U.S. & International

Biden calls for 'transition' from oil, GOP sees opening

Friday, October 23, 2020, 6:27 AM MDT

Democrat Joe Biden's remark that he would “transition'' away from oil in the U.S. in favour of renewable energy drew…

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French utility delays decision on buying $7 billion of U.S. LNG

Thursday, October 22, 2020, 6:54 AM MDT

One of France’s biggest energy companies has delayed a decision on a $7 billion deal to import liquefied natural gas…

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Exxon CEO plans layoffs, underscores faith in fossil fuels

Thursday, October 22, 2020, 6:22 AM MDT

Exxon Mobil Corporation plans to lay off an unspecified number of employees as low oil prices force the company to…

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Shale oil M&A accelerates with Pioneer strike to buy out Parsley

Wednesday, October 21, 2020, 6:48 AM MDT

The series of mergers reshaping the beleaguered U.S. shale oil industry accelerated Tuesday when Pioneer Natural Resources Co. agreed to…

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Suncor studies sale of North Sea oil and gas fields

Wednesday, October 21, 2020, 6:40 AM MDT

Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according…

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Biden won’t ban fracking, but his clean grid would choke gas

Monday, October 19, 2020, 6:33 AM MDT

During a town hall meeting Thursday, Democratic presidential nominee Joe Biden again assured shale producers that he wouldn’t ban fracking…

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Ancient stone patterns add new wrinkle to pipeline debate

Friday, October 16, 2020, 6:35 AM MDT

Images from an underwater vehicle seem to reveal stone patterns on the bottom of the Straits of Mackinac in northern…

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Alberta premier says he's still hopeful about Keystone, even if Biden elected

Friday, October 16, 2020, 6:28 AM MDT

Alberta Premier Jason Kenney says he is still hopeful about the future of the Keystone XL pipeline, even if the…

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ConocoPhillips in talks to buy Concho Resources in big shale bet

Wednesday, October 14, 2020, 6:50 AM MDT

ConocoPhillips is in talks to acquire rival Concho Resources Inc., according to people familiar with the matter, as one of…

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Israel’s OPC to invest $200 million in U.S. solar projects

Wednesday, October 14, 2020, 6:31 AM MDT

Israel’s OPC Energy Ltd. will invest nearly $200 million in the “rapid growth” of a recently-acquired renewable energy business in…

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Oil site leaked gases uncontrollably for months, group says

Friday, October 9, 2020, 6:31 AM MDT

An oil well site in the Permian Basin owned by a bankrupt shale producer has spewed polluting gases into the…

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Commodity trader makes rare call for more green regulations

Friday, October 9, 2020, 6:26 AM MDT

The top oil executive at one of the world’s biggest commodity traders is calling for stricter regulations to force the…

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