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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
