Monday, 5 May 2025

Focus on Trans Mountain

rude oil tankers are seen docked at the Trans Mountain Westridge Marine Terminal in Burnaby, B.C., on Monday, June 10, 2024. THE CANADIAN PRESS/Darryl Dyck
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Union for striking aviation fuel workers in Vancouver says aging pipeline poses risk

Union representing striking aviation fuel workers in Vancouver warns diverting the fuel around the industrial action could pose an environmental hazard.

Suncor Energy Inc. says it will increase oil output next year by up to five per cent and lower costs from its oilsands assets.Pipes lead to a processing unit at Suncor Fort Hills facility in Fort McMurray Alta., on September 10, 2018.THE CANADIAN PRESS/Jason Frans
BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsOilTrade

Suncor to increase oil and gas output by up to five per cent in 2025

Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...

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Athabasca Oil Announces 2025 Budget Focused on Cash Flow Per Share Growth and Directing 100% of Free Cash Flow to Shareholder Returns

CALGARY, Alberta, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce its 2025...

FILE PHOTO: Canada's Minister of Energy and Natural Resources Jonathan Wilkinson speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada September 24, 2024. REUTERS/Blair Gable/File Photo
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Ottawa must ensure Trump understands importance of Canadian oil to US, minister says

Analysts say tariffs on oil from Canada, top crude supplier to the United States, would drive up fuel prices for Americans.

A silhouette of an oil pump jack extracting oil in an open field.
Liquefied Natural GasNatural GasNewsOilPoliticsTrade

US dependence on Canada’s oil should deter Trump tariffs, industry says

Energy experts of Canada, the world's fourth-largest oil producer, expect no U.S. tariffs under Trump.

The Parliamentary Budget Officer estimates the Trans Mountain pipeline is worth less than it cost to build in an updated assessment of the controversial project. In this photograph taken with a drone, the Trans Mountain Burnaby Terminal tank farm is seen in Burnaby, B.C., on Thursday, April 4, 2024. THE CANADIAN PRESS/Darryl Dyck
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Ottawa faces potential loss if Trans Mountain pipeline sold, say advisors

The pipeline could be worth between $29.6 billion and $33.4 billion.

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International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results

TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and...

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International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and...

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Athabasca Oil Announces 2024 Third Quarter Results Highlighted by Strong Free Cash Flow and Continued Execution on Share Buybacks

CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its third...

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