Oil and gas sector warns emissions cap could lead to production curtailments
Canada’s oil and gas industry is warning that Ottawa’s emissions cap framework could result in significant production curtailments by companies and higher energy prices for consumers.
Guyana’s president says his country is preparing to defend itself from Venezuela over disputed area
SAN JUAN, Puerto Rico (AP) — Guyana’s president told The Associated Press on Wednesday that his country is taking every necessary step to protect itself from Venezuela, which has ordered its state-owned companies to explore and exploit oil and minerals in the vast Essequibo region, which Guyana considers its own.
Oil and gas emissions cap coming Thursday, targets 2026 start date
The long-promised cap on greenhouse gas emissions for Canada’s oil and gas sector will begin as early as 2026 and use a cap-and-trade system that applies by facility, a federal government source said Wednesday.
Federal and Nova Scotia governments kill offshore petroleum project in name of “clean energy”
The federal Liberal government, combined with the Progressive Conservative Nova Scotia government, killed another oil and gas project on Dec. 4, one that already had regulatory approval, in the name of “clean energy.”
“A production cap by default”: Sask gov’t reacts to Guilbeault’s proposed methane regulations
“This amounts to a production cap by default and is another instance of federal overreach and changing goal posts. It also violates the current equivalency agreement, which Saskatchewan signed with the federal government in 2020,” says the Government of Saskatchewan
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