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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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