Oil & Gas

Award-winning Alberta manufacturer receives prestigious Green Seal Certification for its GHG reductions

Monday, June 20, 2022, 6 AM MDT

After winning three innovation awards in 2021 for its leadership in Clean Technology & Smart Connected Equipment, Edmonton-based Thermal Intelligence…

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Norway strikes deal with Centrica to supply extra gas to UK

Thursday, June 16, 2022, 6:56 AM MDT

Britain will get more natural gas from key exporter Norway over the coming winters, easing pressure on a market that’s…

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TotalEnergies wins stake in $29 billion Qatar gas project

Monday, June 13, 2022, 7:25 AM MDT

(Bloomberg) — TotalEnergies SE became the first foreign company to win a stake in a multibillion-dollar project to boost Qatar’s…

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Oil extends losses near $119 as global market selloff deepens

Monday, June 13, 2022, 6:30 AM MDT

(Bloomberg) — Oil extended losses for a third session as investors weighed the prospect of further monetary tightening to combat…

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India, China growing markets for shunned Russian oil

Monday, June 13, 2022, 6:23 AM MDT

(The Canadian Press) — India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong…

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U.K. style 'windfall tax' an unacceptable idea: Alberta energy minister

Thursday, June 9, 2022, 6:18 AM MDT

As governments around the world grapple with how best to assist citizens with the rising cost of living, Alberta's energy…

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Gas exporters see growing support for East Coast plant in Canada

Wednesday, June 8, 2022, 7:02 AM MDT

Canada’s natural gas companies say there’s growing domestic support for new energy infrastructure to facilitate exports to Europe, even as…

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Oil prices are ‘nowhere near’ peak yet, says OPEC member UAE

Wednesday, June 8, 2022, 6:48 AM MDT

Oil prices are “nowhere near” their peak as an impending rebound in Chinese demand threatens to strain a global market…

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Cenovus CEO says future of energy is 'diversification', not 'transition'

Tuesday, June 7, 2022, 4:40 PM MDT

The clash between the world's thirst for energy and the need to reduce emissions to mitigate climate change is the…

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Vermilion Energy Inc. completes purchase of Leucrotta Exploration

Wednesday, June 1, 2022, 6:06 AM MDT

Calgary-based Vermilion said in March that it would acquire the junior energy company in a deal worth $477 million. Leucrotta…

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Cenovus to restart work on stalled offshore oil project in Newfoundland

Tuesday, May 31, 2022, 6:06 AM MDT

Cenovus Energy Inc. announced Tuesday it will restart work on the West White Rose oil project in Newfoundland, ending nearly…

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Analysts say natural gas could go even higher after breaking 14 year record

Monday, May 30, 2022, 6:52 AM MDT

The rising price of oil may grab most of the headlines, but another commodity – natural gas – is on…

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