Oil & Gas and Mining News

TORONTO — Toronto city council has taken a step toward banning misleading fossil-fuel advertising on city property, building on federal anti-greenwashing rules and a similar proposal approved by the city's transit agency.

EDMONTON — O'Reilly Oilfield Services Ltd. has been fined $90,000 after pleading guilty to one count of failing to protect the health and safety of workers under its supervision.

TORONTO — Finance Minister Chrystia Freeland said Wednesday that the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce.

TORONTO — The Toronto financial sector's emissions impact is much more than what is self-declared, says a new report that urges the city to push for more climate action from the industry.

OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $1.1 billion in August as lower oil prices weighed on exports. The agency said Tuesday the result compared with a revised deficit of $287 million in July.

CALGARY — Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion.

As pressure grows on the oil and gas sector to reduce its emissions, one Calgary-based company is banking on the potential to convert waste gas from oil wells into valuable electricity for nearby communities.

CALGARY — Cement producer Lafarge Canada Inc. says it has installed a new facility at its Exshaw, Alta., plant that will use construction waste to reduce the plant's reliance on fossil fuels.

CALGARY — Enbridge Inc. continues to invest in the U.S.

CALGARY — The coming boom in artificial intelligence represents both a threat and an opportunity for the clean energy transition, market experts suggest.