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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
