for the world’s…
U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects
Thursday, February 18, 2021, 5:59 AM MST
Canadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and…
U.S. oil output slumps by record one-third as Permian freezes
Wednesday, February 17, 2021, 6:41 AM MST
Total U.S. oil production has plunged by one-third – the most ever – as an unprecedented cold blast freezes well…
U.S. oil majors downgraded by S&P on climate risk, earnings
Friday, February 12, 2021, 6:39 AM MST
Exxon Mobil Corp., Chevron Corp. and ConocoPhillips had their credit ratings lowered after S&P Global Ratings followed through on its…
Permian kept spewing methane despite drilling slowdown, EDF says
Thursday, February 11, 2021, 6:41 AM MST
A sharp drilling slowdown in the Permian Basin last year failed to improve the shale play’s record on methane emissions,…
Shell’s falling oil output ends century-long business model
Thursday, February 11, 2021, 6:26 AM MST
Royal Dutch Shell plc said its carbon emissions and oil production have peaked and will decline in the coming years…
First Nation lauds plan to protect traditional land use in oilsands management plan
Wednesday, February 10, 2021, 6:33 AM MST
The Alberta government says it has completed a plan to manage oilsands development in an area near the Fort McKay…
Defence of Alberta oil or attempt to silence dissent? Judge to hear inquiry challenge
Wednesday, February 10, 2021, 6:12 AM MST
A judge is to hear arguments this week over whether Alberta's public inquiry into the purported foreign funding of environmental…
BP swaps high returns for a cleaner future with unproven profits
Tuesday, February 9, 2021, 6:49 AM MST
One week and two deals later, BP plc has cemented the view that for an oil and gas company to…
UN chief: Polluters must join 'net zero' club for climate
Tuesday, February 9, 2021, 6:24 AM MST
Polluters must step up their commitments to cutting greenhouse gas emissions ahead of a crucial climate summit in November, U.N. Secretary-General Antonio…
ESG an opportunity for industry associations to lead
Monday, February 8, 2021, 6 AM MST
Oil and gas industry associations are well placed to take a leadership role in helping their members integrate environmental, social…
UN chief reappoints billionaire Bloomberg as climate envoy
Friday, February 5, 2021, 6:14 AM MST
The United Nations says American billionaire Michael Bloomberg has been reappointed as a special envoy to engage governments and businesses…
