Oil And Gas Sector

• Canada’s oil and gas emissions cap coming with 2026 target start date: sources

  The policy will outline how the cap on greenhouse gas emissions will work and that it is intended to begin applying sometime between 2026 and 2030.

  Environment

  Dec 6
  
• A look at some reaction to the Supreme Court’s ruling on feds’ environmental review law

  The Supreme Court of Canada ruled Friday against federal legislation dealing with the environmental effects of major developments.

  Canada

  Oct 13
  
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• Total closes $4B Surmont sale to ConocoPhillips, fully exiting Alberta’s oilsands

  French company TotalEnergies says it has finalized its sale of its stake in the Surmont oilsands project to U.S. oil company ConocoPhillips in a deal worth up to $4.4 billion.

  Money

  Oct 4
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• Keyera Corp. marks opening of 575-kilometre pipeline in Alberta

  Keyera Corp. is marking the opening of a 575-kilometre pipeline in Alberta which will provide additional transportation capacity to natural gas producers in Western Canada.

  Money

  Oct 4
• Strathcona Resources closes Pipestone Energy merger deal creating 5th largest oil producer in Canada

  Pipestone shareholders voted to approve the deal last week in a move to create the fifth largest oil producer in Canada.

  Money

  Oct 3
• Trans Mountain says ‘worst case’ could see pipeline project’s completion delayed to end of 2024

  Trans Mountain Corp. had hoped to have the pipeline in service in early 2024 but has run into engineering difficulties related to the drilling of a tunnel in B.C.

  Canada

  Sep 12
• NDP MP wants Suncor CEO to tell MPs why company moving away from focus on clean energy

  NDP MP Charlie Angus will ask the natural resources committee to summon the CEO of oilsands giant Suncor when the House of Commons resumes next week.

  Environment

  Sep 11
• Danielle Smith condemns federal environment minister’s emissions cap comments

  Premier Danielle Smith is blasting federal Environment Minister Steven Guilbeault over comments he made about capping emissions.

  Economy

  Aug 30
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• Guilbeault says Suncor’s revised focus on oil production proof of need for emissions cap

  Recent statements by the CEO of a major oil company further the case for federal regulations to cap greenhouse-gas emissions in the oil and gas sector, Steven Guilbeault said.

  Economy

  Aug 30
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• Suncor CEO says company has been too focused on energy transition, must get back to fundamentals

  The man hired to turn around the flagging fortunes of Suncor Energy says he believes the company's been too focused in recent years on the energy transition.

  Economy

  Aug 15