Focus on Oil
Equinor buys 9.8% stake in wind developer Ørsted
The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.
Canadian Natural Resources buys Chevron’s Alberta assets for US$6.5B
Canadian Natural Resources to acquire Chevron's oil sands and shale assets, boosting its stake and cash flow in Alberta.
BP drops oil output target in strategy reset: sources
Murray Auchincloss, the Canadian CEO of BP, is scaling back the firm's energy transition strategy to regain investor confidence, sources tell Reuters.
Waste gas from oil drilling sites to help power Canada’s electricity grid
With rising pressure to cut emissions, a Calgary company aims to turn waste gas from oil wells into electricity for 100,000 Canadian homes.
European shares open flat, set for worst week in one month
European shares inched up, led by energy stocks as oil prices rose, but remain on track for their worst week since early September.
Canada’s early emissions estimate for 2023 shows modest decline, but oil and gas emissions undermine progress
Progress on reducing emissions is possible, but hitting Canada's 2030 target requires that governments build on policy momentum.
Enbridge to build new oil and natural gas pipelines in Gulf of Mexico
The crude oil pipeline, named the Canyon Oil Pipeline System, will have a capacity of 200,000 barrels per day.
Trump and Harris have clashing records on clean energy, but the clean power shift is too broad for any president to control
Opinion: Whatever policies the next president sets, U.S. energy trends will depend largely on market forces.
TotalEnergies plans to grow oil and gas production until 2030
TotalEnergies plans to boost oil and gas output by three per cent annually until 2030, focusing on LNG and renewable electricity growth.
US energy companies’ shares rise as Middle East crisis sparks supply fears
U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.
