Oil & Gas

Canada's environment minister does not jump to take up UN call for windfall taxes

Friday, September 23, 2022, 6:20 AM MDT

Environment Minister Steven Guilbeault isn't warming to the idea of combating climate change by imposing a windfall tax on the…

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AIMCo CEO rejects fossil fuel divestment as investment strategy

Thursday, September 22, 2022, 6:20 AM MDT

The CEO of Alberta Investment Management Corp. (AIMCo) says divesting from fossil fuels is the opposite of what pension funds…

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Fossil fuel sector needs investment to reduce emissions: RBC exec

Wednesday, September 21, 2022, 6:12 AM MDT

Even as a growing number of activists urge financial institutions to take action against climate change by reducing funding to…

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Buffett’s Berkshire holds 20% stake in Occidental

Monday, September 12, 2022, 7 AM MDT

Warren Buffett’s Berkshire Hathaway Inc., which got the go-ahead last month from U.S. regulators to buy as much as half…

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Energy crisis pushes Germany to lock in LNG for decades

Monday, September 12, 2022, 6:50 AM MDT

Germany’s energy crunch is forcing it to sign fossil-fuel contracts that last decades as the country balances keeping the lights…

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Tamarack Valley to acquire Deltastream

Monday, September 12, 2022, 6:18 AM MDT

Tamarack Valley Energy Ltd. has entered into a definitive agreement to acquire Deltastream Energy Corporation, a privately held pure-play Clearwater…

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Biden team weighs new oil release among steps to rein in prices

Friday, September 9, 2022, 6:47 AM MDT

Officials within President Joe Biden’s administration are hunting for ways to head off a feared spike in oil prices later…

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Natural gas buyers hoarding fuel at sea to prepare for winter

Thursday, September 8, 2022, 6:46 AM MDT

Energy traders and power utilities are storing more liquefied natural gas at sea, an unusual move to hoard supply for…

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The value proposition for investing in voluntary emissions reductions

Tuesday, September 6, 2022, 6 AM MDT

This is the third in a series of five articles on the 2022 Voluntary Initiatives Report by Highwood Emissions Management.…

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G-7 to discuss cap on Price of Russian oil in bid to ease prices

Thursday, September 1, 2022, 7:15 AM MDT

Group of Seven finance ministers will hold talks this week on allowing global purchases of Russian oil at a capped…

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OPEC-watchers expect steady output as oil outlook tightens

Thursday, September 1, 2022, 6:45 AM MDT

OPEC+ is expected to keep output steady when it meets next week, anticipating that oil markets will recover from a…

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Imperial, Exxon completes $1.9B sale of XTO Energy Canada

Thursday, September 1, 2022, 6:16 AM MDT

Imperial Oil Ltd. says it and ExxonMobil Canada have closed the $1.9-billion sale of their oil and gas-producing assets in…

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