Saturday, 10 May 2025

Focus on Oil

The Syncrude oil sands extraction facility is reflected in a tailings pond near the city of Fort McMurray, Alberta on Sunday June 1, 2014. THE CANADIAN PRESS/Jason Frans
AnalysisBusinessClimateEmissionsEnvironmentNatural GasOilPoliticsRegulationsReports

Alberta Energy Regulator lacks evidence for tailings spill cleanup claims: study

Study reveals Alberta’s oil regulator lacks data to support claims on oilsands tailings spill cleanups, raising concerns.

FILE PHOTO: An Exxon gas station seen in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard/File Photo
BusinessClimateCourtsEmissionsEnvironmentNewsOilPoliticsRegulations

Exxon Mobil sues California attorney general, environmental groups

The lawsuit filed in the federal court in Beaumont, Texas includes a cause of action sounding in libel or slander, court records show.

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.

dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsOilPoliticsRegulations

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

Canadian energy stocks surged Monday as PM Trudeau's resignation spurred optimism in the oil and gas sector.

US President Joe Biden, seen here at the White House on January 5, 2025, said he was putting the protections in place for the sake of future generations (AFP)
BusinessEconomyInfrastructureNatural GasNewsOilPoliticsRegulations

Biden issues major coastal protection before Trump handover

Biden bans new offshore drilling in most U.S. coastal waters, aiming to safeguard coasts before Trump's presidency.

An offshore oil rig is seen as a group of people help clean the beach in Huntington Beach, California, U.S., November 14, 2024.  REUTERS/Mike Blake
ClimateLegislationNatural GasNewsOilPolitics

Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term

U.S. President Biden will ban new oil and gas projects on most U.S. coasts, a move Trump may struggle to reverse.

In this photo taken from video released by Russian Emergency Ministry Press Service on Saturday, Jan. 4, 2025, rescuers and volunteers work to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two weeks ago in the Kerch Strait, in Russia's southern Krasnodar region. (Russian Emergency Ministry Press Service via AP)
EnvironmentFuelNewsOil

Russia-appointed officials in Crimea declare emergency as oil spill reaches Sevastopol

Russia-occupied Crimea declares emergency after oil is detected on the peninsula's largest city.

FILE PHOTO: A volunteer works to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
EnvironmentNewsOilWeather

Russia clears beaches after Black Sea oil spill, declares emergency in Crimea

The oil leaked from two ageing tankers that were hit by a storm on Dec. 15.

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