U.S. & International

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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Biden cancels offshore oil lease sales in Gulf Coast, Alaska

Friday, May 13, 2022, 6:19 AM MDT

The Biden administration is cancelling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of…

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Alberta Premier Kenney heading to U.S. to talk oil, energy security with lawmakers

Friday, May 13, 2022, 6:07 AM MDT

Alberta Premier Jason Kenney will head to Washington D.C. next week to speak to lawmakers about the importance of getting…

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White House, senators have 'sympathy' for Canada's position on Line 5, says Wilkinson

Thursday, May 12, 2022, 2:10 PM MDT

White House officials, Capitol Hill lawmakers and the U.S. secretary of energy have all expressed “significant sympathy” for the plight…

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ConocoPhillips investors reject plan for stricter climate goals

Thursday, May 12, 2022, 6:45 AM MDT

ConocoPhillips shareholders rejected a proposal for the oil explorer to set more rigorous targets for greenhouse-gas emissions.  More than 60…

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Hydro Quebec in U.S. court to save US$1B Maine power line after failed referendum

Wednesday, May 11, 2022, 6:12 AM MDT

The fate of Hydro Quebec’s US$1-billion interconnection line went before Maine's Supreme Court on Tuesday, which will have to decide…

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Shell will sell Russia fuel stations as part of exit plan

Monday, May 9, 2022, 6:35 AM MDT

Shell plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response…

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G-7 leaders commit to banning imports of oil from Russia

Monday, May 9, 2022, 6:23 AM MDT

Leaders of the Group of Seven most industrialized countries pledged to ban the import of Russian oil in response to…

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Russia to use Nord Stream 2 at home as Europe shuns its gas

Friday, May 6, 2022, 6:58 AM MDT

Gazprom PJSC will use part of its Nord Stream 2 gas pipeline infrastructure to serve clients at home after the…

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EU revises Russia oil ban plan to give Hungary more time

Friday, May 6, 2022, 6:54 AM MDT

The European Union has proposed a revision to its Russia oil sanctions ban that would grant Hungary and Slovakia an…

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Canada’s trade minister, U.S. ambassador vow closer trade ties, despite differences

Friday, May 6, 2022, 6:20 AM MDT

In the grand scheme of a volatile and unpredictable world, the Canada-U.S. trade relationship is healthy and only growing stronger,…

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OPEC+ opens oil taps gradually as Russian war roils markets

Thursday, May 5, 2022, 6:25 AM MDT

OPEC and allied oil-producing countries decided Thursday to stick to a modest increase in production, even as Europe's proposed phaseout of…

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