Category Archives: Oil&Gas
Alberta releases recovery plans for two threatened caribou herds
EDMONTON — The Alberta government has released recovery plans for two herds of threatened caribou in the province's north that it says will bring the amount of usable habitat on their ranges up to the level required by a deal
Budget 2022: Ottawa unveils $2.6B carbon capture tax credit for energy sector
CALGARY — Ottawa is urging oil and gas companies to move quickly to take advantage of a major new tax credit for carbon capture and storage — a pricey technology that proponents say could play an important role in reducing
‘May not align:’ Guilbeault pens letter to Suncor over oilsands mine expansion GHGs
Federal Environment Minister Steven Guilbeault has warned Canada's biggest oilsands producer that its planned mine expansion may not meet climate targets. In a letter released Wednesday to Mark Little, the head of Suncor Energy Inc., Guilbeault says t...
Leader Jagmeet Singh says New Democrats will support Liberal budget
OTTAWA — NDP Leader Jagmeet Singh has pledged support from his caucus for the 2022 federal budget, saying the Liberals acted "with good faith" by funding key New Democrat priorities such as dental care. Singh said the budget honours the agreement
Federal environment minister approves Bay du Nord oil project off Newfoundland
ST. JOHN'S, N.L. — Federal Environment Minister Steven Guilbeault has approved a controversial new oil project off the coast of Newfoundland with what Ottawa is calling the strongest emissions rules ever imposed. His decision released Wednesday by the ...
Railing against soaring gas prices, Republicans in Congress cite Keystone XL decision
WASHINGTON — Republicans are doing their best to resurrect the controversy around the long-dead Keystone XL pipeline expansion, using it as an election-year political cudgel against Joe Biden in hopes of convincing voters that soaring gasoline prices a...
U.N. report on climate change ‘sobering,’ says Environment Minister Steven Guilbeault
OTTAWA — Environment Minister Steven Guilbeault says a new report from the United Nations' climate agency shows the oil and gas sector "cannot do business as usual" even as the government is still considering approving a massive new offshore oil
U.S. using Defense Production Act to kick-start domestic critical minerals production
WASHINGTON — President Joe Biden brandished one of the biggest weapons in his economic arsenal Thursday in hopes of turning the United States into a leading producer of electric-vehicle batteries and the minerals used to make them. Biden issued an ord...
Biden planning to tap oil reserve to control gas prices
WASHINGTON (AP) — President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to
A brief history of Canada’s climate plans
OTTAWA — Canada has had at least 11 different climate plans and nine emissions targets since 1988. Here's a snapshot of some of them. 1988: Canada hosts a conference in Toronto called Changing Atmosphere: Implications for Global Security, where governm...