Tuesday, 4 February 2025

Focus on Fuel

The Suncor Firebag oilsands facility seen from a helicopter near Fort McMurray, Alta., on July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh
BusinessClimateFuelNewsOil

Suncor cuts production as wildfire burns out of control near Firebag oilsands site

Suncor says the facility will be kept in a state that maintains readiness to resume full operations as soon as possible once it...

Ottawa says it has approved Teck Resources Ltd.'s sale of a majority stake in its steelmaking coal business to Swiss commodities giant Glencore. The Teck Resources logo is seen on a podium before the company's special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. THE CANADIAN PRESS/Darryl Dyck
BusinessCoalFinanceFuelIndustryManufacturingNews

Ottawa approves sale of Teck’s steelmaking coal business to Glencore

Ottawa says it has approved Teck Resources sale of a majority stake in its steelmaking coal business to Swiss commodities giant Glencore.

FILE PHOTO: An Emirati woman arrives to ADNOC's Yash Social Center in Ruwais, United Arab Emirates May 14, 2018. REUTERS/Christopher Pike/File Photo
BusinessFinanceFuelLiquefied Natural GasNews

ADNOC’s Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say

Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors

FILE PHOTO: The Shell logo is seen on a pump at a Shell petrol station in London January 30, 2014.REUTERS/Suzanne Plunkett /File Photo
BiofuelsBusinessFuelNews

Shell to take up to $2 billion writedown on Singapore and Rotterdam plants

Shell will take an impairment charge of up to $2bn after the sale of its Singapore refinery and pausing construction of its biofuel...

FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar November 20, 2012. REUTERS/Arnd Wiegmann//File Photo
BusinessCoalFinanceMineralsMiningNatural GasNewsPolitics

Canada approves Glencore takeover of Teck coal unit, with conditions

Ottawa has approved Glencore's acquisition of miner Teck Resources' steelmaking coal unit with strict conditions to preserve jobs.

BusinessClimateIndustryInfrastructureNewsOil

Suncor oil sands site shut because of nearby wildfire: Alberta minister

Suncor Energy has shut down the 215,000 bpd project as a precaution due to a wildfire burning about eight kilometres away.

Natural Resources Minister Jonathan Wilkinson speaks during a press conference in Ottawa, Tuesday, May 7, 2024. Wilkinson says he expects between 20 and 25 commercial-scale carbon capture and storage projects to break ground in Canada within the next decade.THE CANADIAN PRESS/Sean Kilpatrick
Carbon ManagementClimateEmissionsInfrastructureNewsPoliticsStorage

More carbon capture projects to be green-lit soon: Canada’s Natural Resources Minister

Minister Wilkinson says he expects between 20 and 25 commercial-scale carbon capture and storage projects to break ground in Canada within the next...

The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.The government's Competition Bureau website is pictures on a mobile phone and laptop screen in Ottawa on Monday, Oct. 2, 2023. THE CANADIAN PRESS/Sean Kilpatrick
BusinessClimateEmissionsFuelLegislationNatural GasNewsOilPoliticsRegulations

Competition Bureau to speed development of guidance on new greenwashing rules

The Competition Bureau says it will speed the development of guidance on new provisions in the Competition Act aimed at greenwashing

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.   REUTERS/Chris Helgren/File Photo
Critical MineralsFuelMineralsNewsOilPoliticsTrade

Resource shares help lift TSX to near 5-week high

Energy also gained ground, rising 0.3%, as the price of oil increased 0.2% to $84.06 a barrel.

File Photo: A road and the Trans Alaska Pipeline run over the tundra in northern Alaska March 17, 2011.  REUTERS/Lucas Jackson/File Photo
FuelLegislationNatural GasNewsOilPoliticsRegulations

Alaska sues to challenge new NPR-A oil and gas leasing rules

(Reuters) – The state of Alaska on Wednesday said it has filed a lawsuit challenging new federal regulations imposed for oil and gas...

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