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Trudeau says Canada wanted a more ambitious climate plan at G20 summit
Prime Minister Justin Trudeau says progress was made at the G20 summit in Rome, but noted that Canada was among the countries that left wanting a more ambitious plan to tackle climate change.
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Natural Resources minister says he sees a clean future for the oil and gas sector
Natural Resources Minister Jonathan Wilkinson tells Power & Politics he envisions an effective economic pathway to make Canada’s resources sector more environmentally soun
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Global Oil Options Expected to Reach Record Highs
Oil prices are set to soar to record highs as economists project rates of $100 per barrel with Brent Crude Options expected to hit $200 by the end of 2022.
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Alberta temporary halts collecting provincial gas tax
Alberta Finance Minister Travis Toews tells Power & Politics that temporarily halting the collection of the provincial gas tax will give Albertans immediate relief at the gas pumps.
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U.S. Propane Market's Dire Winter Outlook
The U.S. propane market is headed for 'armageddon' this winter, according to the research firm, IHS Markit Ltd. Residential propane prices nationwide are currently at their highest level for the month of October since 2011. It comes amid...
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Canada needs a conversation about phasing out oil and gas production, says climate group
Destination Zero executive director Catherine Abreu says Canada's plan to cap emissions from the oil and gas sector might not be enough to combat climate change. The NGO, which pushes to accelerate the transition away from fossil fuels,...
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Chevron Says It WIll Reduce Operational Carbon Footprint by 2050
Energy company Chevron has set a goal to reduce its operational carbon footprint to net zero by 2050. However, the company has not committed to reducing emissions on its gas and oil products.
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Cyberattack on U.S. pipeline linked to criminal gang
The ransomware attack that has forced the shutdown of a vital U.S. pipeline was carried out by a criminal gang known as DarkSide. The Colonial Pipeline system delivers roughly 45 per cent of fuel consumed on the East Coast, according to...
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Desperate hunt for Indonesian submarine as oxygen set to run out
Officials say air supply of missing submarine would last only until Saturday as search team spots ‘high magnetic force’ at a depth of 50-100 metres.
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US activists rally against proposed Memphis oil pipeline project
A controversial aspect of pipeline and others like it is the use of Nationwide Permit 12, which allows fossil fuel companies to fast-track projects.
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Congo to hold presidential election amid economic crisis
Repeated bailouts failed to rescue the oil-producer from low crude prices and corruption scandals, even before the COVID-19 pandemic hit.
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Myanmar military ‘murdered’ at least 70 since coup: UN
UN special rapporteur suggests ‘crimes against humanity’ being committed; calls for sanctions on military-owned enterprises.
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Dutch court orders Shell to pay Nigerian farmers over oil spills
Court of Appeal in The Hague rules the British-Dutch multinational’s Nigerian subsidiary must pay out over a 2008 case.
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The people vs Shell: Dutch campaigners take oil giant to court
Environmentalists are not seeking compensation from Shell but want to force the company to change its actions.
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Nigeria gas flaring: Government plans to pass bill to tackle issue
Oil companies still find it more convenient to burn away the gas, even though it could be used to generate electricity.
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Biden says he'll transition U.S. from oil industry 'over time'
In response to the Democratic nominee's statement, U.S. President Donald Trump said Biden would destroy the oil industry if elected president.
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‘External source’ causes oil tanker blast off Saudi Arabia
Shipping firm Hafnia says its tanker was hit by an unidentified ‘external source’, causing a fire and an explosion.
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Face Racism: Working in Canada’s oilsands industry
Shane MacQueen says he’s been a target for mistreatment and racism while working in Alberta’s oilsands for the past 14 years. His story is part of a new ongoing Marketplace series, Face Racism.
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US bans palm oil imports from Malaysian producer FGV
US customs agency ban follows probe into forced labour allegations; FGV says it upholds labour standards.
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Indians call for compensation over oil well blaze
Firefighters have so far failed to put out a huge oil well blaze which has been burning for two months after thousands of farming families in Assam state were forced from their homes.
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UN warns over oil tanker stranded off Yemen coast for years
Both the Yemeni government and Houthi fighters lay claim to its valuable cargo and neither side is budging.
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First Nations call for share of orphan well clean-up funds
As western provinces dole out $1.5 billion in federal funding to tend to inactive oil and gas wells, Indigenous leaders are concerned none of the cash will be spent cleaning up their land.
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India's fuel prices at the pumps rise despite low oil prices
The rising cost of petrol and diesel in India is provoking protests in many cities, but the government says it has raised fuel taxes to offset the economic crisis caused by the lockdown.
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Chesapeake Energy Files for Bankruptcy
Chesapeake Energy filed for Chapter 11 bankruptcy as the price of oil plummeted amid the coronavirus pandemic.