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Privately-owned commodities trading houses have snapped up refineries and terminals as oil majors come under increased pressure from shareholders to invest in greener energy
The Haisla Nation have a 50.1 per cent stake in the joint venture while Calgary-based Pembina Pipeline Corp. owns 49.9 per cent
Energy firm tell MPs of their goal to reduce emissions while also increasing Canada’s oil output in the years to come
On climate change, oil companies have been full of cheap talk and no action – Canada needs a hard cap on oil-and-gas emissions
Shell and Octopus have also signed a memorandum of understanding to explore a potential international partnership over electric vehicles charging, including for Shell Recharge subscribers, Shell said
Canada currently has no operational LNG export terminals, and it has only one of them – LNG Canada, in Kitimat, B.C. – under construction
Canada’s first terminal for exporting liquefied natural gas is 85 per cent done, says Jason Klein
Dozens of recommendations include calls to set firmer timelines for federal regulatory decisions
Executives at both Shell and BP have told Reuters in recent months that a growing number of major investors have pressed them to focus on returns, rather than energy transition plans
SparkCognition’s AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil producer in the U.S. Gulf of Mexico
The stronger-than-expected profits followed a string of forecast-beating results from rivals including BP and Exxon Mobil
$77 billion is more than double the previous year, as traders benefited from extreme price volatility following Russia’s invasion of Ukraine
ConocoPhillips has continued to invest in Alberta projects and analysts predict the company will buy the remainder of the Surmont oil sands project from Suncor
Under the deal, Suncor will pay $5.5-billion in cash, plus up to an additional $600-million that is conditional on Western Canadian Select benchmark oil pricing and certain production targets
Tax-loss harvesting has been mechanized thanks to the collapse in trading costs and the rise of so-called direct indexing
Activist group Follow This said in December it had co-filed resolutions with six major institutional investors managing $1.3 trillion in assets ahead of the annual general meetings of BP, Chevron, Exxon Mobil and Shell
B.C.’s move to toughen emissions standards sets high bar for new LNG projects
British Columbia will now require proposed LNG projects that are going through or entering the environmental assessment process to have a credible plan to be net-zero emissions by 2030
CPPIB buying stake in California’s second-largest oil and gas producer, cutting emissions
Canada Pension Plan Investment Board partners with German-based asset manager and will invest in solar power and renewable technology while continuing to produce oil
Norway’s embrace of the petrostate paradox sets example for Canada’s ‘just transition’ promise
Scandinavian country is already a leader in electrifying transport, with batteries powering 80 per cent of new cars sold there last year, yet its energy industry is still pouring money into new drilling
Estimated cost of Coastal GasLink pipeline surges to $14.5-billion
Calgary-based TC Energy Corp. says it has increased Coastal GasLink’s expected cost by nearly 30 per cent from the previous estimate
B.C. to announce energy deal with Indigenous groups after landmark agreement
Agreement with Blueberry River First Nations provides formal role in natural gas projects on its territory and includes $287.5-million in funding