U.S. & International

Ontario First Nations group backs Line 5 shutdown, slams Ottawa for fighting back

Friday, May 7, 2021, 6:35 AM MDT

The federal Liberal government is putting Canada's oil and gas industry ahead of the Great Lakes by opposing Michigan's efforts…

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Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity

Friday, May 7, 2021, 6:14 AM MDT

The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with…

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Line 3 and Line 5 pipelines in U.S. 'absolutely critical,' says Enbridge CEO

Thursday, May 6, 2021, 6:09 AM MDT

The CEO of Enbridge Inc. says the company's Line 3 and Line 5 pipelines in the United States are “absolutely…

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Shell sells U.S. refinery for $350 million in latest divestment

Wednesday, May 5, 2021, 7:03 AM MDT

Royal Dutch Shell plc reached an agreement to sell its Puget Sound Refinery to HollyFrontier Corp. for $350 million in the latest…

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Conoco to sell Cenovus stake and cut debt

Tuesday, May 4, 2021, 6:34 AM MDT

ConocoPhillips ended a string of three consecutive losses by posting a profit in the first quarter as rising oil and…

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Saudi oil firm Aramco's first quarter profits up by 30%

Tuesday, May 4, 2021, 6:17 AM MDT

Saudi Aramco said Tuesday its profits soared by 30 per cent in the first-quarter of the year, compared to last…

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Oil demand in India drops as wave of virus convulses nation

Monday, May 3, 2021, 6:42 AM MDT

India’s COVID-19 crisis has pummeled demand for transport fuels to the lowest in several months, highlighting the risks for energy…

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Exxon, Chevron preach prudence even as cash waterfall returns

Monday, May 3, 2021, 6:26 AM MDT

Exxon Mobil Corp. and Chevron Corp. added momentum to a nascent recovery in the U.S. oil industry as they reported…

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Tanker spills oil into sea off China’s key refining port

Tuesday, April 27, 2021, 6:56 AM MDT

A Liberia-flagged tanker has spilled oil into the Yellow Sea, causing potential environmental damage and disruption off China’s largest crude-receiving…

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AltaGas sells non core U.S. natural gas transport and storage assets for $344 million

Tuesday, April 27, 2021, 6:21 AM MDT

Shares in AltaGas Ltd. are on the rise after it announced it has sold its U.S. transportation and storage business…

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Kansas City Southern begins talks with CN Rail

Monday, April 26, 2021, 7:19 AM MDT

Kansas City Southern said a proposal by Canadian National Railway Company may lead to better terms than an offer by…

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Biden exploring border adjustment tax to fight climate change

Monday, April 26, 2021, 6:51 AM MDT

President Joe Biden is exploring the idea of a border adjustment tax that would slap a levy on imports from…

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