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In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities produce up to three times more emissions per barrel than the already high sector average- and rising Continue Reading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
After four years of trade clashes, unpredictable foreign policy and insults lobbed at the prime minister by tweet, Canadian officials are optimistic that the inauguration of President-elect Joe Biden will Continue Reading
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some Continue Reading
Despite early weather forecasts predicting a colder-than-normal Canadian winter, temperatures so far are averaging well above normal, sapping demand and decreasing the likelihood of drawing down the region’s massive storage Continue Reading
Things may be looking up for Canadian oil, but improving on something as dismal as the condition of our northern neighbors’ oil sector doesn’t necessarily mean they’ll be going gangbusters–it Continue Reading
After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020’s historic market crash with a slew of upbeat outlooks from Wall Street Continue Reading
As Prime Minister Trudeau reveals his ‘net-zero’ plan for 2050, it is clear that Canada is still very much reliant on its oil industry. The new bill requires Canada to Continue Reading
A total of 37 percent of oil and gas companies in Canada resorted to permanent layoffs due to the pandemic-driven oil price and oil demand slump, a recent survey of Continue Reading
The Canadian province of Quebec said on Monday it will ban the sale of new gasoline-powered passenger cars as of 2035, joining California and others in announcing moves to shift Continue Reading
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced disappointing results this week from its call for bids on offshore oil parcels, according to a press release. Of the 17 Continue Reading
Canadian oil producers have plans to start ramping up production after the Alberta government said it would remove oil production limits at the end of the year. “We’re going to Continue Reading
William Romaniuk stopped his tractor at the edge of his field and sniffed. A breeze came off the North Saskatchewan River, rippling across rows of ripe wheat, but a caustic Continue Reading
Alberta’s two-year experiment with OPEC-style crude production curbs is coming to an end after a Covid-driven collapse in demand led the Canadian province’s battered oil-sands industry to idle more output Continue Reading
