Canada Oil

• Canada joining G-7 countries, Australia to expand price caps on Russian oil

  The Department of Finance says the caps will be enforced by prohibiting buyers who do not abide by the price caps from obtaining services from companies in the G7 or Australia.

  Canada

  Feb 4
  
• Key Canada-U.S. oil pipeline outage could lead to crude supply shortage in the States: experts

  An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub, analysts and traders said on Friday.

  Economy

  Dec 9, 2022
  
• Advertisement
• Environment minister slams oilpatch for raking in cash and sitting idle on climate action

  Steven Guilbeault says Canada's oil players have promised to act on greenhouse gas emissions, but instead have funnelled most of their record-breaking profits to shareholders.

  Canada

  Oct 29, 2022
• Advertisement
• Precision Drilling reports Q3 profit, revenue up 69 per cent from year ago

  Precision Drilling Corp. reported a third-quarter profit of $30.7 million compared with a loss of $38 million a year ago as its revenue gained 69 per cent.

  Canada

  Oct 27, 2022
• Drilling moratorium on Georges Bank off southern Nova Scotia extended until 2032

  Canadian federal and provincial law allows for the moratorium in the rich fishing ground to be prolonged in increments of up to 10 years.

  Canada

  Apr 27, 2022
• Canada’s plan to boost oil exports won’t affect climate goals: government source

  Canada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia's invasion of Ukraine.

  Economy

  Mar 23, 2022
• Sky-high gas prices are pushing Canadians to consider electric vehicles

  Sixty-one per cent of Canadians say rising gas prices and oil supply challenges have convinced them that it is time to buy an EV, according to a recent KPMG survey.

  Economy

  Mar 20, 2022
• Canada’s program to cut greenhouse-gas emissions is failing, audit shows

  ``This is a program that needs a vast improvement,'' commissioner Jerry DeMarco said Thursday of the program called the Onshore Emissions Reduction Fund.

  Canada

  Nov 25, 2021
• Advertisement
• Push for electric vehicles, climate ambition driving down Canada’s oil need: report

  The uptake of electric vehicles and stricter measures to reduce emissions are the top reasons why a research group is calling on governments not to invest in Alberta's oil sector.

  Canada

  May 26, 2021
• Advertisement
• Researcher behind ‘anti-Alberta’ inquiry says she has not backed off allegation

  Critics of a researcher whose work helped prompt Alberta's inquiry into anti-oilsands campaigns say she appears to have backed away from one of her main allegations.

  Environment

  May 21, 2021