BEIJING (AP) — The European Union’s climate chief on Monday expressed concern over the expansion of China’s coal industry, with the building of new coal-fired plants. At a conference in Beijing, Frans Timmermans said that while China is forging ahead with plans to...
LONDON (AP) — Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened...
Kathy Fox still remembers the looks on the faces of the grieving family members on the morning in August 2014, as she tried to explain how the Lac-Mégantic rail disaster had happened. “You can imagine the grief, the shock, the anger, all the emotions,” Fox recalled....
CALGARY — Cenovus Energy Inc. released its 2022 environmental, social and governance (ESG) report on June 29, detailing sustainability performance and progress on its ESG targets. The company also announced a milestone to reduce absolute methane emissions in its...
Alberta Finance Minister Nate Horner says the government may have to lower how much it expects to take in from oil this year, but the overall budget outlook remains optimistic. Premier Danielle Smith’s United Conservative government introduced a spend-heavy...
CALGARY — The Alberta government says it ended the 2022-23 budget year with a petro-powered $11.6 billion surplus, up from its third-quarter estimate of $10.4 billion. It’s a positive report, Finance Minister Nate Horner said in a statement Thursday. “We...
