War surges Norway’s oil, gas profit. Now, it’s urged to help
STAVANGER, Norway (AP) — Europe’s frantic search for alternatives to Russian energy has dramatically increased the demand — and price — for Norway’s oil and gas.
As the money pours in, Europe’s second-biggest natural gas supplier is fending off accusations that it’s profiting from the war in Ukraine.
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 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
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...
Premier Scott Moe and many members of cabinet and caucus attending Sask Oil and Gas Show
WEYBURN – Premier Scott Moe and many members of the Saskatchewan Party cabinet and caucus will be attending the Saskatchewan Oil & Gas Show in Weyburn.
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