By Amanda Stephenson in Calgary Canadian oil producers have some capacity to immediately increase exports to the U.S., industry insiders and analysts say, but anything they can provide in the short-term won’t be enough to fill the gap left behind by Russia. In...
By Cathy Bussewitz And Matthew Daly in New York NEW YORK (AP) — With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden on Tuesday announced a U.S. ban on imported Russian oil. Critics of...
By Amanda Stephenson in Calgary Indigenous-led groups remain committed to pursuing ownership of the Trans Mountain pipeline, even as cost overruns for the pipeline expansion project soar. Last month, the federal Crown corporation that owns the pipeline revealed...
CALGARY – Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier, helped by higher oil and natural gas prices. The energy company, which suspended its dividend at the start of the COVID-19...
ST JOHN’S – Newfoundland and Labrador will have to wait another 40 days for a federal decision on the fate of a proposed offshore oil project led by Norwegian oil giant Equinor. Ottawa said Friday in a news release that federal Environment Minister...
