Analysts say natural gas could go even higher after breaking 14-year record this week

Analysts say natural gas could go even higher after breaking 14-year record this week

The rising price of oil may grab most of the headlines, but another commodity — natural gas — is on an even wilder ride and expected to hit fresh heights this summer.

The war in Ukraine and resulting concerns about global energy security have driven up commodity prices world-wide. But where the price of oil is up about 85 per cent year-over-year, natural gas is up more than 200 per cent.

Canada could help wean Europe from Russian oil and gas by shipping clean hydrogen

Canada could help wean Europe from Russian oil and gas by shipping clean hydrogen

Canada could ship clean hydrogen to Europe in the future to help wean it from its dependency on Russian oil and gas, say federal ministers.

At meetings with G7 counterparts in Berlin this week, Natural Resources Minster Jonathan Wilkinson and Environment Minister Steven Guilbeault said Canada is investing in the development of clean hydrogen, which could help Europe reduce its reliance on Vladimir Putin’s regime for energy.

Iran seizes 2 Greek tankers in Persian Gulf as tensions rise

Iran seizes 2 Greek tankers in Persian Gulf as tensions rise

By Jon Gambrell And Nicholas Paphitis in Dubai DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized two Greek oil tankers Friday in helicopter-launched raids in the Persian Gulf, officials said. The action appeared to be retaliation for...

Southeast Saskatchewan Oilman of the Year Derrick Big Eagle

Southeast Saskatchewan Oilman of the Year Derrick Big Eagle

For outstanding contributions to the petroleum industry in Saskatchewan and Canada, Derrick Big Eagle is this year’s Southeast Saskatchewan Oilman of the Year. You can attend the awards ceremony on June 1 at the Saskatchewan Oil and Gas Show. Tickets are available at oilshow.ca.

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