by Elaine Kurtenbach in Bangkok BANGKOK (AP) — Oil prices soared nearly 6% on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed. U.S....
CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares. The company is acquiring the assets from a group of portfolio companies of funds managed by EnCap...
SaskPower is intent on building out a further 3,000 megawatts on wind and solar power, in addition to the 617 megawatts of grid-scale wind and 30 megawatts of grid scale solar already in place. That would make a total of 3,647 megawatts, if all built. So what would it...
Quick Dick McDick chose to release this on April 1, April Fool’s Day. Why? Because that’s the day the federal carbon tax went up, again, this time by $15 per tonne to $65 per tonne of CO2 equivalent. (That’s a 30% increase, if you were...
WASHINGTON — As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests. The report, to be released Monday by...
