Oil & Gas
CAPP expects oil and gas investment to rise 22 per cent this year to $32.8 billion
Friday, January 21, 2022, 6:11 AM MST
Canada's largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a…
Canada to face challenge in remaining major oil power, IEA warns
Thursday, January 13, 2022, 6:28 AM MST
Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward…
Imperial to market Montney, Duvernay assets in central Alberta
Thursday, January 13, 2022, 6:07 AM MST
Imperial Oil Limited says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay…
CNRL boosts 2022 capex budget
Wednesday, January 12, 2022, 6:19 AM MST
Canadian Natural Resources Limited says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion…
Energy monitor blames Russia for European gas crisis
Wednesday, January 12, 2022, 6:14 AM MST
The head of the International Energy Agency blamed Russia for much of Europe's natural gas crisis, saying Wednesday that high prices and…
Kazakhstan’s biggest oil field adjusts output because of unrest
Friday, January 7, 2022, 7:10 AM MST
Kazakhstan’s biggest oil producer has altered output at the giant Tengiz oil field amid unrest and protests in the country.…
U.S. became world’s top LNG exporter, spurred by Europe crisis
Wednesday, January 5, 2022, 6:39 AM MST
The U.S. became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as…
European rights court takes up Norway Arctic drilling case
Tuesday, January 4, 2022, 6:20 AM MST
The European Court of Human Rights is asking Norway to respond to charges by activists that allowing new oil and…
Enbridge closes $1.14B deal with Trencap LP
Monday, January 3, 2022, 6:02 AM MST
Enbridge Inc. says the previously announced $1.14-billion deal to sell its stake in Noverco Inc. to a company controlled by…
Jet fuel joins oil recovery at last as air travel strengthens
Thursday, December 23, 2021, 6:58 AM MST
The last puzzle piece needed for a complete recovery in oil demand is falling into place with air travel consumption…
B.C. Mounties say they are monitoring protest against Coastal GasLink pipeline
Tuesday, December 21, 2021, 6:03 AM MST
The RCMP say they are investigating allegations that protesters threatened security officials, set off flares and damaged vehicles at a…
Europe is desperate for LNG while Asia has more than it needs
Monday, December 20, 2021, 6:44 AM MST
Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that…
