Category Archives: Oil&Gas
Canada joins pledge to end public fossil fuel finance, shift resources to renewables
Canada has joined the United States, United Kingdom and 21 other countries in a historic deal to stop new direct public finance for coal, oil and gas development by the end of 2022 and shift investment to renewable energy. "It's a
Alberta, with largest oil industry, sends fewer to COP than any other energy province
EDMONTON — The province with Canada's largest oil and gas industry has sent one of the country's smallest delegations to the COP26 international climate conference where emissions from that sector are under scrutiny. It's a missed opportunity, said on...
Oilpatch leaders fear ‘reckless’ move as Trudeau commits to emissions cap on sector
CALGARY — The federal government must work co-operatively with industry as it looks to draft an emissions cap for the oil and gas sector, Alberta business leaders said Monday, or risk far-reaching consequences for the Canadian economy. In an interview ...
Alberta tables bill to help municipalities recoup unpaid oil and gas property taxes
EDMONTON — The Alberta government has introduced legislation that it says would help municipalities recoup some of the millions of dollars in unpaid property taxes they're owed by energy companies. "It's a legal resource where the (municipalities) can ...
Canada leads G20 in financing fossil fuels, lags in renewables funding, report says
Canadian fossil fuel producers receive more public financial support than any in the developed world, according to a new analysis. And compared to subsidies for oil, gas and coal, renewable energy gets less government help in Canada than in any other
Line 5 dispute ‘directly and significantly’ impacting Canada-U.S. relations: Enbridge
WASHINGTON — Michigan's efforts to shut down Enbridge Inc.'s Line 5 cross-border pipeline have "directly and significantly" impacted the relationship between Canada and the United States, the company argues in new court documents. Lawyers for Enbridge...
Alberta inquiry finds no wrongdoing in anti-oilsands campaign despite foreign funds
EDMONTON — Canadian environmental groups were exercising their democratic rights of free speech when they accepted foreign funding for campaigns opposing oilsands development, a public inquiry has reported. However, Alberta Energy Minister Sonya Savage...
Report shows fossil fuel production out of step with government climate commitments
EDMONTON — Governments around the world expect to produce twice as much fossil fuels as their climate commitments would allow, a new international report has found. "When you add up (predictions) for fossil fuel production, they're way higher than what...
International Energy Agency forecasts decline in Canadian oil demand coming
OTTAWA — Environment groups in Canada say governments and the oil and gas industry can no longer pretend there is an economic case for expanding oil production after the latest international energy forecast suggests demand for Canada’s oil will fall
Canada leads world with pledge to curb methane leaks from oil and gas sector
OTTAWA — Canada is nearly doubling its target to cut methane emissions from the oil and gas sector as it prepares to sign a new global pledge at next month's climate talks in Scotland. The colourless and odourless gas amounts to