CALGARY — Suncor Energy Inc. says it expects its production next year to rise about five per cent compared with 2021. The Calgary-based company says it expects production next year to be 750,000 to 790,000 barrels of oil equivalent per day. Suncor says the production...
CALGARY — Alberta will let its oil production curtailment policy expire on Dec. 31. UCP Energy Minister Sonya Savage says the province has not set production limits on the oil industry since December of 2020. She said the government’s power to curtail oil...
CALGARY — A new forecast says Canada is on track for a significant reduction in fossil fuel use by 2050, even as electricity demand grows and demand for crude oil continues. In a new report on long−term Canadian energy supply and demand outlook, the Canada Energy...
EDMONTON — Federal and Alberta Opposition politicians want the province to be more transparent about a government program supporting profitable oilsands and other energy companies that say carbon pricing hurts their competitiveness. “We can only make progress on...
CALGARY — Cenovus Energy Inc. says Ottawa’s forthcoming release of details about its proposed tax credit for carbon capture, utilization and storage projects (CCUS) should be followed by “significant government support” so the industry can widely...
