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Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. in an agreement that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility. A Shell logo is seen at a gas station in London, on March 8, 2022. THE CANADIAN PRESS/AP/Frank Augste
BusinessCarbon ManagementFuelLiquefied Natural GasNewsOil

Shell exits oilsands, boosts stake in Scotford upgrader and Quest carbon facility

The deal will boost Shell's interest in the upgrader and carbon capture facility to 20 per cent.

Jennifer Williams, CEO of NL Hydro, speaks with John Abbott, minister of housing, during a debate in the House of Assembly, in St. John's, Tuesday, Jan. 7, 2025.  THE CANADIAN PRESS/Paul Daly
ElectricityHydropowerIntertiesNewsPolitics

Newfoundland and Labrador appoints team to broker final energy deal with Quebec

ST. JOHN’S, N.L. — Newfoundland and Labrador’s government has appointed a team for the next round of negotiations with Hydro-Québec, as the provinces’...

A flare stack burns off excess gas at a processing facility near Crossfield, Alta., June 13, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNews

Manitoba regulator approves hikes in natural gas, northern propane rates

WINNIPEG — Manitobans are going to pay a bit more for natural gas as well as propane used for home heating. The province’s...

dian Natural Resources Ltd. logo is shown in a handout. Oil and gas giant Canadian Natural Resources Ltd. says it plans to boost its overall production by 12 per cent in 2025. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

CNRL to boost oil, gas output by 12 per cent in 2025

Oil and gas giant Canadian Natural Resources Ltd. says it plans to boost its overall production by 12 per cent in 2025.

Total Energy Services Inc. says it is planning $61.9 million in capital spending for 2025.The company's logo is shown in a handout. THE CANADIAN PRESS/HO
BusinessEconomyIndustryInfrastructureNatural GasNewsOilRegulations

Total Energy Services plans $61.9 million in capital spending for 2025

Total Energy to spend $61.9M in 2025 on Canadian rig upgrades, gas compression, and carry forward $16.6M from 2024.

Alberta Premier Danielle Smith speaks at a news conference in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessEconomyInfrastructureNatural GasNewsOilPoliticsRegulationsTransmission

Alberta announces new effort to expand oil and gas pipeline capacity with Enbridge

Alberta partners with Enbridge to boost oil exports, streamline regulations, and expand pipeline capacity to the U.S.

The Suncor Energy Centre picture in downtown Calgary, Alta., Friday, Sept. 16, 2022.THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNewsOil

Suncor broke records for oil production in 2024, company says

Suncor Energy sets new records in 2024 with 827,000 barrels/day production, boosted by Trans Mountain pipeline expansion.

The West Pubnico Point wind farm is seen in Lower West Pubnico, N.S., on Monday, Aug. 9, 2021.  THE CANADIAN PRESS/Andrew Vaugh
BusinessEconomyElectricityFinanceIndustryNewsWind

Nova Scotia paper mill to be powered by wind farm with financing from federal agency

Cape Breton paper mill secures $224M federal loan for Goose Harbour wind farm, meeting 60 per cent of its power needs by 2026.

The corporate logo of Pembina Pipeline Corp. is shown. THE CANADIAN PRESS/HO
BusinessInfrastructureNatural GasNews

Pembina completes acquisition of stake in Whitecap assets

Pembina Gas Infrastructure completes a $420M acquisition of a 50 per cent stake in Whitecap’s Kaybob gas processing facility.

rude oil tankers are seen docked at the Trans Mountain Westridge Marine Terminal in Burnaby, B.C., on Monday, June 10, 2024. THE CANADIAN PRESS/Darryl Dyck
AviationBusinessEnvironmentFuelLabourMaritimeNewsTransmission

Union for striking aviation fuel workers in Vancouver says aging pipeline poses risk

Union representing striking aviation fuel workers in Vancouver warns diverting the fuel around the industrial action could pose an environmental hazard.

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