Oil & Gas


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…

Read Article


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…

Read Article


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.…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


Fracking billionaire Hamm gives $50 million to start energy institute

Thursday, December 16, 2021, 6:43 AM MST

Billionaire oil wildcatter Harold Hamm is donating $50 million for a new research center at Oklahoma State University focused on “securing America’s…

Read Article


Parkland refinery ramps up processing following restart of Trans Mountain pipeline

Thursday, December 16, 2021, 6:06 AM MST

Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline.…

Read Article


Saudi oil minister says global production could plunge 30% this decade

Tuesday, December 14, 2021, 6:23 AM MST

Saudi Arabia said global oil production could drop 30 per cent by the end of the decade due to falling investment…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.