Oil & Gas
Shell says it will stop buying Russian oil, natural gas
Tuesday, March 8, 2022, 6:18 AM MST
Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and…
Vermilion Energy reports $344.6M Q4 profit, announces quarterly dividend
Monday, March 7, 2022, 6:20 AM MST
Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier,…
Alberta premier says province drafting relief plan to address soaring gas pump prices
Monday, March 7, 2022, 6:18 AM MST
Alberta Premier Jason Kenney says his government is working to provide financial relief to consumers being hammered by high gas…
MEG chief executive sees ‘tremendous demand’ for Alberta oil
Monday, March 7, 2022, 6:14 AM MST
The chief executive of MEG Energy Corp. sees “tremendous demand” for Alberta oil due to the war in Ukraine and…
Groups want educational materials from fossil fuel companies out of B.C. classrooms
Friday, March 4, 2022, 6:23 AM MST
The Canadian Association of Physicians for the Environment wants to stop fossil fuel companies from providing educational materials to public…
Tourmaline Oil earns nearly half of record $2B of 2021 profit in fourth quarter
Friday, March 4, 2022, 6:09 AM MST
Tourmaline Oil Corp. says it earned nearly half of its $2 billion net profit last year in the final quarter…
Great Russian exodus tees up tricky deals as firms cut ties
Thursday, March 3, 2022, 7:07 AM MST
The energy sector is leading a corporate pullback from Russia after the country’s invasion of Ukraine. Getting out won’t be…
Energy security issues come to forefront for oil and gas sector amid war in Ukraine
Thursday, March 3, 2022, 6:40 AM MST
The war in Ukraine is being used as a case study by those on either side of the debate over…
Chevron doubles buyback as spending cap helps lift cash flow
Wednesday, March 2, 2022, 6:45 AM MST
Chevron Corp. doubled its share buyback to as much as $10 billion a year, pledging that shareholders will see the…
BP shares drop as investors weigh cost of exit from Russia
Monday, February 28, 2022, 7:15 AM MST
BP plc’s shares fell about five per cent as investors weighed the cost of its decision to exit Russia against…
OPEC+ seen sticking to plan despite price shock from Ukraine war
Monday, February 28, 2022, 6:33 AM MST
OPEC+ will probably stick to its plan of only gradually increasing oil production when it meets this week, according to…
Chevron targets 5 U.S. well sites in project to curb emissions
Friday, February 25, 2022, 7:18 AM MST
Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado…
