Suncor to record impairment charge on White Rose assets
Suncor advised that it will record in the fourth…
Canadian Natural to boost oil, gas output 5% on higher $3.2B budget
Increased drilling program a result of no curtailment and a current improved outlook for commodity prices in 2021.
Baytex Energy sets lower capital budget for 2021
Spending of between $225 million and $275 million next year.
Application to pause Alberta inquiry into fossil fuel foes funding
Kenney government contend foreign interests have been bankrolling campaigns against fossil fuel development.
Fossil fuels declining, but still big in Canada’s energy use by 2050: report
Even with many more policies to curb emissions, oil and gas would still make up nearly two-thirds of energy sources.
Why oil and gas are fundamental to Canada
$493 billion in energy revenues paid to governments since 2000 is more than family allowance and children’s benefits since 1970.
Natural Law Energy inks deal with TC Energy to invest in Keystone XL
Indigenous group represents four First Nations in Alberta and one in Saskatchewan.
Inquiry into Alberta oil and gas critics extended to Jan. 31
Looking at foreign interests bankrolling campaigns against fossil fuel development.
Cenovus to buy Husky Energy for $3.8B in shares, Pourbaix is CEO
He says combined company will be better able to weather energy market volatility, generate more cash flow, reduce debt and cut costs.
Biden calls for ‘transition’ from oil, GOP sees opening
Campaign’s climate plan calls for the US to have net-zero greenhouse gas emissions by 2050.
Oil price stall, global uncertainty prompt caution from energy companies
Analyst says drawdowns are constructive, but the market remains reliant on drastic production cuts from OPEC+ to restore balance.
Shell plan to cut up to 9,000 jobs could result in 100s in Canada
Between 294 and 378 fewer jobs is the energy company’s cuts are proportionate.
Ottawa pitches in $320M to help NL offshore oil sector
The province is creating an oil and gas sector recovery task force.
Initiative aims to bring more women into chemical, oil and gas sector
Quebec’s chemical, petrochemical, refining and gas industry adopts tools to favour recruiting and integration.
Offshore workers call on government to stabilize industry
Unifor is calling on the federal and provincial government to make strategic investments in the industry.