Breaking
-
-
Canada Still Going Strong With Oil Production in 2022
-
After Rejecting EU’s Proposal Germany Calls Nuclear Power “Dangerous”
-
Europe Plans To Declare Nuclear Power and Natural Gas As Green Investments
-
Quebec: New Homes in 2022 Banned From Using Oil Heating
-
Energy Minister: Future Plans of Coal Mining in Alberta Have Been Received
Canadian News
-
By 2025, Oil & Gas Well Clean-up Will Cost $1.1B
According to the Parliamentary Budget Officer (PBO), Canada’s abandoned oil and gas wells would cost $1.1 billion by 2025 to clean it up. In a report shared on Tuesday by the Parliamentary Budget Officer Yves Giroux, 36% of wells in Alberta and Saskatchewan are active right now, lowest number on records. And around 37$ of wells […] More
-
Shell’s Canadian Carbon Capture Plant Emits More Than it Captures
Since its beginning, Shell’s Quest plant in Alberta has been promoted as an example of how Carbon Capture and Storage (CCS) is functioning to drastically cut greenhouse gas (GHG) emissions from the oil sands. However, according to a recent study, the facility is actually emitting more greenhouse gas emission than it captures. Last week, the […] More
-
CAPP Predicts N.L. Offshore Investment Would Remain Stable in 2022
It is predicted that natural gas and oil investment in Canada would rise by 22% in2022, however Newfoundland and Labrador’s offshore is unlikely to play a significant part in that growth, according to CAPP. “Conventional oil and natural gas capital investment for 2022 is forecast at $21.2 billion, up from an estimated $18.1 billion last […] More
-
CAPP: $6B Boost For Canadian Oil & Natural Gas Expected in 2022
According to the Canadian Association of Petroleum Producers (CAPP), natural gas and oil investment would rise by 22% by 2022. Projecting a $6.0 billion increase in investment in the sector reaching $32.8 billion, compared to an estimated total investment of $26.9 billion in 2021. Alberta is predicted to have the greatest percentage increase in investment. The Canadian […] More
-
B.C. Gets Funding of $134 Million For Clean Energy Projects
CleanBC Communities Fund just received fund of $135 million, $73 million coming the government, as announced by Canada’s Natural Resources Minister, Jonathan Wilkinson and B.C. Environment Minister, George Heyman. First Nations and municipal governments, as well as groups working in conjunction with Indigenous or local governments, will benefit from the additional funding. Renewable energy initiatives […] More
-
Record High of Helium in Saskatchewan
Even though only 1% of the world’s helium is produced in Saskatchewan, well behind U.S. and Qatar. The province is experiencing a record high activity in helium exploration as worldwide demand for the gas needed to produce semiconductors and perform medical testing. Last year, the province’s administration introduced additional incentives and credits in an effort […] More
Finance
-
Energy Stocks Lift Toronto Index Two-week Low
At 9:43 a.m. ET (14:43 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 65.38 points, or 0.31%, at 21,105.04. It hit its lowest level since Dec. 21 on Wednesday. The energy sector climbed 3.5% as oil prices rose sharply on escalating unrest in OPEC+ oil producer Kazakhstan and supply outages in Libya. [O/R] […] More
-
-
-
-
-
Historical Crude Oil Chart
International News
Olivia Woods
Press Releases
