Facing the reality of a war where the aggressor, Russia, produces more than 10 million barrels of oil per day (10 per cent of global production) and 40 per cent of Europe’s natural gas, Elon Musk himself has said we need to ramp up petroleum production. In a...
Canada’s Environments and Climate Change Minister Steven Guilbeault doesn’t think Canadian oil could replace Russian oil in global energy markets, according to a story by the National Observer’s Local Journalism Initiative reporter Natasha Bulowski on March 2....
By James Macpherson in Bismarck BISMARCK, N.D. (AP) — North Dakota’s biggest oil driller said Wednesday it will commit $250 million to help fund a proposed pipeline that would gather carbon dioxide produced by ethanol plants across the Midwest and pump it thousands of...
By Lisa Mascaro in Washington WASHINGTON (AP) — Amid the escalating war in Ukraine, House Speaker Nancy Pelosi said Thursday she supports banning Russian oil imports to the U.S., a hefty nod that could strengthen President Joe Biden’s hand as global allies seek...
Canadian Natural Resources Ltd. raised its quarterly dividend by 28 per cent Thursday, as it reported surging fourth-quarter profits against the backdrop of a commodity boom. In a conference call with analysts, CNRL management acknowledged the company is in an...
