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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…