Monday, 28 April 2025

Canada

AnalysisBuildingsClimate FinanceEconomyEfficiencyElectric Vehicles (EVs)ElectricityEmissionsOpinionPoliticsReportsUtilities

Calculating clean energy household savings for Canadians and how government incentives could help

Canadian households could cut costs and carbon emissions with clean energy solutions, but government incentives are crucial to widespread adoption.

Minister of Environment and Climate Change Steven Guilbeault  joins  Minister of Energy and Natural Resources Jonathan Wilkinson and fellow colleagues as they hold a press conference in Ottawa on Monday, Nov. 4, 2024.  Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being published today by Guilbeault.  THE CANADIAN PRESS/Sean Kilpatrick
Carbon ManagementEmissionsEnvironmentNatural GasNewsOilRegulations

Canada’s oil, gas companies told to cut emissions by one-third under planned cap

Oil and gas producers in Canada to cut greenhouse gas emissions by one-third in eight years under new draft regulations.

A flare stack lights the sky from the Imperial Oil refinery in Edmonton, Dec. 28, 2018. THE CANADIAN PRESS/Jason Frans
BusinessNewsOil

Imperial Oil reports $1.24B third-quarter profit, down from $1.60B a year ago

Imperial Oil Ltd. reported a third-quarter profit of $1.24 billion, down from $1.60 billion in the same quarter last year.

Cenovus Energy Inc. reported its third-quarter profit fell compared with a year as its revenue edged lower.The Cenovus Christina Lake oilsands facility steam-assisted gravity drainage pad southeast of Fort McMurray, Alta., is shown on Wednesday, April 24, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessFuelNewsOil

Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago

The Canadian oil and gas company's profits took a $1 billion hit year-on-year.

Veren Inc. logo is shown in a handout. The company
reported a profit of $277.2 million in its latest quarter compared with a loss a year earlier. THE CANADIAN PRESS/HO
BusinessFuelNewsOil

Veren reports $277.2-million third-quarter profit, trims 2024 production guidance

CALGARY — Oil producer Veren Inc. saw its share price plunge by more than 14 per cent on Thursday, on news that the...

dian Natural Resources Ltd. logo is shown in a handout. The company reported a third-quarter profit of $2.27 billion, down from $2.34 billion in the same quarter last year.THE CANADIAN PRESS/HO
BusinessLiquefied Natural GasNatural GasNewsOil

Canadian Natural Resources reports $2.27-billion third-quarter profit

Product sales totalled $10.40 billion, down from $11.76 billion in the same quarter last year.

Trainees Dan Brook and Bradley Williams are directed by instructor Clint Dyck while training to lay down drill pipe on a rig floor, at Precision Drilling in Nisku, Alta., Jan. 20, 2016. THE CANADIAN PRESS/Jason Frans
BusinessInfrastructureLiquefied Natural GasNewsOilTrade

Precision Drilling expects rig demand growth with LNG Canada startup

Precision Drilling sees record demand from Trans Mountain boost, eyes LNG Canada startup to further lift Canadian drilling.

Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa's exemption of the carbon levy on home heating oil. Smith speaks to reporters during meetings with Canada's other premiers at the Council of the Federation in Halifax on Tuesday, July 16, 2024. THE CANADIAN PRESS/Darren Calabrese
Carbon ManagementCourtsEmissionsEmissions MarketsNatural GasNewsOilPoliticsRegulations

Alberta applies for judicial review of federal carbon price, calls it unfair

Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa's exemption of the carbon levy on home heating oil.

AnalysisEconomyElectionsEmissionsEmissions MarketsOpinionPolitics

Opinion: What should be in a plain-speaking Conservative climate plan

David McLaughlin: Conservatives should move past “axe the tax” and start with an audit of what's working and what isn't in Canadian climate...

The Ontario government is moving to extend its 5.7-cent cut to the gas tax until next summer. Ontario premier Doug Ford holds a press conference at a gas station in Toronto on Tuesday, October 31, 2023. THE CANADIAN PRESS/Nathan Denette
AutomotiveLegislationNewsTransport

Ontario government moves to extend 5.7 cent gas tax cut to June 2025

Premier Doug Ford says his government will soon put forward legislation to keep the tax at nine cents per litre until June 30.

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