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Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

FRANKFURT, Germany (AP) — Tensions from the war in Gaza could help accelerate the move away from planet-warming fossil fuels like oil and gas and toward renewable energy, electric cars and heat pumps — similar to how sharp increases in the price of o
Alberta regulator mulls reducing liability of old wells before cleanup certified

Alberta regulator mulls reducing liability of old wells before cleanup certified

The Alberta Energy Regulator is considering allowing oil and gas companies to reduce their environmental liabilities on old well sites before the cleanup is certified complete.
Canada using 'dormant' treaty to sidestep Indigenous rights in U.S.: court documents

Canada using 'dormant' treaty to sidestep Indigenous rights in U.S.: court documents

WASHINGTON — The federal government and Enbridge Inc. are trying to exploit a "dormant" and outdated treaty with the United States to forestall the shutdown of the Line 5 pipeline, human rights and environmental groups argue in new court documents.
Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch this month as energy prices soar

Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch this month as energy prices soar

NEW YORK — Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

A British court ruling frees Nigeria from paying $11 billion in damages over a failed gas project

ABUJA, Nigeria (AP) — A London judge on Monday overturned an arbitration award that would have required Nigeria to pay $11 billion over a failed gas project, finding the contract was obtained through fraud.
Regulator provides its reasons for Trans Mountain route change ruling

Regulator provides its reasons for Trans Mountain route change ruling

CALGARY — The Canada Energy Regulator has released its reasons behind its decision last month to allow Trans Mountain Corp. to go ahead with a pipeline route deviation against the wishes of a B.C. First Nation.
Indigenous ownership of Trans Mountain must be 'material', prospective bidder says

Indigenous ownership of Trans Mountain must be 'material', prospective bidder says

CALGARY — As the federal government begins its efforts to sell the Trans Mountain pipeline, the director of one of the groups seeking to buy a stake says nothing less than "material" ownership by Indigenous people is acceptable if Ottawa is serious a
Carbon capture key to net-zero electricity, but federal timelines too tight: report

Carbon capture key to net-zero electricity, but federal timelines too tight: report

CALGARY — Carbon capture and storage is key to greening Canada's electricity grid, but meeting the proposed time frame laid out by the federal government will be extremely difficult based on the current state of the technology, according to a new rep

Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests

PORTLAND, Ore. (AP) — Federal regulators have approved the expansion of a natural gas pipeline in the Pacific Northwest over the protest of environmental groups and top officials in West Coast states.
Trucking firm Mullen Group reports $39.1M Q3 profit, revenue edges lower

Trucking firm Mullen Group reports $39.1M Q3 profit, revenue edges lower

OKOTOKS, Alta. — Mullen Group Ltd. reported a third-quarter profit of $39.1 million, up from $38.0 million in the same quarter last year as its revenue edged lower.
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