U.S. & International

China in talks with Russia to buy oil for strategic reserves

Thursday, May 19, 2022, 6:22 AM MDT

China is seeking to replenish its strategic crude stockpiles with cheap Russian oil, a sign Beijing is strengthening its energy…

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US to ease sanctions on Venezuela, enabling cargoes to Europe

Wednesday, May 18, 2022, 6:32 AM MDT

The Biden administration plans to ease sanctions on Venezuelan oil in a bid to bring more of the country’s crude…

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UN floats plan to boost renewables as climate worries mount

Wednesday, May 18, 2022, 6:20 AM MDT

The United Nations chief on Wednesday launched a five-point plan to jump-start broader use of renewable energies, hoping to revive…

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EU rushes out $300 billion roadmap to ditch Russian energy

Wednesday, May 18, 2022, 6:13 AM MDT

The European Union’s executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the…

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Alberta premier urges U.S. senators to convince Michigan to stop Line 5 shutdown

Wednesday, May 18, 2022, 6:08 AM MDT

Alberta Premier Jason Kenney found mostly allies Tuesday as he brought his pro-pipeline pulpit to Capitol Hill, urging a largely…

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Canada can boost oil output by 900,000 barrels a day, Kenney says

Tuesday, May 17, 2022, 2:41 PM MDT

Canada’s oil production could increase by 900,000 barrels a day to make up for supply losses from Russia’s war in…

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Shell joins Exxon with $1 billion Brazil exploration setback

Tuesday, May 17, 2022, 6:30 AM MDT

Expensive offshore exploration setbacks for international oil majors including Shell plc and Exxon Mobil Corp. are throwing cold water on…

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EU green tech needs cash on fossil-fuel scale, Gates group says

Tuesday, May 17, 2022, 6:23 AM MDT

The European Union needs to invest 800 billion euros ($834 billion) in four key green technologies this decade if it…

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Alberta premier visits U.S. capital to talk North American energy security

Monday, May 16, 2022, 2:03 PM MDT

Alberta Premier Jason Kenney is in Washington in an effort to convince Capitol Hill lawmakers that his province is their…

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Germany to stop Russian oil imports regardless of EU sanctions

Monday, May 16, 2022, 6:46 AM MDT

Germany plans to stop importing Russian oil by the end of the year even if the European Union fails to…

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$230M settlement reached over 2015 California oil spill

Monday, May 16, 2022, 6:21 AM MDT

The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay…

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Saudi oil giant Aramco's first quarter profits surge 80%

Monday, May 16, 2022, 6:19 AM MDT

Oil giant Saudi Aramco said Sunday its profits soared more than 80 per cent in the first three months of the…

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