Wednesday, 5 February 2025

Focus on Oil

Natural GasNewsOil

As Congo seeks to expand drilling, some communities worry pollution will worsen

The Congolese government is offering fossil fuel extraction opportunities at auction, but impoverished locals are afraid it will cause damage to the landscape...

FuelNewsOil

Canadian Natural Resources hits record oil production amid rising U.S. demand

Canadian Natural Resources Ltd. drew on its abundant reserves to set a slew of production records last quarter, boosting its bottom line by...

BusinessNewsOilPolitics

Panel upholds Alberta regulator’s orders against embattled energy company

CALGARY — A hearing panel for Alberta’s energy regulator has upheld two orders against a company that had thousands of inactive oil and...

BusinessNewsOil

Alberta rural municipalities say $43M in energy industry taxes went unpaid last year

Alberta’s rural municipalities say some energy companies are still failing to pay millions of dollars in taxes. A survey from Rural Municipalities of...

EnvironmentNewsOil

Oil spill from capsized barge near Tobago has reached beaches hundreds of miles away, officials say

SAN JUAN, Puerto Rico (AP) — An offshore oil spill that prompted Trinidad and Tobago to declare a national emergency earlier this month...

BusinessEnvironmentNewsOil

Activists urge Nigeria to delay Shell’s sale of assets in polluted region over environmental worries

ABUJA, Nigeria (AP) — Local activists and international environmental groups want Nigeria’s government to delay approving the sale of oil company Shell’s onshore...

BusinessLiquefied Natural GasNatural GasNewsOil

Trans Mountain’s latest cost estimate climbs 10 per cent, regulatory filing shows

CALGARY — A new regulatory filing shows the company behind the Trans Mountain pipeline expansion now estimates the project’s costs will come in...

BusinessNewsOil

CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CALGARY — The industry group representing Canada’s oil and gas producers says capital investment in the sector will edge slightly higher in 2024....

EnvironmentNewsOil

Tobago oil spill reaches Bonaire, threatening mangrove and coral ecosystems

By Marianna Parraga and Tibisay Romero (Reuters) -The Caribbean island of Bonaire said that oil from a spill near neighboring Tobago had reached...

BusinessNewsOil

Irving Oil president to step down as company undergoes strategic review

FREDERICTON — The president of Irving Oil is stepping down as the company undergoes a strategic review that includes the possible sale of...

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