Canadian oil
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Canada must slash emissions by 42% to hit new 2030 targets, climate plan saysThe emissions reduction plan that Guilbeault tabled in the House of Commons Tuesday is projecting that electricity emissions will be almost zero by the end of the decade.CanadaMar 29
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Canada’s plan to boost oil exports won’t affect climate goals: government sourceCanada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia's invasion of Ukraine.EconomyMar 23
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As world scrambles for oil, Canadian producers reluctant to spend on growth'These geopolitical situations, as fast as (price) goes up, as fast it can go down,' CNRL president Tim McKay said. 'It's very volatile, so you have to manage to those cycles.'MoneyMar 3
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Canada has replacements for Line 5 if pipeline shuts down, report saysA new report by a Canadian environmental group says alternatives to Line 5 already exist if the controversial cross-border pipeline gets shut down.CanadaFeb 16
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Shortage of rig workers could slow Canadian oilpatch recovery, industry warnsExperienced energy workers who left due to the pandemic or an oil price crash-related layoff aren't necessarily going to be enticed back by a paycheque, said an industry insider.EconomyOct 13, 2021
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One year after crude turned negative, oilpatch relishes first quarter profit outlookWTI daily spot prices have averaged US$60.46 per barrel so far in the second quarter, up from US$58.13 in the first quarter.EconomyApr 18, 2021
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U.S. analysts brace for more oil by rail as debate continues over cross-border pipelinesIt would take an oil-by-rail calamity of a scale comparable to the 2013 Lac-Megantic disaster in Quebec before Americans wake up to the dangers, U.S. rail safety analysts say.CanadaMar 7, 2021
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Experts say cancelled Keystone XL pipeline expansion won’t lessen oil dependencySome 200 kilometres of pipe have already been installed for the expansion, including across the Canada-U.S. border.CanadaJan 18, 2021
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Pipeline news brightens Canada’s gloomy oilpatchObservers say the start of construction on the Minnesota portion of the Enbridge Line 3 replacement pipeline after six years of delays has lifted spirits.Dec 20, 2020
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Calgary’s mayor worries mega-merger by energy giants will mean lost jobs and revenueRight now both companies have a large presence in Calgary. Nenshi is concerned what a merger might do to an already sky-high office vacancy rate as well as the tax base.EconomyOct 26, 2020
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