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alberta
Municipalities say Alberta oilpatch policies harming tax base, public interest
Suncor pipes that carry various liquids from their MacKay River pad in the oil sands in Fort McMurray Alta, on June 12, 2017. The group representing Alberta's rural municipalities says the province is trying to increase production from its declining conventional oil and gas fields at the expense of local tax bases, environmental oversight and the public interest. THE CANADIAN PRESS/Jason Franson
energy and resources
Platts to launch oil freight assessment for ships moving between Vancouver and U.S. West Coast
FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
world
French destroyer rescues 29 mariners from oil tanker stricken in Red Sea attacks by Yemen rebels
The Greek-flagged oil tanker Sounion is seen heading into the Finnart Ocean Terminal in the United Kingdom on Nov. 29, 2017. The Sounion traveling through the Red Sea came under repeated attack Wednesday, Aug. 21, 2024, leaving the vessel "not under command" and drifting ablaze after an assault suspected to have been carried out by Yemen's Houthi rebels, the British military said. (David Mackinnon via AP)
report on business
Imperial Oil fined $50,000 over oil sands leak
A flare stack lights the sky from the Imperial Oil refinery in Edmonton on December 28, 2018. THE CANADIAN PRESS/Jason Franson
energy and resources
OPEC gets updated plans from Iraq, Kazakhstan on overproduction compensation
FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
world
Greek oil tanker drifting and ablaze after repeated attacks in the Red Sea, British military says
A student holds up a mock missile during a demonstration by students and university professors, mainly Houthi supporters, in solidarity with Palestinians at the campus of Sanaa University in Sanaa, Yemen August 21, 2024. REUTERS/Khaled Abdullah TPX IMAGES OF THE DAY
report on business
Top U.S. oilfield firm Halliburton hit by cyberattack
Third-quarter profits fell at Houston, Tex.-based Halliburton Co., the world’s No. 2 oil field services company.
energy and resources
U.S. crude oil export gains slow as output, global demand turn tepid
FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo
report on business
U.S. must do more to protect species from Gulf of Mexico drilling, judge says
FILE - A rig and supply vessel are pictured in the Gulf of Mexico, off the cost of Louisiana, April 10, 2011. An auction of federal Gulf of Mexico leases for oil and gas drilling must be held in 37 days, a federal appeals court ruled Tuesday, Nov. 14, 2023, rejecting environmentalists arguments against the sale, and throwing out plans by the Biden administration to scale back the sale to protect an endangered species of whale. (AP Photo/Gerald Herbert, File)
energy and resources
Britain’s i3 Energy surges on $226-million takeover offer from Canada’s Gran Tierra Energy
Silhouette of an oil pump jack.
world
Ukraine has destroyed or damaged all three bridges over Russia’s Seym River, Russian sources say
FILE PHOTO: A satellite image shows a bridge collapsed over the Seym river in the Glushkovo district, following a Ukrainian strike in the Kursk region, Russia, August 17, 2024. 2024 Planet Labs Inc./Handout via REUTERS/File Photo
inside the market
Tamarack Valley Energy insiders buy the oil patch dip
Ted Dixon
energy and resources
Chevron to pay US$550-million settlement to California’s Richmond City Council
CEDAR PARK, TEXAS - AUGUST 02: A Chevron gas station is seen on August 02, 2024 in Cedar Park, Texas. Chevron has announced that the company will be relocating its corporate offices from San Ramon, California to Houston, Texas. Chevron is among a growing number of companies that are leaving California over a combination of increased operating costs and a refusal, or incapability, to adhere by the state’s strict regulatory laws. (Photo by Brandon Bell/Getty Images)
international business
U.S. crude inventories rise after six weeks of drawdowns: EIA
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo
energy and resources
New drilling technology to put billions of barrels of oil in reach, analysts say
FILE PHOTO: The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo
newsletter
Business Brief: How to mix U.S. inflation into a recipe for economic clarity
A Walmart in New Jersey. The company reports its latest earnings on Thursday.
opinion
Canada’s productivity problem isn’t that big if we exclude oil
Pau S. Pujolas and Oliver Loertscher
energy and resources
Tourmaline Oil signs $1.3-billion deal to buy Crew Energy
A flare stack lights the sky from oil refinery in Alberta on December 28, 2018. THE CANADIAN PRESS/Jason Franson
report on business
Dangote Refinery says Nigeria must enforce crude supply for local refiners
opinion
Our strategy of reducing emissions but not fossil fuel production isn’t working
Tzeporah Berman
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