Houston — Oil majors are targeting new oilfields that can be profitable even if oil prices fall to about $30…
Browsing: Canada
News wire — Canada’s Imperial Oil reported a sharp drop in second-quarter profit on Friday as oil prices fell from…
Winnipeg, Manitoba — Canada’s biggest oil and gas producing province, Alberta, can affordably cut net emissions from its electricity…
News wire — Canada’s second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year,…
News wire — Canadian oil sands production is expected to reach 3.7 million barrels per day by 2030, S&P Global…
Winnipeg, Manitoba — A Canadian offshore oil regulator said on Friday it has licensed a significant discovery by Equinor ASA…
News wire — In Canada’s western oil patch, controversy is raging over federal government legislation intended to help the fossil…
Toronto — Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor…
Eunice Imo-Kalu Lagos — The Minister of Mines and Steel Development, Arc Olamilekan Adegbite, has assured foreign investors of attractive…
Ottawa — Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its…