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Cenovus CEO says future of energy is ‘diversification’, not ‘transition’

CALGARY — The clash between the world’s thirst for energy and the need to reduce emissions to mitigate climate change is the single biggest issue facing Cenovus Energy Inc. right now, the chief executive of the Calgary-based company said Tuesday. Alex Pourbaix...

U.K.-style ‘windfall tax’ an unacceptable idea: Alberta energy minister

By Amanda Stephenson in Calgary As governments around the world grapple with how best to assist citizens with the rising cost of living, Alberta’s energy minister is warning that anything resembling the U.K.’s so-called “windfall tax” on the...

Taxes potentially uncollected: Saskatchewan years behind on potash, oil audits

REGINA — The Saskatchewan Ministry of Energy and Resources is years behind on auditing potash, oil and uranium companies, potentially leaving millions of dollars in royalties and taxes uncollected, says the provincial auditor. As of March 2021, there were 101 audits...

New Ukraine ambassador calls European energy crisis an opportunity for Canada

Ukraine’s new ambassador to Canada issued a call Wednesday to Canadian oil and gas companies to help in the fight against Russia by entering and expanding into the European market. Yulia Kovaliv made the remarks at the Global Energy Show in Calgary, one day...

Alberta First Nations want consultation, benefits from oilsands carbon storage plans

EDMONTON — Several Alberta First Nations have told the province’s government and energy industry that they must be consulted and share in the benefits of carbon capture projects near their lands that are crucial to making the oilsands more climate friendly....
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