oil and gas

A Suncor logo is shown at the company’s annual meeting in Calgary on May 2, 2019. THE CANADIAN PRESS/Jeff McIntosh

Suncor Energy and Atco working together on potential hydrogen project

Atco would construct and operate pipeline and hydrogen storage facilities

 

Colonial Pipeline joue un rôle de premier plan dans le transport de l’essence, du kérosène, du diésel et d’autres produits pétroliers du Texas vers la côte Est.(AP Photo/Seth Wenig)

Pipeline officials hope most service will be back by weekend

Colonial Pipeline delivers about 45 per cent of the fuel consumed on East Coast

  • May 11, 2021

 

Gas prices are displayed as a motorist prepares to pump gas at a station in North Vancouver on May 10, 2011. THE CANADIAN PRESS/Jonathan Hayward

Parkland aiming to about double adjusted EBITDA in less than five years

Increase could come from expanding its existing network

Gas prices are displayed as a motorist prepares to pump gas at a station in North Vancouver on May 10, 2011. THE CANADIAN PRESS/Jonathan Hayward
President Joe Biden waves after holding a virtual meeting with Canadian Prime Minister Justin Trudeau, in the East Room of the White House, Tuesday, Feb. 23, 2021, in Washington. THE CANADIAN PRESS/AP-Evan Vucci

New emission-cutting goals called ‘aggressive,’ ‘ambitious’ and ‘illogical’

Canadian industry is being compelled to cut methane emissions by 45 per cent by 2025

President Joe Biden waves after holding a virtual meeting with Canadian Prime Minister Justin Trudeau, in the East Room of the White House, Tuesday, Feb. 23, 2021, in Washington. THE CANADIAN PRESS/AP-Evan Vucci
Storage tanks are shown at the Marathon Petroleum Corp. refinery in Detroit on April 21, 2020. THE CANADIAN PRESS/AP, Paul Sancya
Storage tanks are shown at the Marathon Petroleum Corp. refinery in Detroit on April 21, 2020. THE CANADIAN PRESS/AP, Paul Sancya
FILE - This Jan. 14, 2015 file photo shows oil pump jacks in McKenzie County in western North Dakota. President Joe Biden shut down oil and gas lease sales from the nation’s vast public lands and waters in his first days in office, citing worries about climate change. Now his administration has to figure out what do with the multi-billion dollar program without crushing a significant sector of the U.S. economy, while fending off sharp criticism from congressional Republicans and the oil industry. (AP Photo/Matthew Brown, File)

In shift, oil industry group backs federal price on carbon

API calls for fast-tracking commercial deployment of long-sought technology to capture and store carbon emissions

  • Mar 26, 2021
FILE - This Jan. 14, 2015 file photo shows oil pump jacks in McKenzie County in western North Dakota. President Joe Biden shut down oil and gas lease sales from the nation’s vast public lands and waters in his first days in office, citing worries about climate change. Now his administration has to figure out what do with the multi-billion dollar program without crushing a significant sector of the U.S. economy, while fending off sharp criticism from congressional Republicans and the oil industry. (AP Photo/Matthew Brown, File)
People watch the sun set in the Red Sea port city of Jiddah, Saudi Arabia, Monday, Jan. 18, 2021. (AP Photo/Amr Nabil)

OPEC cartel, allies face decision on increasing oil output

OPEC Plus made deep cuts in output in 2020 to stave off a collapse in prices

  • Mar 4, 2021
People watch the sun set in the Red Sea port city of Jiddah, Saudi Arabia, Monday, Jan. 18, 2021. (AP Photo/Amr Nabil)
Pumpjacks draw oil out of the ground near Olds, Alta., Thursday, July 16, 2020. A new report suggests the economic impact of the pandemic led to a massive increase in federal aid to Canada’s oil patch. THE CANADIAN PRESS/Jeff McIntosh

Pandemic increased direct aid to fossil fuel producers, new study shows

At least $1.9 billion in direct aid to traditional energy sector last year

Pumpjacks draw oil out of the ground near Olds, Alta., Thursday, July 16, 2020. A new report suggests the economic impact of the pandemic led to a massive increase in federal aid to Canada’s oil patch. THE CANADIAN PRESS/Jeff McIntosh
The Alberta Treasury Branch reports that Alberta’s oil and gas revenues took a big pandemic hit in 2020. (File photo by The Canadian Press)
The Alberta Treasury Branch reports that Alberta’s oil and gas revenues took a big pandemic hit in 2020. (File photo by The Canadian Press)
An electric delivery crew works on restoring power to a neighbourhood following the winter storm that passed through Texas Thursday, Feb. 18, 2021, in Odessa, Texas. THE CANADIAN PRESS/AP-Eli Hartman/Odessa American via AP

Canadian firm Just Energy warns of huge losses due to extreme Texas winter weather

Canadian firm Just Energy warns of huge losses due to extreme Texas winter weather

An electric delivery crew works on restoring power to a neighbourhood following the winter storm that passed through Texas Thursday, Feb. 18, 2021, in Odessa, Texas. THE CANADIAN PRESS/AP-Eli Hartman/Odessa American via AP
Tribal Chief Tyrone McNeil, a Sto:lo member in British Columbia’s Fraser Valley, is the chairman of a new Indigenous advisory committee at the Canada Energy Regulator. (Photo by THE CANADIAN PRESS)

Head of new Indigenous committee aims for systemic change at Canada Energy Regulator

VANCOUVER — The chairman of a new Indigenous advisory committee at the…

Tribal Chief Tyrone McNeil, a Sto:lo member in British Columbia’s Fraser Valley, is the chairman of a new Indigenous advisory committee at the Canada Energy Regulator. (Photo by THE CANADIAN PRESS)
Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Panetta
Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Panetta
Pumpjacks pump crude oil near Halkirk, Alta., June 20, 2007. THE CANADIAN PRESS/Larry MacDougal

Defence of Alberta oil or attempt to silence dissent? Judge to hear inquiry challenge

Court of Queen’s Bench Justice to hear from environmental law charity Ecojustice

Pumpjacks pump crude oil near Halkirk, Alta., June 20, 2007. THE CANADIAN PRESS/Larry MacDougal
A pumpjack works at a well head on an oil and gas installation near Cremona, Alta. (File photo by The Canadian Press)

Good news on oil prices for Alberta, says ATB Financial

Capital investment, drilling activity expected to be higher this year

A pumpjack works at a well head on an oil and gas installation near Cremona, Alta. (File photo by The Canadian Press)
A Suncor logo is shown at the company’s annual meeting in Calgary on May 2, 2019. THE CANADIAN PRESS/Jeff McIntosh

Oilsands giant Suncor Energy notes fourth-quarter loss on lower revenue, writedowns

Fourth-quarter oil and gas production of 769,200 barrels of oil equivalent per day

A Suncor logo is shown at the company’s annual meeting in Calgary on May 2, 2019. THE CANADIAN PRESS/Jeff McIntosh
The Imperial Oil logo is shown at the company’s annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh

Imperial Oil reports $1.15B Q4 loss due to a writedown of unconventional assets

Overall production averaged 460,000 gross oil-equivalent barrels per day in quarter

The Imperial Oil logo is shown at the company’s annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh
FILE - In this Jan. 25, 2021, file photo, President Joe Biden answers questions from reporters in the South Court Auditorium on the White House complex, in Washington. Biden is unlikely to confront China on trade right away because he wants to focus on the coronavirus and the economy, but he does look set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. (AP Photo/Evan Vucci, File)

AP sources: Biden to pause oil and gas sales on public lands

WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium…

FILE - In this Jan. 25, 2021, file photo, President Joe Biden answers questions from reporters in the South Court Auditorium on the White House complex, in Washington. Biden is unlikely to confront China on trade right away because he wants to focus on the coronavirus and the economy, but he does look set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. (AP Photo/Evan Vucci, File)
FILE - This July 19, 2002, file photo, shows the Mackinac Bridge that spans the Straits of Mackinac from Mackinaw City, Mich. Supporters and opponents of a proposed oil pipeline tunnel beneath the Great Lakes channel are making their case to federal officials. The Army Corps of Engineers hosted an online public hearing Monday, Jan. 11, 2021, on Enbridge’s application for a permit. The Canadian pipeline company wants to drill a nearly 4-mile (6.4-kilometer) tunnel through bedrock under the Straits of Mackinac that would house a replacement for twin pipes that have run along the bottom of the waterway connecting Lake Huron and Lake Michigan for 67 years.(AP Photo/Carlos Osorio, File)

Enbridge rejects Michigan’s demand to shut down oil pipeline

Enbridge won’t close Line 5

  • Jan 12, 2021
FILE - This July 19, 2002, file photo, shows the Mackinac Bridge that spans the Straits of Mackinac from Mackinaw City, Mich. Supporters and opponents of a proposed oil pipeline tunnel beneath the Great Lakes channel are making their case to federal officials. The Army Corps of Engineers hosted an online public hearing Monday, Jan. 11, 2021, on Enbridge’s application for a permit. The Canadian pipeline company wants to drill a nearly 4-mile (6.4-kilometer) tunnel through bedrock under the Straits of Mackinac that would house a replacement for twin pipes that have run along the bottom of the waterway connecting Lake Huron and Lake Michigan for 67 years.(AP Photo/Carlos Osorio, File)
An aerial photo shows oil tankers load crude oil at Iraq’s Al-Basra Offshore Terminal in Basra, Iraq, Sunday, Dec. 27, 2020. (AP Photo/Nabil al-Jurani)

Iraq explosives experts working to defuse mine on oil tanker

Mine attached to tanker rented from Iraq’s Oil Marketing Company SOMO that was refuelling another vessel

  • Jan 1, 2021
An aerial photo shows oil tankers load crude oil at Iraq’s Al-Basra Offshore Terminal in Basra, Iraq, Sunday, Dec. 27, 2020. (AP Photo/Nabil al-Jurani)