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Energy interests and environmentalists fight Biden oil lease plan from different sides

NEW ORLEANS (AP) — The Biden administration’s plan to protect an endangered species of whale by scaling back an auction of oil and gas drilling leases in the Gulf of Mexico is being challenged by the oil industry, even as environmentalists go to court to stop...

Saskatchewan funds nuclear specialist for supply chain development of small modular reactors via SIMSA

SASKATOON – As the federal government’s recently released draft Clean Electricity Regulations make coal-fired power, even with carbon capture, all but impossible, and will require almost perfect carbon capture on natural gas-fired power generation. As a result,...

Nemeth Report Podcast: ESG on steroid? ISSB standards are coming to Canada

The topic of this episode is the International Sustainability Standards Board (ISSB) and the newly released IFRS S1-sustainability and IFRS S2-climate-related financial disclosure standards that Canada is determined to implement. Canada has created a Canadian...

Crescent Point is getting out of the North Dakota Bakken with $675 million sale

  CALGARY – Crescent Point Energy Corp. is selling off its North Dakota assets to a private operator for US$500 million (approximately C$675 million) in cash. It’s a move that follows Crescent Point’s growing focus on Alberta production in the Duvernay...

TC Energy seeks approval for potential minority interest sale of NGTL system

By Amanda Stephenson TC Energy Corp. has applied for regulatory approval for a potential minority interest sale of its Nova Gas Transmission Ltd. (NGTL) system, one that could include possible participation from Indigenous groups. No transaction has been announced,...
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