Oil & Gas

Europe gas rises as Russian supply via key route stays in focus

Friday, July 22, 2022, 6:40 AM MDT

European natural gas prices rose as Russian supply through a major pipeline remained at the center of traders’ attention despite…

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Ottawa earmarks funds for N.S. green energy, but ponders fossil fuel supports too

Thursday, July 21, 2022, 11:54 AM MDT

Prime Minister Justin Trudeau is promising green energy funds for Nova Scotia, while also saying the idea of upgraded facilities…

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Biden set to leave Saudi Arabia with no announcement on oil

Friday, July 15, 2022, 6:49 AM MDT

President Joe Biden will leave the Middle East this week with no announcements on increasing oil supply before a scheduled…

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Big Oil is poised to report blockbuster refining earnings

Friday, July 15, 2022, 6:36 AM MDT

More evidence has emerged that Big Oil’s second-quarter will be dominated by blockbuster refining profits. Shell Plc already flagged last…

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UAE will keep using Abu Dhabi’s oil to draw global investors

Thursday, July 14, 2022, 6:57 AM MDT

The United Arab Emirates aims to continue using its hydrocarbon wealth to attract international investors as the Persian Gulf state…

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Biden is confident of progress with Gulf oil producers in visit

Wednesday, July 13, 2022, 6:35 AM MDT

President Joe Biden is confident he will make progress with Saudi and other Gulf leaders on guaranteeing a “sustainable” level…

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New Brunswick Mi'kmaq chiefs join court challenge to N.L.'s Bay du Nord oil project

Wednesday, July 13, 2022, 6:17 AM MDT

An organization representing eight Mi'kmaq groups in New Brunswick is joining a court challenge to the federal government's approval of…

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Worst of global energy crisis may still be ahead, IEA says

Tuesday, July 12, 2022, 6:55 AM MDT

A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse,…

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OPEC’s first 2023 outlook shows no relief for oil market squeeze

Tuesday, July 12, 2022, 6:51 AM MDT

OPEC’s first oil-market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even…

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Germany’s Habeck urges Canada to help thwart Putin on gas

Thursday, July 7, 2022, 6:47 AM MDT

Germany’s vice chancellor made a public plea to the Canadian government to release a turbine that’s caught up in sanctions…

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The world needs to spend $110 billion a year to curb methane

Thursday, July 7, 2022, 6:43 AM MDT

The world needs to dramatically ramp up spending tenfold to $110 billion a year to curb methane releases and avoid the worst of climate…

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Tidewater pleads guilty to 2019 acidic water release

Thursday, July 7, 2022, 6:12 AM MDT

Tidewater Midstream and Infrastructure Ltd. has pleaded guilty to a charge related to the company's release of acidic water in…

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