Guilbeault defends Canada’s climate progress as Equinor plans more drilling off N.L.
Amid a summer of severe wildfires and flooding, the federal environment minister expressed no concern over plans by a Norwegian energy company to drill for more oil off the coast of Newfoundland.
B.C.-based Carbon Engineering being bought by Occidental for US$1.1 billion
A Canadian company that is pioneering the use of direct air capture technology to remove carbon dioxide directly from the atmosphere has been acquired by U.S. oil company Occidental Petroleum.
Suncor has been too focused on energy transition, must get back to fundamentals: CEO
The man hired to turn around the flagging fortunes of Suncor Energy Inc. said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy.
Danielle Smith: Grand sweeping fairytales that threaten Canadians ability to keep the lights on are no way to speed things up
“Ottawa’s strategy seems to be to placate the environmental extremists, while throwing regular Canadians under the bus. That’s wrong. It’s unacceptable, morally and financially. And Alberta’s government will not go along with that. We will never allow these regulations to be implemented here, full stop.” – Danielle Smith
Saturn Oil & Gas’ production more than triples in one year
Saturn Oil & Gas Inc. saw its production more than triple compared to the same time last year. The company reported its financial and operating results for the three and six months ended June 30, 2023 on Aug. 15.
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