oil and gas

Pumpjacks draw oil out of the ground as a deer stands in a canola field near Olds, Alta., Thursday, July 16, 2020. The Canada Energy Regulator says we will still heavily rely on fossil fuels over the next 30 years even with a bigger carbon tax and other new climate change policies. THE CANADIAN PRESS/Jeff McIntosh

Fossil fuels to decline but remain big player in Canada’s energy use by 2050: report

Under the status quo scenario, demand for oil and gas remains relatively stable over the next three years

 

Alberta Premier Jason Kenney arrives for an announcement at a news conference in Calgary, Alta., Tuesday, Sept. 15, 2020. THE CANADIAN PRESS/Todd Korol

Inquiry into oil and gas foes to deliver report next year: Kenney

A lawsuit filed by environmental law firm Ecojustice argues the inquiry is politically motivated

 

Enbridge Inc. revenues plunged to nearly $8 billion, in a July 28, 2020 story. (Photo by THE CANADIAN PRESS)

Enbridge Q2 earnings slip as revenues plunge 40 per cent due to COVID aftermath

Revenues plunged to nearly $8 billion

 

Deutsche Bank says it won’t back an new oilsands or coal projects

Deutsche Bank says it won’t back an new oilsands or coal projects

Deutsche Bank says it won’t back an new oilsands or coal projects

Deutsche Bank says it won’t back an new oilsands or coal projects
An Enbridge oil pipeline in a channel linking two of the Great Lakes was recently damaged, in a July 23, 2020 story. (Photo by THE ASSOCIATED PRESS)

Enbridge says contractor vessels may have damaged pipeline

Environmental groups want pipeline decommissioned

  • Jul 24, 2020
An Enbridge oil pipeline in a channel linking two of the Great Lakes was recently damaged, in a July 23, 2020 story. (Photo by THE ASSOCIATED PRESS)
Precision Drilling Corp. says it lost $48.9 million for the three months ending June 30, in a July 23, 2020 story. (Photo by THE CANADIAN PRESS)

Precision Drilling Q2 loss surges as pandemic weakens demand for oil

$48.9 million lost

Precision Drilling Corp. says it lost $48.9 million for the three months ending June 30, in a July 23, 2020 story. (Photo by THE CANADIAN PRESS)
Setbacks hamper pipeline industry backed by Trump

Setbacks hamper pipeline industry backed by Trump

Setbacks hamper pipeline industry backed by Trump

Setbacks hamper pipeline industry backed by Trump
Alberta justice minister cleared in ethics case tied to oil funding inquiry

Alberta justice minister cleared in ethics case tied to oil funding inquiry

“They were simply acquaintances in Calgary who occasionally communicated”

Alberta justice minister cleared in ethics case tied to oil funding inquiry
U.S. President Donald Trump’s administration gave energy companies hundreds of breaks on payments for oil and gas extraction from U.S. lands and the Gulf of Mexico during the pandemic, in a June 10, 2020 story. (Photo by THE ASSOCIATED PRESS)

Trump administration cuts oil, gas fees in hundreds of cases

Critics argue breaks on fees unnecessary

  • Jun 11, 2020
U.S. President Donald Trump’s administration gave energy companies hundreds of breaks on payments for oil and gas extraction from U.S. lands and the Gulf of Mexico during the pandemic, in a June 10, 2020 story. (Photo by THE ASSOCIATED PRESS)
Alberta’s Opposition leader Rachel Notley called for the head of the province’s energy regulator to resign over the suspension of monitoring in the oil patch, in a June 8, 2020 story. (Photo by THE CANADIAN PRESS)

Alberta First Nations appeal suspension of environmental monitoring in oilpatch

Calls for head of Alberta Energy Regulator to resign

Alberta’s Opposition leader Rachel Notley called for the head of the province’s energy regulator to resign over the suspension of monitoring in the oil patch, in a June 8, 2020 story. (Photo by THE CANADIAN PRESS)

Oil and gas spending estimates adjusted lower as uncertainties persist

Oil and gas spending estimates adjusted lower as uncertainties persist

  • Jun 8, 2020
Biden vowing to rip up Keystone XL approvals if former VP wins White House

Biden vowing to rip up Keystone XL approvals if former VP wins White House

Biden is no stranger to standing in the way of the Calgary-based TC Energy project

Biden vowing to rip up Keystone XL approvals if former VP wins White House
Alberta’s energy regulator said Calgary-based Pieridae Energy’s attempted purchase of the southern Alberta assets from Shell Canada goes against the intent of environmental laws, in a May 14, 2020 story. (Photo by THE CANADIAN PRESS)

Alberta Energy Regulator blocks sale of Shell assets over clean-up concerns

Extent of the contamination unknown

Alberta’s energy regulator said Calgary-based Pieridae Energy’s attempted purchase of the southern Alberta assets from Shell Canada goes against the intent of environmental laws, in a May 14, 2020 story. (Photo by THE CANADIAN PRESS)
Enbridge Inc. reported a first-quarter loss of over one billion, in a May 7, 2020 story. (Photo by THE CANADIAN PRESS)

Enbridge reports $1.43B Q1 loss, moves to cut costs, delay some spending

Loss related to investment in DCP Midstream

Enbridge Inc. reported a first-quarter loss of over one billion, in a May 7, 2020 story. (Photo by THE CANADIAN PRESS)
Imperial Oil Ltd. has reported the death of 50 birds that landed on tailings areas near its Kearl oilsands project in northern Alberta, in a May 5, 2020 story. (Photo by THE CANADIAN PRESS)

Imperial Oil reports deaths of birds that landed on Alberta tailings ponds

Deterrent systems in place

Imperial Oil Ltd. has reported the death of 50 birds that landed on tailings areas near its Kearl oilsands project in northern Alberta, in a May 5, 2020 story. (Photo by THE CANADIAN PRESS)
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, on January 20, 2016. (File photo by THE CANADIAN PRESS)

Precision Drilling reports $5.3M Q1 loss, warns of drop in demand well into 2021

Pandemic and the oil price war to blame

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, on January 20, 2016. (File photo by THE CANADIAN PRESS)
Lobbying in Ottawa hit monthly records amid oil crash and pandemic, stats show

Lobbying in Ottawa hit monthly records amid oil crash and pandemic, stats show

February and March are typically among the heaviest lobbying periods

Lobbying in Ottawa hit monthly records amid oil crash and pandemic, stats show
Crescent Point Energy Corp. further reduced its capital spending plan, as well as its production, in an April 20, 2020 story. (Photo by THE CANADIAN PRESS)

Companies continue cuts in the oilpatch amid low oil prices in wake of pandemic

Oil prices plunged from demand drop

Crescent Point Energy Corp. further reduced its capital spending plan, as well as its production, in an April 20, 2020 story. (Photo by THE CANADIAN PRESS)
Canadian Association of Petroleum Producers CEO Tim McMillan said Canada’s energy sector is facing an unprecedented fiscal assault from a global collapse in oil prices, in an April 17 story. (Photo by THE CANADIAN PRESS)

Freeze carbon tax, delay new climate regs during virus crisis, oil lobby asks

Environmentalists react

Canadian Association of Petroleum Producers CEO Tim McMillan said Canada’s energy sector is facing an unprecedented fiscal assault from a global collapse in oil prices, in an April 17 story. (Photo by THE CANADIAN PRESS)
Global pact forged to contain oil price crash

Global pact forged to contain oil price crash

Countries agree to cut about 9 million barrels a day

Global pact forged to contain oil price crash