Skip to main content
NewslettersWatchlist

Latest

opinion
Capital Power’s big carbon capture project is on hold – it’s a sign that we have to work even harder on decarbonizing Canadian industry
Michael Bernstein
energy and resources
ATCO subsidiary to build new pipeline in Alberta to supply gas to petrochemical project
Alberta's provincial ombudsman says a government body has unfairly denied a young man with autism the supports he needs. Alberta's provincial flag flies on a flag pole in Ottawa, Tuesday, June 30, 2020. THE CANADIAN PRESS/Adrian Wyld
energy and resources
Niagara Energy finalizes US$1.36-billion takeover of Enel Peru unit
energy and resources
Suncor leasing oil tanker ships to carry crude from Trans Mountain pipeline expansion
FILE PHOTO: Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019. REUTERS/Candace Elliott/File Photo
energy and resources
U.S. crude stockpiles fall, products post surprise build, EIA says
FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo
energy and resources
Siemens Energy shakes up troubled wind unit after reporting strong quarterly results
FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023. REUTERS/Leo Simon/File Photo
energy and resources
Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore
FILE PHOTO: A view shows a board with the logo of Shell at the company's fuel station in Saint Petersburg, Russia May 6, 2022. REUTERS/Anton Vaganov
energy and resources
TC Energy’s planned oil pipeline spinoff faces obstacles in bet on U.S. Gulf
FILE PHOTO: TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
energy and resources
Oil prices rise after U.S. crude stocks fall more than expected
An array of pumpjacks operate Thursday, July 7, 2022, in Odessa, Texas. (Eli Hartman/Odessa American via AP)
report on business
Nikola’s revenue misses estimates on slowing truck demand
FILE PHOTO: U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca/File Photo
energy and resources
Trans Mountain pipeline expansion will boost Canadian oil prices ‘for years’ to come, MEG Energy says
FILE PHOTO: The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo
energy and resources
Calgary-based oil and gas company fined for violating methane rules
The Alberta Energy Regulator says it has laid charges against Land Petroleum International Inc. and president Bill Fung for hindering AER inspections in 2018. The Alberta Energy Regulator logo is seen on a flag at the opening of the regulator's office in Calgary in an undated handout photo. THE CANADIAN PRESS/HO-Alberta Energy Regulator, *MANDATORY CREDIT*
energy and resources
Crescent Point Energy selling $600-million of assets to Saturn Oil & Gas
A pumpjack draws out oil and gas from a well head as the sun sets near Calgary, Alta., Sunday, Oct. 9, 2022. Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets for $375 million. THE CANADIAN PRESS/Jeff McIntosh
report on business
Ballard Power Systems’ first-quarter loss grows from year ago, revenue up 9%
Ballard Power Systems says it has signed a new long-term supply agreement with bus maker NFI Group Inc. A Ballard Power Systems Inc. logo is shown in a handout. THE CANADIAN PRESS/HO
globe investor
Clean energy ETFs start to outperform key oil & gas ETF
Gavin Maguire
energy and resources
Duke Energy’s first-quarter profit tops estimates as residential customers surge
FILE PHOTO: The company logo and ticker for Duke Energy Corp. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid/File Photo
energy and resources
Saudi Aramco maintains dividend despite lower net income in first quarter
(FILES) This picture shows Aramco tower at the King Abdullah Financial District (KAFD) in Riyadh on April 16, 2023. Oil giant Saudi Aramco said on May 7, 2024 that its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)
energy and resources
BP’s quarterly profit slides by 40% as refinery outage offsets higher output
FILE PHOTO: The logo for a BP petrol station is seen in London, Britain, September 24, 2021. REUTERS/Toby Melville/File Photo
property report
New library breaks ground as first net-zero facility in Waterloo Region
A rendering of the interior of the sixth branch of the Kitchener Public Library, located near Bleams and Fischer-Hallman Roads in the city’s growing Rosenberg community. The Southwest Community Library is expected to open in 2025.
opinion
The uneasy intersection of oil and climate
The Editorial Board
energy and resources
Oil settles lower on signs of easing supply tightness
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo/File Photo
report on business
New rules on renewable energy are driving away investment, Alberta government told
A wind turbine overshadows a grain elevator near Pincher Creek, Alta., Wednesday, March 9, 2016.THE CANADIAN PRESS/Jeff McIntosh
report on business
Competition Bureau launches inquiry into Lululemon over ‘greenwashing’ allegations
The Lululemon logo is seen on a wall at the company's headquarters in Vancouver, on Thursday, May 25, 2023. THE CANADIAN PRESS/Darryl Dyck
globe climate newsletter
Globe Climate: Can floating nuclear power plants serve remote Northern communities?
A view of Gjoa Haven, NT on Friday, February 3, 2023. The arctic seasons are extreme, with very short days and extreme cold in the winter and very long days in the summer, with average summer highs of 8 degrees celsius.
international business
CPPIB co-leads partnership acquiring U.S. utility Allete in $6.2-billion deal
FILE PHOTO: FILE PHOTO: A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo/File Photo
energy and resources
Shell in talks to sell Malaysian fuel stations to Saudi Aramco, sources say
FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
energy and resources
Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices
FILE - Pumpjacks operating at the Kern River Oil Field are seen in Bakersfield, Calif., on Jan. 16, 2015. The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage. (AP Photo/Jae C. Hong, File)
report on business
Power Corp.’s sustainable-investing arm gains familiar new shareholder
Olivier Desmarais CEO of Power Sustainable, a unit of Power Corp. poses for a portrait at his company’s office in Montreal on Friday, May 3, 2024. Evan Buhler/The Globe and Mail�
analysis
Trans Mountain pipeline is the latest boon to oil and gas stocks, but investors aren’t sold
Tim Shufelt
international business
Big Oil finds more to love in deepwater exploration fields
FILE - A large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip on April 2010. A new National Academy of Science study says that 13 years after a massive BP oil spill fouled the Gulf of Mexico, regulators and industry have reduced some risks in deep water exploration in the gulf but some troublesome safety issues persist. (AP Photo/Gerald Herbert, File)
opinion
Vladimir Putin’s attempt to starve Europe of energy has backfired. Instead, the Kremlin’s Gazprom is starving
Eric Reguly
energy and resources
Warren Buffett’s PacifiCorp utility singed by wildfires
FILE - Fire damage is seen, Sept. 12, 2020, in Mill City, Ore. On Tuesday, March 5, 2024, a jury in Oregon ordered PacifiCorp to pay more than $42 million to 10 victims of devastating wildfires on Labor Day 2020 — the latest verdict in litigation that is expected to see the electric utility on the hook for billions in damages. (AP Photo/Gillian Flaccus, File)
energy and resources
Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms
FILE PHOTO: TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
energy and resources
Oil settles down on U.S. jobs data, steepest weekly loss in three months
FILE PHOTO: An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo
report on business
Can floating nuclear power plants help solve Northern Canada’s energy woes?
An illustration of a Transportable Nuclear Power Plant deployed in a protected harbour in an Arctic setting. Credit: Prodigy Clean Energy.
report on business
Greenhouse-gas emissions falling, but oil-sands emissions continue to climb, federal report says
New research suggests Alberta's oilsands are releasing potentially hazardous compounds into the atmosphere at rates dozens of times higher than official estimates. A dump truck works near the Syncrude oilsands extraction facility near the city of Fort McMurray, Alta., on June 1, 2014. THE CANADIAN PRESS/Jason Franson