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,…
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…
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…
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…
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…
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…
'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…
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…
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…
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…
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…
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…
