Oil and gas companies have asked the Canadian government to design a tax credit to pay for 75% of the cost to build carbon capture facilities that will curb greenhouse Continue Reading
Canada on Monday formally invoked a 1977 treaty with the United States to request bilateral negotiations over Enbridge Inc’s (ENB.TO) Line 5, escalating a long-running dispute over one of Canada’s Continue Reading
Syncrude Canada Ltd. , a light crude producer majority-owned by Suncor Energy Inc. , cut September supplies due to a mechanical disruption at its oil sands site, according to a Continue Reading
Prime Minister Justin Trudeau’s narrow election victory this week reinforced Canada’s commitment to reach net-zero greenhouse gas emissions by 2050, but workers in the country’s sizable fossil fuel sector said Continue Reading
We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. Canada’s oil heartland of Alberta Continue Reading
Enbridge Inc. is getting ready to ship crude from the oil sands in the first new cross-border oil-sands conduit built between Canada and the U.S. in years. (Bloomberg) — Enbridge Continue Reading
Canada, the world’s biggest canola grower and a major wheat producer, forecasts a 26% drop in supplies of its main crops as drought ravages output and inventories shrink. Grain and Continue Reading
Imperial is moving forward with plans to construct a major renewable diesel complex at its Strathcona refinery near Edmonton, Alberta—the largest refinery in western Canada. This new complex is expected Continue Reading
Multiple Canadian companies, including the country’s most prolific natural gas producer, plan on growing volumes and capital spending in the quarters ahead, in stark contrast to major US oil and Continue Reading
Canada’s oil sands producers may find welcome relief to years of pipeline capacity constraints when the first new pipeline in years could enter into service as early as next month. Continue Reading
A key pipeline linking Canada’s oil sands to U.S. markets could start shipping crude as early as next month. Enbridge Inc.’s Line 3 oil pipeline from Alberta to Wisconsin could Continue Reading
More than half of Canada’s crude and condensate demand is being met by the United States, despite the fact that Canada pumps two and half times more oil than its Continue Reading
The Government of Canada is setting a mandatory target for all new light-duty cars and passenger trucks sales to be zero-emission by 2035, accelerating Canada’s previous goal of 100% sales Continue Reading
Dozens of people have died in Canada amid an unprecedented heatwave that has smashed temperature records. Police in the Vancouver area have responded to more than 130 sudden deaths since Continue Reading
Canada will ban the sale of fuel-burning new cars and light-duty trucks from 2035 in an effort to reach net-zero emissions across the country by 2050, Prime Minister Justin Trudeau’s Continue Reading
In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities produce up to three times more emissions per barrel than the already high sector average- and rising Continue Reading
Canada’s oil sands production has come roaring back, and according to IHS Markit, output is returning to pre-pandemic levels after a particularly difficult year that involved not only the Covid-19 Continue Reading
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge: not only is its economy dependent on oil production, but the Canadian oil Continue Reading
Despite lower hydroelectric output and a nuclear plant outage in the US Pacific Northwest, the region is importing less gas from Canada summer over summer even as Alberta production grows Continue Reading
The boardroom wars around ExxonMobil, a district court in the Hague ruling Shell should speed up its emissions cutting above and beyond its own objectives, the International Energy Agency suggesting Continue Reading
The biggest oil sands producers in Canada announced on Wednesday a net-zero collaboration initiative to achieve net-zero emissions from oil sands operations by 2050 to help Canada to meet its Continue Reading
Project Reconciliation, a Canadian indigenous group seeking a stake in the Trans Mountain oil pipeline, is now aiming for a path to full ownership, the group’s new chairman said. (Bloomberg) Continue Reading
An under-the-radar hearing on the way shippers will contract volumes on Canada’s key crude oil export pipeline began last month in what could turn out to be the most important Continue Reading
Canada’s oil sands industry is too carbon-intensive for the environmental, social, and governance (ESG) targets of some of the world’s largest institutional investors. But not for Canada’s own pension funds. Continue Reading
Canadian crude oil exports to the United States are about to increase this year as additional pipeline capacity comes online and oil sands output increases, Argus reports , adding that Continue Reading
A cloud of methane was detected by satellite over a natural gas field in Canada, identifying a hidden source of pollution from one of North America’s most prolific production basins. The Continue Reading
In Alberta, Canada, there are thousands of orphan oil wells being left to fall into disrepair, which could be repurposed for alternative energy uses to open up substantial economic opportunities Continue Reading
President Biden is coming under fire for his attack on oil and gas once again as Canada pleads to keep the cross-border Great Lakes oil pipeline open. Canada is battling Continue Reading
At a time when U.S. shale, OPEC+, and dozens of oil producers have laid out blueprints to limit production in a bid to return the global oil industry to its Continue Reading
In the U.S., Covid-19 infections are shrinking by the day. In France, officials are preparing to ease lockdown restrictions and jump-start air travel. In the U.K., workers are returning to Continue Reading
Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the staggered global demand recovery from the pandemic. For the second time this month, Continue Reading
Canada’s crude oil imports fell by 20 percent in 2020 due to lower demand in the pandemic, but the United States further cemented its position as top oil supplier to Continue Reading
Just a few months ago, the U.S. government wasn’t participating in a global treaty to reduce harmful gas emissions, and legal challenges were threatening to kill a carbon tax imposed Continue Reading
Canada’s climate strategy to significantly cut emissions and become a net-zero emissions economy by 2050 will create a seismic shift in the large oil and gas sector, where up to Continue Reading
Canada’s biggest oil sands producers are generating billions more in free cash flow thanks to a faster-than-expected pandemic rebound, but their cautious approach to spending it is disappointing environment-minded investors. Continue Reading
“Canada has great potential to become a leader in the global Li-ion battery market,” a new analysis by Roskill states. The research firm published the insight following the announcement by Continue Reading
Canada’s oil industry could see another 7,300 jobs lost this year, said the Petroleum Labour Market Information division of Energy Safety Canada, as quoted by Global News. The job loss Continue Reading
As one of his first acts in office, President Biden revoked TC Energy Corp.’s (NYSE:TRP) license on the controversial Keystone XL pipeline project. The project ran into trouble soon after Continue Reading
The Government of Canada plans to provide C$2.75 billion (US$2.17 billion) in funding over five years, starting in 2021, to enhance public transit systems and switch them to cleaner electrical Continue Reading
Maintenance at three oil sands upgraders in Canada will take off some 500,000 bpd in production offline, helping tighten supply amid a price rally, Bloomberg reports. Canadian Natural Resources, Suncor Continue Reading
Alberta, Canada’s oil heartland, may seek compensation from the United States after newly inaugurated President Joe Biden moved to nix the Keystone XL Pipeline, Bloomberg said on Thursday . Alberta Continue Reading
A week ago, President Joe Biden did what many in Alberta feared: he revoked the permit for the Keystone XL pipeline—on his first day as President, no less. The move Continue Reading
Canadian crude oil exports transported by rail soared by 87 percent on the month in November as producers had little else to do given the now chronic shortage of pipeline Continue Reading
The Trans Mountain expansion project has just become the most important oil pipeline project in Canada after U.S. President Joe Biden stopped the U.S.-Canada cross-border link Keystone XL. The expansion Continue Reading
The expansion of Canada’s government-owned Trans Mountain pipeline assumes greater importance for the oil sector after the cancellation of rival Keystone XL reduced future options to carry crude, potential buyers Continue Reading
The Premier of Alberta has called on the Canadian federal government to retaliate against the incoming U.S. administration after President Joe Biden said he would suspend the Keystone XL project. Continue Reading
CALGARY/NEW YORK (Reuters) – The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years Continue Reading
Canada’s energy minister said the country must “respect” Joe Biden’s decision to scrap the controversial Keystone XL pipeline and dismissed calls from provincial politicians to pursue punitive measures against the Continue Reading
President Biden’s revocation of a permit for TC Energy Corp.’s Keystone XL pipeline is raising pressure on Canada’s energy industry to seek new markets for oil and gas, its top export. Mr. Biden revoked Continue Reading
Until very recently, nearly any news out of the Canadian oil sands was certain to be a tale of woe. While Alberta’s oil and gas industry didn’t suffer from lack Continue Reading
