Wednesday, 5 February 2025
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Amanda Stephenson

The Pickering Nuclear Generating Station, in Pickering, Ont., is seen on Sunday, Jan. 12, 2020. THE CANADIAN PRESS/Frank Gunn
ElectricityNewsNuclear PowerPoliticsSmall Modular Reactors

Ontario’s first new nuclear reactor in a generation heads to public hearing

Ontario Power Generation is seeking approval to build Canada’s first grid-scale small modular nuclear reactor by 2029.

Some Canadian CEOs say the hundreds of billions of dollars the United States is offering in subsidies for the energy transition is causing a worrisome brain drain of some of this country's top talent. The CEO of Canadian fertilizer giant Nutrien Ltd. Ken Seitz, is shown in this handout image.
THE CANADIAN PRESS/HO-Nutrien Ltd **MANDATORY CREDIT**
BusinessEconomyElectric Vehicles (EVs)LegislationNuclear PowerPoliticsRegulationsSolarStorageWind

CEOs warn US energy transition subsidies are driving brain drain and investment out of Canada

Canadian CEOs warn that U.S. subsidies from the Inflation Reduction Act are driving a brain drain and investment south.

In the absence of public communication from the Pathways Alliance, a clean energy think-tank says the oilsands industry group is running out of time to deliver on its emissions reduction promises. An oilsands facility is reflected in a tailings pond near Fort McMurray, Alta., on July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh
BusinessCarbon ManagementClimateEmissionsLegislationNewsPoliticsRegulations

Pressure still on oilsands sector despite silence after greenwashing law: think tank

Proposed Pathways Alliance carbon capture project should still go ahead, say researchers, after company keeps quiet since imposition of Competition Act.

The Bay Street financial district of Toronto is shown on Sunday Set. 8, 2024. A new report says the proportion of Canadian business leaders who worry about climate change rose dramatically this year. THE CANADIAN PRESS/Doug Ives
BusinessClimateEconomyEmissionsEnvironmentIndustryNewsReportsResiliencyWeather

Canadian CEOs worry about climate change ‘all or most of the time’: survey

Canadian business leaders' climate concerns surge, with 85% now worried, up from 59% last year, Deloitte survey finds.

TC Energy signage is seen at the company's headquarters in Calgary, Alta., Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessIndigenousNatural GasNews

TC Energy says sale of minority stake in pipeline to Indigenous groups is delayed

$1bn agreement to sell stake in natural gas infrastructure to Indigenous communities delayed due to 'transaction structuring issues'.

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. A newly released ranking of the Toronto Stock Exchange's top performers shows investors continue to be attracted to companies at the forefront of the energy transition. THE CANADIAN PRESS/Darren Calabrese
BusinessCritical MineralsEconomyElectricityFuelInfrastructureIntertiesMineralsMiningNatural GasNewsOilTransmission

Energy transition the big theme among the TSX’s top performers

Mining, electrical infrastructure and more make up the majority of Toronto Stock Exchange as energy transition turns into big business.

Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc. has signed a deal to buy a group of midstream assets from Veren Inc. for $400 million.
PGI is owned by Pembina Pipeline Corp. and private equity firm KKR. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureLiquefied Natural GasNatural GasNews

Pembina Gas Infrastructure signs $400M deal to buy midstream assets from Veren

PGI will acquire four batteries in the Gold Creek and Karr areas, which handle natural gas and liquids.

dian drivers are enjoying cheaper gas prices heading into fall. A gas station is seen in Toronto, on Thursday, April 18, 2024.THE CANADIAN PRESS/Chris Young
EconomyNewsOil

Drivers see cheaper prices at the pump as crude oil slumps

Canadian gas prices drop over 10 cents from August as oil prices see their biggest weekly slump since last October.

This photo provided by the U.S. Department of Energy shows a section of the Strategic Petroleum Reserve facility in West Hackberry, La. Wednesday, Sept. 9, 2020. The petroleum industry has long used underground cavities for the safe storage of hydrocarbons. THE CANADIAN PRESS/HO-U.S. Department of Energy via AP
FuelHydrogenNews

Green energy projects eye underground salt caverns as key to hydrogen storage

Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on...

A gas-lit flame burns on a natural gas stove on Tuesday, March 26, 2024. (AP Photo/Richard Vogel)
News

Tourmaline signs $1.3-billion deal to buy Crew Energy

CALGARY — Tourmaline Oil Corp. continues to snap up natural gas assets, this time with a $1.3-billion deal that will see it acquire...

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