Monday, 20 January 2025

Focus on Oil

Environment and Climate Change Minister Steven Guilbeault arrives to a caucus meeting on Parliament Hill in Ottawa, Wednesday, Nov. 27, 2024. THE CANADIAN PRESS/Sean Kilpatrick
ClimateEconomyEmissionsEnvironmentLegislationNatural GasNewsOilPoliticsRegulations

Alberta’s pledge to take over ownership of emissions data ‘irresponsible’: Guilbeault

Alberta's emissions data plan risks federal law breaches, says Minister Guilbeault, calling Premier Smith's approach "irresponsible."

Kert Davies poses for a portrait in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard
BusinessEmissionsEnvironmentNatural GasNewsOilPoliticsRegulations

Exxon lobbyist investigated over hack-and-leak of environmentalist emails, sources say

The operation involved mercenary hackers who successfully breached the email accounts of environmental activists and others, sources said.

FILE PHOTO: The BNP Paribas logo is seen at a branch in Paris, France, February 4, 2020. REUTERS/Benoit Tessier/File Photo
BusinessEmissions MarketsFinanceNatural GasNewsOil

BNP Paribas’ fund arm to exclude new oil and gas bonds

BNP Paribas AM to halt investment in new bonds of oil and gas firms, urging transitions to sustainable energy models.

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada.
ElectionsNewsOilTrade

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Canada and Mexico may cut prices and shift oil supply to Asia if Trump enacts 25% U.S. crude import tariffs.

United Conservative Party Leader Danielle Smith addresses party members at their annual meeting in Red Deer, Alta., on Nov. 2, 2024. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyEmissionsNatural GasNewsOilPoliticsRegulations

Alberta takes aim at GHG emissions cap, proposes rules on trespass and data gathering

Alberta Premier Danielle Smith says her government is eyeing a number of steps to challenge the proposed federal greenhouse gas emissions cap.

BiodiversityClimateEmissionsEnvironmentMiningNatural GasNewsOilResiliency

Biden’s public lands director named to lead environmental group

Tracy Stone-Manning, Biden's Bureau of Land Management director, named president of The Wilderness Society starting February.

FILE PHOTO: U.S. President-elect Donald Trump speaks as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. REUTERS/Brian Snyder/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Trump plans no exemption for oil imports under new tariff plan, sources say

Trump's 25 per cent tariffs on Canadian and Mexican imports will include oil, despite concerns over energy price spikes.

FILE PHOTO: Pumpjacks and oil wells are seen at the Inglewood Oil Field in Culver City, the largest urban oil field in the United States, in California, U.S., March 10, 2022. Picture taken March 10, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
BusinessEconomyLegislationNatural GasNewsOilPoliticsRegulationsTrade

US energy lobbying groups wary about Trump tariffs threat

U.S. oil and gas groups express concern over Trump's tariff threat on Canada and Mexico, warning of potential industry impacts.

COP29 President Mukhtar Babayev is seated, delivering a speech, with two attendants visible behind him.
Climate FinanceEmissionsEnvironmentNatural GasNewsOilUnited Nations

COP29 president blames rich countries for ‘imperfect’ deal

The contentious deal on Sunday saw wealthy polluters pledge $300B annually to support developing countries.

Drilling rigs operate at sunset in Midland, Texas, U.S.
ElectionsNatural GasNewsOil

US oil producers unlikely to shift to ‘drill, baby, drill’ mode, says Exxon executive

Trump pledged to boost U.S. domestic oil and natural gas output — but producers remain focused on capital discipline.

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