Oil & Gas

B.C. subsidizes energy drilling on caribou habitat it promised to protect, study says

Friday, October 1, 2021, 6:20 AM MDT

British Columbia is subsidizing oil and gas well drilling on the same land it has promised to protect for caribou,…

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SNC Lavalin restructures as it targets growth, higher credit rating

Wednesday, September 29, 2021, 6:28 AM MDT

SNC-Lavalin Group Inc. says it is restructuring its business segments again as it looks to become cash-flow positive and return…

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Quebec's Caisse to sell remaining oil production investments, retain pipelines

Wednesday, September 29, 2021, 6:21 AM MDT

Canada's second-largest pension fund manager has announced a plan to divest its oil-producing assets in order to achieve a zero-emissions…

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B.C. government lays out $260 million, five-year plan to move away from fossil fuels

Wednesday, September 29, 2021, 6:09 AM MDT

BC Hydro and the provincial government have announced a new five-year plan for the Crown corporation that provides incentives for…

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OPEC sees oil demand growth to 2035 unchecked by climate fight

Tuesday, September 28, 2021, 6:58 AM MDT

OPEC sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another…

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PennEast Gas project halted in latest U.S. pipeline casualty

Tuesday, September 28, 2021, 6:48 AM MDT

A $1 billion project to haul natural gas from Pennsylvania to New Jersey has become the latest casualty of opposition…

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'It's going to be an expensive winter': Gas prices to push heating bills higher

Friday, September 24, 2021, 6:10 AM MDT

With North American natural gas prices soaring to heights not seen in years, Canadians can expect to pay significantly more…

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Global Energy Show ‘postponed’ amid rising COVID cases

Monday, September 20, 2021, 6:38 AM MDT

Days before the Global Energy Show was set to kick off in Calgary, organizers have postponed the event for a…

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Chevron CEO warns of high energy prices and supply crunches

Thursday, September 16, 2021, 6:53 AM MDT

The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge…

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Crescent Point raising quarterly dividend to three cents per share

Monday, September 13, 2021, 6:38 AM MDT

Crescent Point Energy Corp. is raising its quarterly dividend after what it says has been significant progress in improving its…

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Chevron polishes climate bona fides ahead of investor pitch

Friday, September 10, 2021, 6:50 AM MDT

Chevron Corporation has inked eight deals in little more than two weeks to invest in hydrogen, green jet fuel and…

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Suncor to increase stake in White Rose offshore oilfield subject to restart decision

Thursday, September 9, 2021, 6:44 AM MDT

Suncor Energy Inc. says it is looking to increase its ownership stake in the White Rose offshore oilfield to 40…

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