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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
$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…
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…
