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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…