Category Archives: Oil&Gas
Transition documents suggest Biden plans Day 1 order rescinding Keystone XL permit
WASHINGTON — One of Joe Biden's first actions once he becomes U.S. president Wednesday will be to slam the door yet again on Canada's politically fraught Keystone XL pipeline expansion, transition documents suggest. The documents, seen by The Canadian...
Newfoundland’s Hibernia offshore oil project gets $38 million in federal aid
ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says the $38 million his government is giving the Hibernia offshore oil project will protect about 148 jobs over 18 months. Furey made the announcement today, saying the money comes fro...
Newfoundland’s Hibernia offshore oil project gets $38 million in federal aid
ST. JOHN'S, N.L. — Newfoundland and Labrador is giving $38 million to the Hibernia offshore oil project in a bid to protect 148 jobs over 18 months. Premier Andrew Furey said Wednesday the money will create 300,000 hours of work on
Dawn of Biden era offers new opportunities, old challenges for Canada-U.S. relations
WASHINGTON, D.C. — If Donald Trump has anything in common with Canada, it might be this: a shared craving for the attention of the American people that at times can border on the pathological. Both could go through withdrawal symptoms in
Builders laud green grants, but warn that Liberal climate plan could hike home costs
The Liberal government’s new $15-billion climate action plan includes welcome incentives for green renovations, the Canadian Home Builders’ Association said Monday. But the CHBA also warned that regulators must be careful not to raise housing costs too...
‘It can no longer be free to pollute:’ Updated climate plan includes carbon tax hikes
OTTAWA — The federal government has released a $15-billion plan to meet its climate change commitments that includes steady increases to its carbon tax in each of the next 10 years."It can no longer be free to pollute anywhere in
Enerkem and partners to spend $876 million to build biofuels plant in Quebec
VARENNES, Que. — Enerkem and a group of partners, including Shell, Suncor Energy Inc. and Hydro-Quebec plan to spend $876 million to build a biofuel production plant in Quebec from non-recyclable residual materials and wood waste. Varennes Carbon Recyc...
Future value of Trans Mountain pipeline rests on Liberals’ climate plans, PBO says
OTTAWA — The federal government could end up losing money on the Trans Mountain pipeline if it further tightens its climate policy and ends up decreasing demand for Canadian oil, the parliamentary budget officer says.The federal government bought the p...
Environmental groups keep fighting KXL despite Biden’s promise to block pipeline
WASHINGTON, D.C. — Critics of Canada's most controversial cross-border pipeline projects aren't taking their demise for granted under president-elect Joe Biden. A new report from the U.S.-based Rainforest Action Network says two of them — Keystone XL ...
Denmark to end oil, gas extraction in North Sea
COPENHAGEN — Denmark has decided to end all oil and gas activities in the North Sea by 2050 and has cancelled its latest licensing round, saying the country is "now putting an end to the fossil fuel era.” The Danish Parliament