Once again, crude oil is suddenly necessary for modern life on the planet. Sorry to all the alternative energy fans and anti-oil activists out there, but it’s true. I’ll never say we shouldn’t seek new options, but the reality is that the existence humanity currently...
Former environment minister Catherine McKenna says the leaders of Canada’s oil industry are figures close to American President Donald Trump who are “taking us for fools” and putting both the economy and environment at risk. Canada’s official...
RBC and Scotiabank say they’re dropping their 2030 targets for reducing financed emissions as governments pull back on climate action and artificial intelligence drives a surge in energy demand. In 2022, RBC set goals to reduce funded emissions for the oil and...
By Lauren Krugel Confidence is waning in a new oil pipeline being chosen for a speedy federal review within the next year, a recent business sentiment survey from ATB Cormark Capital Markets suggests. The investment firm canvassed executives representing 24...
By Lauren Krugel Canadian oil and gas producers are benefiting from the surge in commodity prices driven by the Middle East war, but they say it’s not changing their investment plans in the near-term. It’s too early on in the crisis, triggered in...
