OPEC sticks to modest boost in oil despite war jitters
LONDON (AP) — OPEC and allied oil producers including Russia decided Thursday to stick to a modest increase in the amount of crude they pump to the world, a step that supports higher prices even as the Biden administration plans to try to lower them...
Helium Evolution begins trading on TSVX, plans up to start drilling in Q2 or Q3
CALGARY – It was a big day for Helium Evolution Incorporated on March 30. The junior helium explorer, one of four active in Saskatchewan, commenced trading on the TSX Venture Exchange (TSXV). The Canadian-based helium exploration and production company focused...
Biden planning to tap oil reserve to control gas prices
WASHINGTON (AP) — President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have...
Biden eyes boost to mining of minerals for electric vehicles
By Josh Boak And Matthew Daly in Washington WASHINGTON (AP) — Facing higher oil prices after Russia's invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the...
CAPP responds to federal emissions reduction plan
CALGARY – Last fall, Prime Minister Justin Trudeau told COP26 in Glasgow his government would be putting greenhouse gas emissions caps on the Canadian oil and gas sector. Those caps were announced on March 29. Terry Abel, executive vice president, Canadian Association...
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