Oil & Gas

Motion to stop fossil fuel companies from advertising with City of Regina withdrawn

Thursday, January 28, 2021, 6:08 AM MST

A motion that called on Regina to restrict fossil fuel companies from advertising or sponsoring with the city has been…

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Pipelines pledge emissions curbs as Biden targets fossil fuels

Wednesday, January 27, 2021, 7:20 AM MST

America’s major natural gas pipeline owners committed to paring their carbon footprint and making their own operations emissions-free by 2050.…

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Obsidian Energy extends hostile takeover offer for Bonterra Energy to March 29

Monday, January 25, 2021, 6:19 AM MST

Obsidian Energy Ltd. is extending its hostile takeover offer for Bonterra Energy Corp. until March 29. The offer was set…

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Solar and hydrogen to flourish in 2021 as green spending grows

Friday, January 22, 2021, 7:10 AM MST

The race to decarbonize the world is on, and 2021 is set to break fresh records for investment and installations…

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Baker Hughes sees more LNG projects getting go-ahead in 2021

Friday, January 22, 2021, 7:02 AM MST

Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision…

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Irving Oil lays off 60 workers from Saint John refinery, citing collapse in demand

Friday, January 22, 2021, 6:16 AM MST

Irving Oil has laid off 60 workers from its Saint John refinery, saying the pandemic has had an “extreme and…

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New Brunswick premier dismisses call for resignation of natural resources minister

Thursday, January 21, 2021, 6:26 AM MST

New Brunswick Green Leader David Coon is calling on Natural Resources Minister Mike Holland to resign from cabinet because of…

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Oil producers face a long haul back to business as usual

Wednesday, January 20, 2021, 6:39 AM MST

This is no time for the world’s oil producers to start adding supplies to the global market if they want…

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Brent oil climbs above $56 with dollar swings dominating market

Wednesday, January 20, 2021, 6:26 AM MST

Brent oil extended gains above $56 a barrel, rising with other assets on hopes of more U.S. economic stimulus and…

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Natural gas terminal plans in Oregon hit snag over permit

Wednesday, January 20, 2021, 6:09 AM MST

Plans for a major West Coast liquified natural gas pipeline and export terminal hit a snag Tuesday with federal regulators…

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Canada looks to strengthen LNG credentials in 2021 with additional FIDs

Tuesday, January 19, 2021, 7:16 AM MST

Global demand for cleaner-burning natural gas has created a once-in-a-generation opportunity for Canada to develop an LNG industry. While that…

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IEA cuts oil demand forecast as new lockdowns temper recovery

Tuesday, January 19, 2021, 6:48 AM MST

The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected…

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