oil & gas

FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria, on March 3, 2022. Leading oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in crude supplies to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The group is meeting Sunday, June 4, 2023 at OPEC headquarters in Vienna after sending mixed signals about possible moves. (AP Photo/Lisa Leutner, File)

Saudi Arabia slashing oil supply which could mean higher gas prices for U.S. drivers

The Saudi cut of 1 million barrels per day is set to start in July

 

TransAlta wind turbines are shown at a wind farm near Pincher Creek, Alta., Wednesday, March 9, 2016. The rural municipality, located between the cities of Calgary and Lethbridge, is the poster child for Alberta’s renewable energy boom. THE CANADIAN PRESS/Jeff McIntosh

Alberta landowners fear repeat of orphan well crisis as renewable energy booms

Many small municipalities, not oil companies were the ones left hurting last time

 

Oil from a Keystone pipeline rupture flows into Mill Creek in Washington County, Kansas, on Thursday, Dec 8, 2022. Vacuum trucks, booms and an emergency dam were constructed on the creek to intercept the spill. (Kyle Bauer/KCLY/KFRM Radio via AP)

Oil spill in rural Kansas creek shuts down Keystone pipeline

Estimated 14,000 barrels spilled, causing oil prices to briefly spike

Oil from a Keystone pipeline rupture flows into Mill Creek in Washington County, Kansas, on Thursday, Dec 8, 2022. Vacuum trucks, booms and an emergency dam were constructed on the creek to intercept the spill. (Kyle Bauer/KCLY/KFRM Radio via AP)
Pipes leading to a processing unit at Suncor Fort Hills facility in Fort McMurray, Alta., Monday, Sept. 10, 2018. Proponents of imposing a windfall tax on the Canadian oil and gas industry now have another global power setting precedent for the policy. THE CANADIAN PRESS/Jason Franson

Advocates of windfall tax on oil and gas sector can now point to EU for inspiration

EU’s tax would redirect about 140 million euros in revenue a year

Pipes leading to a processing unit at Suncor Fort Hills facility in Fort McMurray, Alta., Monday, Sept. 10, 2018. Proponents of imposing a windfall tax on the Canadian oil and gas industry now have another global power setting precedent for the policy. THE CANADIAN PRESS/Jason Franson
A heavy hauler trucks transports material from Suncor’s North Steepbank Mine in the oilsands in Fort McMurray Alta, on Monday June 13, 2017. Oilsands companies are exploring the possibility of deploying small modular nuclear reactors to create the heat needed in oilsands mining. THE CANADIAN PRESS/Jason Franson

Canada’s oilsands look into use of nuclear power as ‘net zero changes everything’

Some experts say use of the alternative power could be just a decade away

A heavy hauler trucks transports material from Suncor’s North Steepbank Mine in the oilsands in Fort McMurray Alta, on Monday June 13, 2017. Oilsands companies are exploring the possibility of deploying small modular nuclear reactors to create the heat needed in oilsands mining. THE CANADIAN PRESS/Jason Franson
People fuel up vehicles at a Shell gas station in Vancouver, on Saturday, May 14, 2022. GasBuddy’s head petroleum analyst says drivers should expect some relief at the pump heading into the end of July and start of August. THE CANADIAN PRESS/Darryl Dyck

VIDEO: B.C. gas prices expected to drop below $2/litre mark: analyst

Global prices dropping as economy slows, threatens recession

People fuel up vehicles at a Shell gas station in Vancouver, on Saturday, May 14, 2022. GasBuddy’s head petroleum analyst says drivers should expect some relief at the pump heading into the end of July and start of August. THE CANADIAN PRESS/Darryl Dyck
Suncor’s base plant with upgraders is seen in Fort McMurray, Alta. on June 13, 2017. The officially disclosed carbon footprints of Canada’s largest oil companies could balloon in size if tough new climate rules proposed earlier this year by a U.S. regulator come into effect. THE CANADIAN PRESS/Jason Franson

U.S. proposal could change the way oil companies report their carbon footprint

Companies would have to include greenhouse gases they produce indirectly through customer use

Suncor’s base plant with upgraders is seen in Fort McMurray, Alta. on June 13, 2017. The officially disclosed carbon footprints of Canada’s largest oil companies could balloon in size if tough new climate rules proposed earlier this year by a U.S. regulator come into effect. THE CANADIAN PRESS/Jason Franson
Minister of Natural Resources Jonathan Wilkinson rises during question period in the House of Commons on Parliament Hill in Ottawa on March 3, 2022. Wilkinson says it will be another week or two before Canada will know with certainty how much extra oil it can produce and ship to help offset bans on the use of fossil fuels from Russia. THE CANADIAN PRESS/Sean Kilpatrick

Canada expects plan for supplying some oil to Europe ready by March 23

Plan to be ready for the International Energy Agency meeting of energy ministers in Paris

Minister of Natural Resources Jonathan Wilkinson rises during question period in the House of Commons on Parliament Hill in Ottawa on March 3, 2022. Wilkinson says it will be another week or two before Canada will know with certainty how much extra oil it can produce and ship to help offset bans on the use of fossil fuels from Russia. THE CANADIAN PRESS/Sean Kilpatrick
The Suncor oil sands facility seen from a helicopter near Fort McMurray, Alta., Tuesday, July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh

Oil Sands Alliance to focus on industry sustainability, advancing net-zero ambitions

It is not clear whether the new organization will be involved in political lobbying

The Suncor oil sands facility seen from a helicopter near Fort McMurray, Alta., Tuesday, July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh
The leak near dawn Friday, July 2, 2021, occurred about 150 yards (meters) from a drilling platform in the Gulf of Mexico. (Manuel Lopez San Martin/Twitter)

Undersea gas pipeline rupture causes fire in Gulf of Mexico

Petroleos Mexicanos said it had dispatched fire control boats to pump more water over the flame

The leak near dawn Friday, July 2, 2021, occurred about 150 yards (meters) from a drilling platform in the Gulf of Mexico. (Manuel Lopez San Martin/Twitter)
Alberta Finance Minister Travis Toews delivers the 2021 budget in Edmonton on Thursday, Feb. 25, 2021. THE CANADIAN PRESS/Jason Franson

Alberta finance minister defends $1.3B loss on Keystone XL as ‘calculated decision’

Toews says pipeline would have provided $30 billion over two decades had it gone through

Alberta Finance Minister Travis Toews delivers the 2021 budget in Edmonton on Thursday, Feb. 25, 2021. THE CANADIAN PRESS/Jason Franson
Used oil and antifreeze can be dropped off at Ernie’s Used Auto Parts. File photo
Used oil and antifreeze can be dropped off at Ernie’s Used Auto Parts. File photo
Workers clean up the oil spill in Abbotsford near Trans Mountain’s Sumas Pump Station on Saturday. (Shane MacKichan photo)

B.C. Indigenous leaders speak out after 150,000 litres of oil spill in Abbotsford

Trans Mountain pipeline remains shut following spill at Sumas Pump Station on Friday night,

Workers clean up the oil spill in Abbotsford near Trans Mountain’s Sumas Pump Station on Saturday. (Shane MacKichan photo)
Kearl Lake oil sands project, north of Fort McMurray. (Imperial Oil/Facebook)

Interior Health issues warning over COVID-19 outbreak at Alberta work camp

Workers who have been at the Kearl Lake oil sands project are asked to self-isolate.

Kearl Lake oil sands project, north of Fort McMurray. (Imperial Oil/Facebook)
Gas prices are shown on a sign at an Esso station in Whitby, Ont., east of Toronto, on Wednesday, March 18, 2020. Parkland Fuel Corp. says it is cutting its 2020 capital spending budget by 52 per cent and cutting its executive salaries in response to the uncertain economic impact of the novel coronavirus.THE CANADIAN PRESS/ Doug Ives

Parkland Fuel nears completion of maintenance work at B.C. refinery

Company sells fuel at more than 2,600 stations throughout Canada, the United States and Caribbean

Gas prices are shown on a sign at an Esso station in Whitby, Ont., east of Toronto, on Wednesday, March 18, 2020. Parkland Fuel Corp. says it is cutting its 2020 capital spending budget by 52 per cent and cutting its executive salaries in response to the uncertain economic impact of the novel coronavirus.THE CANADIAN PRESS/ Doug Ives
The downturn of the energy sector in light of COVID-19 could be detrimental to the economy, experts say. (File)

’The energy sector is destroyed beyond repair’: expert on COVID-19’s impact on economy

‘That’s never been heard of before; no one sells oil for $4 a barrel.’ – Dan McTeague

The downturn of the energy sector in light of COVID-19 could be detrimental to the economy, experts say. (File)
Alberta Premier Jason Kenney is shown in Calgary, Tuesday, Jan. 7, 2020. THE CANADIAN PRESS/Todd Korol

VIDEO: Kenney wants feds to approve Teck mine for benefit of First Nations

‘Surely [reconciliation] means saying yes to economic development for First Nations people’

Alberta Premier Jason Kenney is shown in Calgary, Tuesday, Jan. 7, 2020. THE CANADIAN PRESS/Todd Korol