Focus on Business
RBC raises renewable funding target, reports little progress on oil and gas emissions
TORONTO — Royal Bank of Canada says it plans to ramp up its renewable energy funding as it also reported little progress on...
Government extends windfall tax on oil and gas companies
The windfall tax on oil and gas companies will be extended for another year as higher oil and gas prices look likely to...
Enbridge to expand Gray Oak pipeline, grow export terminal in Texas
CALGARY — Enbridge Inc. has announced about US$500 million in spending on new projects to grow its business in the U.S. including its...
Shell faces calls to safely decommission old assets before Nigeria exit
By Seun Sanni LAGOS (Reuters) – Nigeria needs to ensure that Shell safely dismantles its old infrastructure or pays to remove them from...
UN-backed bank group seeks to avoid departures with new climate guidelines
LONDON/NEW YORK – A United Nations-backed alliance of banks is proposing its members disclose more information on their commitments to tackle climate change...
Energy regulator approves Enbridge tolling deal for Mainline pipeline system
CALGARY — Enbridge Inc. says the federal energy regulator has approved the tolling deal for its Mainline pipeline system. It’s the latest milestone...
EDF wind farm to pay £5.5m for overcharging grid
A wind farm majority owned by energy company EDF will pay £5.5 million into a fund designed to help vulnerable customers after regulator...
