U.S. & International

Canadian, German leaders defend decision to return gas turbine to Russian company

Tuesday, August 23, 2022, 7:03 AM MDT

Prime Minister Justin Trudeau is defending his government’s decision to allow the return of turbines to Russian state-owned energy giant…

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German power prices smash record as energy panic engulfs Europe

Tuesday, August 23, 2022, 6:44 AM MDT

European gas and power prices surged as panic over Russian supplies gripped markets and politicians warned citizens to brace for…

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Shell weighs Australia wind expansion amid clean energy push

Monday, August 22, 2022, 6:52 AM MDT

European oil major Shell plc is looking at expanding its wind-power business in Australia as it eyes options offshore and…

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Buffett’s Berkshire Hathaway seeks to buy as much as 50% of Occidental

Monday, August 22, 2022, 6:50 AM MDT

Warren Buffett’s Berkshire Hathaway Inc. won approval from U.S. regulators to buy as much as 50 per cent of Occidental…

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Russia’s Gazprom to shut gas pipeline to Europe for 3 days

Monday, August 22, 2022, 6:39 AM MDT

A key pipeline conveying Russian natural gas to Europe will shut down for three days at the end of this…

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Ukraine calls on Canada to shelve turbine exemption as German chancellor to visit

Monday, August 22, 2022, 6:34 AM MDT

Prime Minister Justin Trudeau is facing renewed calls from Ukraine to cancel a permit allowing turbines repaired in Montreal to…

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Europe’s carbon price hits new record as coal drives emissions

Friday, August 19, 2022, 7:02 AM MDT

Europe’s carbon price jumped to a record as the region’s energy crisis is driving up demand for some of the…

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Judge sides with Enbridge Inc. in Michigan's latest effort to halt Line 5 pipeline

Thursday, August 18, 2022, 3:05 PM MDT

The international dispute over Line 5 belongs in federal court, a Michigan judge declared Thursday, dealing a critical blow to…

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Ruling clears Biden's 2021 pause on new oil, gas leases

Thursday, August 18, 2022, 6:36 AM MDT

A judge's order that forced the Biden administration to resume sales of oil and gas leases on federal land and waters was vacated Wednesday…

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OPEC chief sees high risk of oil squeeze amid bullish demand

Wednesday, August 17, 2022, 7:22 AM MDT

Global oil markets face a high risk of a supply squeeze this year as demand remains resilient and spare production…

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Uniper suffers 12 billion-euro hit in energy shock

Wednesday, August 17, 2022, 6:55 AM MDT

Uniper SE reported a loss of more than 12 billion euros ($12.2 billion), ranking among the biggest in German corporate…

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US weighs plan to revive Iran nuclear deal

Wednesday, August 17, 2022, 6:38 AM MDT

The Biden administration is weighing Iran’s response to a European Union proposal aimed at reviving the 2015 international nuclear agreement,…

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