Oil & Gas
Worst of global energy crisis may still be ahead, IEA says
Tuesday, July 12, 2022, 6:55 AM MDT
A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse,…
OPEC’s first 2023 outlook shows no relief for oil market squeeze
Tuesday, July 12, 2022, 6:51 AM MDT
OPEC’s first oil-market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even…
Germany’s Habeck urges Canada to help thwart Putin on gas
Thursday, July 7, 2022, 6:47 AM MDT
Germany’s vice chancellor made a public plea to the Canadian government to release a turbine that’s caught up in sanctions…
The world needs to spend $110 billion a year to curb methane
Thursday, July 7, 2022, 6:43 AM MDT
The world needs to dramatically ramp up spending tenfold to $110 billion a year to curb methane releases and avoid the worst of climate…
Tidewater pleads guilty to 2019 acidic water release
Thursday, July 7, 2022, 6:12 AM MDT
Tidewater Midstream and Infrastructure Ltd. has pleaded guilty to a charge related to the company's release of acidic water in…
FortisBC, Suncor to partner on Port Moody hydrogen pilot project
Monday, July 4, 2022, 2:17 PM MDT
FortisBC Energy Inc. says it will partner with Suncor Energy Inc. and Hazer Group Ltd. to build a hydrogen pilot…
Shell chief paints bleak picture on global energy supply
Thursday, June 30, 2022, 6:51 AM MDT
The world is heading for a “turbulent period” as tightening supplies of liquefied natural gas and oil exacerbate a global…
Higgs says New Brunswick LNG facility could help Europe cut energy ties with Russia
Thursday, June 30, 2022, 6:16 AM MDT
New Brunswick’s premier says a liquefied natural gas facility in Saint John could be modified to reverse the flow and…
Atlantic premiers say decision needed soon from Ottawa on regional energy loop
Thursday, June 30, 2022, 6:13 AM MDT
Atlantic Canada's premiers are looking for a decision soon from Ottawa on a proposed Atlantic Loop energy corridor, noting Wednesday…
Imperial, ExxonMobil Canada selling Alberta assets to Whitecap for $1.9 billion
Wednesday, June 29, 2022, 6:08 AM MDT
Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil…
Germany enlists Canada to speed transition away from Russian gas
Monday, June 27, 2022, 6:52 AM MDT
German Chancellor Olaf Scholz used a meeting with Canadian Prime Minister Justin Trudeau to push for closer energy ties as…
G-7 set to agree on exploring a price cap on Russian oil
Monday, June 27, 2022, 6:31 AM MDT
Group of Seven nations are on course to announce efforts to pursue a price cap on Russian oil, US officials…