Imperial Oil plans $1.7 billion in capital spending in 2023

CALGARY — Imperial Oil Ltd. is planning $1.7 billion in capital spending for next year. The company says the plan includes a ramp-up for its Strathcona renewable diesel project, application of solvent technologies at Cold Lake and ongoing investment on an in-pit...

Scholz inaugurates 1st liquefied gas terminal in Germany

By Geir Moulson in Berlin BERLIN (AP) — Chancellor Olaf Scholz on Saturday inaugurated Germany’s first liquefied natural gas terminal, declaring that the speed with which it was put into service is a signal that Europe’s biggest economy will remain strong....