Canadian oil and gas CEOs testify before Commons environment committee
Canada's federal government has proposed a legislated cap on emissions from the oil and gas sector, something the industry opposes.
Canadian banks directed over US$100 billion to oil and gas last year: report
Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual...
Banks ‘financed fossil fuels by £5.5tn since Paris Agreement’
The banks, which include UK giants like Barclays and HSBC, committed 705 billion dollars (£562 billion) in financing to fossil fuels in 2023
Enbridge says carbon storage project still alive in spite of Capital Power decision
Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of...
MEG Energy says Trans Mountain expansion will boost Canadian oil prices ‘for years’
Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come.
Enbridge selects contractors for its Great Lakes Tunnel Project
The Great Lakes Tunnel will link Michigan's peninsulas, providing a secure route for Enbridge's Line 5 pipeline.
As shale oil gains slow, deepwater port struggles for customers
Regulatory delays, slowing production and high prices leave Texan shale oil port scrambling for business.
Reconsider Enbridge Line 5 pipeline shutdown order: Biden administration
The Biden administration has urged a U.S. appeals court to tell a lower court to rethink its order that would require Canadian operator...
Calgary’s Pembina Pipeline closes Alliance, Aux Sable purchases; raises guidance
Pembina Pipeline Corp. says it has closed its previously announced $3.1B purchase of Enbridge Inc.’s stakes in the Alliance pipeline, Aux Sable gas...
Enbridge joint venture to connect Permian Basin natural gas to U.S. Gulf Coast
CALGARY — Pipeline giant Enbridge Inc. has signed a deal to form a joint venture to help connect Permian Basin natural gas to...
