Oil And Gas

• Drive less and work from home as Iran energy shock bites, EU official urges

  The EU is asking its member states to implement the International Energy Agency’s 10-point plan to reduce global demand for oil, Dan Jørgensen, the EU’s energy commissioner said.

  Economy

  Apr 2
  
• Price surge from Trans Mountain expansion highlights need for new pipelines: MEI

  The average price-gap between light U.S. and heavy Alberta crude blends narrowed by 37.5 per cent between 18-month lead-up to TMXs completion and the 18 months that followed.

  Canada

  Mar 26
  
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• Boosting oil production could ramp up Canada’s GDP and jobs, study suggests

  Canada may have the ability to substantially raise its GDP and add thousands of new jobs by building more oil pipeline infrastructure, a new study suggests.

  Canada

  Mar 20
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• Iran threatens recreational, tourist sites worldwide as war rages on

  The Mina Al-Ahmadi refinery in Kuwait, which can process some 730,000 barrels of oil per day, is one of the largest in the Middle East.

  World

  Mar 20
• Trump threatens to ‘massively blow up’ world’s largest natural gas field

  The strikes, in retaliation for an Israeli attack on a key Iranian gas field, sent fuel prices soaring and risked drawing Iran’s Arab neighbours directly into the conflict.

  World

  Mar 19
• Carney climate plan at risk as Canadian oil companies stress need to boost production

  A key plank of Canadian Prime Minister Mark Carney's climate plan is unlikely to hit its implementation date, raising new doubts about Canada meeting its climate change goals.

  Environment

  Mar 18
• Alberta reviewing plan on forcing oil companies to pay outstanding municipal taxes

  Unpaid municipal taxes by some in the energy industry is a long-standing issue, with Alberta's rural communities owed more than $250 million as of last year.

  Economy

  Mar 16
• Landowners take stand over years of missed payments by delinquent oil company

  The group says MAGA Energy hasn't paid its lease for three years, and therefore the company is no longer allowed on their land in Edmonton.

  Environment

  Mar 13
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• Gas rises to $1.50 in Edmonton as Middle East conflict pushes up oil prices

  West Texas Intermediate, the North American benchmark, went from US$71 per barrel on Monday to $90US a barrel on Friday — the biggest weekly gain since Russia invaded Ukraine.

  Economy

  Mar 6
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• CNRL defers oilsands mine expansion, citing regulatory uncertainty

  CNRL says it's putting Jackpine mine expansion spending on hold until it gets more clarity around expected changes to federal carbon pricing and methane emissions rules.

  Money

  Mar 5