Oil & Gas
U.N. report on climate change ‘sobering,’ says Environment Minister Steven Guilbeault
Tuesday, April 5, 2022, 6:24 AM MDT
Minister Steven Guilbeault says a new report from the United Nations' climate agency shows the oil and gas sector “cannot…
Suncor getting out of wind and solar; will shift focus to hydrogen and renewable fuel
Tuesday, April 5, 2022, 6:16 AM MDT
Suncor Energy says it is getting rid of its wind and solar assets. In a news release Monday, the Calgary-based…
Cenovus joins oil drillers ditching hedges as prices surge
Monday, April 4, 2022, 7:05 AM MDT
Cenovus Energy Inc. became the latest driller to abandon the practice of securing protection against a sudden drop in crude…
Alberta premier calls Ottawa's greenhouse gas targets 'nuts'; pledges to fight them
Monday, April 4, 2022, 6:22 AM MDT
Alberta Premier Jason Kenney is calling Ottawa's federal emissions plan that was tabled in the House of Commons last week…
Biden planning to tap oil reserve to control gas prices
Thursday, March 31, 2022, 6:17 AM MDT
President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from…
Emissions plan leaves oilpatch with uncertainty; cap on sector still in development
Wednesday, March 30, 2022, 6:12 AM MDT
Canada's oil and gas industry remains in the dark about exactly how much it will be required to reduce its…
Oil and gas sector emissions need to be cut two fifths by 2030, new climate plan says
Tuesday, March 29, 2022, 1:07 PM MDT
Prime Minister Justin Trudeau told the Canadian oil industry Tuesday that it should use the massive bump in profits from…
LNG project in N.L. could be sped up to supply Europe
Tuesday, March 29, 2022, 6:42 AM MDT
The company behind a proposed liquefied natural gas project off Newfoundland’s coast could push forward its schedule after the Ukraine…
B.C. drivers getting one time rebate to help with rising fuel prices
Monday, March 28, 2022, 6:50 AM MDT
British Columbia’s public auto insurer is giving a one-time rebate to help drivers cope with the cost of rising fuel…
Germany to wean itself off Russian oil, gas in next 2 years
Friday, March 25, 2022, 7:20 AM MDT
Germany plans to stop almost all Russian oil imports this year and broadly wean itself off the country’s gas by…
US, EU announce new partnership to undercut Russian energy
Friday, March 25, 2022, 6:29 AM MDT
The United States and European Union on Friday announced a new partnership to reduce the continent's reliance on Russian energy,…
Federal NDP says N.L. offshore oil project hard to justify; energy minister unfazed
Friday, March 25, 2022, 6:24 AM MDT
As Newfoundland and Labrador’s oil sector faces more hesitancy from Ottawa, the province's energy minister says he’s unfazed by the…
