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Oil & Gas and Mining News

Wholesale trade falls in May as manufacturing sales tick up: Statistics Canada

Wholesale trade falls in May as manufacturing sales tick up: Statistics Canada

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.8 per cent to $82.2 billion in May.
Alberta to relax rule on buying oil, gas wells if municipal taxes unpaid

Alberta to relax rule on buying oil, gas wells if municipal taxes unpaid

EDMONTON — The Alberta government plans to relax a rule that requires energy companies seeking to buy viable wells from bankruptcy proceedings to first pay all the failed producer's outstanding taxes.
Climate advocacy group calls out property insurers for fossil fuel support

Climate advocacy group calls out property insurers for fossil fuel support

TORONTO — A shareholder advocacy group is calling out Canada's property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters.
Entropy gives formal go-ahead to second carbon capture project

Entropy gives formal go-ahead to second carbon capture project

CALGARY — Entropy Inc. says it has made a final investment decision to go ahead with its second carbon capture and storage project.
Suncor cuts production as wildfire burns out of control near Firebag oilsands site

Suncor cuts production as wildfire burns out of control near Firebag oilsands site

CALGARY — Suncor Energy Inc. says it has temporary curtailed some production after withdrawing all non-essential workers from its Firebag oilsands site in response to a wildfire burning out of control in northern Alberta.
Wildfire burns out of control near Suncor's Firebag oilsands site

Wildfire burns out of control near Suncor's Firebag oilsands site

CALGARY — A wildfire burning out of control in northern Alberta on Thursday prompted Suncor Energy Inc. to withdraw all non-essential workers from its Firebag oilsands site.
More carbon capture projects to be green-lit soon: Natural Resources Minister

More carbon capture projects to be green-lit soon: Natural Resources Minister

CALGARY — Shell Canada's decision last week to greenlight its Polaris carbon capture project is likely just the start of a wave of positive investment decisions by proponents of the emissions-reducing technology, said federal Natural Resources Minist
Competition Bureau to speed development of guidance on new greenwashing rules

Competition Bureau to speed development of guidance on new greenwashing rules

GATINEAU, Que. — The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.
Feds announce $11 million in funding for clean energy projects, mostly in Alberta

Feds announce $11 million in funding for clean energy projects, mostly in Alberta

CALGARY — Eleven clean energy projects, most of which are based in Alberta, have been selected to receive a total of $11 million in federal funding.
FortisBC says all customers now see renewable natural gas on utility bills

FortisBC says all customers now see renewable natural gas on utility bills

SURREY, B.C. — FortisBC says it has become the first utility in North America to automatically designate a portion of its residential customers' natural gas use to renewable natural gas, or RNG.
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