Oil & Gas

Energy transition still means billions in fossil-fuel investment

Wednesday, April 20, 2022, 6:35 AM MDT

The energy crisis triggered by Russia’s invasion of Ukraine is increasing the world’s motivation to shift to low carbon energy,…

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LNG terminal company Excelerate rises after $384 million IPO

Thursday, April 14, 2022, 7:16 AM MDT

LNG terminal company Excelerate Energy Inc. rose 12 per cent in its trading debut after raising $384 million in the…

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LNG projects may get funding boost from U.S. export bank plan

Thursday, April 14, 2022, 7:05 AM MDT

A new plan by the U.S. Export-Import Bank could yield a flood of financing for U.S. energy ventures, including wind…

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Oil outlooks splinter on impact of Russia’s invasion of Ukraine

Thursday, April 14, 2022, 6:38 AM MDT

Forecasters are divided over the impact that Russia’s attack on Ukraine will have on oil markets. They all see weaker demand growth than…

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LNG Canada joint venture names new chief executive

Thursday, April 14, 2022, 6:12 AM MDT

The joint-venture building a major liquefied natural gas terminal at Kitimat, B.C. has named Jason Klein as its new chief…

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Quebec LNG backers seek EU boost to revive rejected project

Monday, April 11, 2022, 6:15 AM MDT

Promoters of a stalled project to build a C$9 billion ($7.2 billion) terminal to export liquefied natural gas from Quebec…

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Federal environment minister approves Bay du Nord oil project off Newfoundland

Thursday, April 7, 2022, 6:14 AM MDT

Federal Environment Minister Steven Guilbeault has approved a new oil project off the coast of Newfoundland with what Ottawa is…

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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…

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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…

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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…

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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…

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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…

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