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HomeCanada

Canada

Carbon Capture

Trudeau to Order Oil, Gas Producers to Cut Emissions by 35%

November 4, 2024 Clark Savage

Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement in 2030 Prime Minister Justin Trudeau’s government will require Canada’s oil and gas industry to cut emissions by 35% from 2019 […]

Bankruptcy

Election Game-Changers

November 3, 2024 Andy Del Prado

Daily Standup Top Stories 10 Can’t-Miss Election Predictions November 2, 2024 Clark Savage ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record […]

Crude Oil News

Exxon, Chevron report rising Permian production despite analyst estimates

November 3, 2024 Clark Savage

(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices. Exxon’s third-quarter adjusted earnings exceeded expectations by a nickel on Friday, while Chevron […]

LNG Canada
Exports

Shell’s LNG Canada starts cooldown activities

October 21, 2024 Mariel Alumit

LNG Canada previously said it would receive a cargo of refrigerants (liquefied petroleum gas) onboard the tanker Gaschem Atlantic. The ship began its voyage on the Delaware River in Pennsylvania and traveled to B.C.’s Pacific […]

Biofuel

Anger at UK’s ‘bonkers’ plan to reach net zero by importing fuel from North Korea

October 13, 2024 Stu Turley

Government criticised over list of potential countries for sourcing biomass, which also includes Afghanistan A plan by the British government to burn biomass imported from countries including North Korea and Afghanistan has been described as “bonkers”, with […]

Chevron
Big Oil Companies

Chevron Sells Canada Oil Sand, Shale Assets for $6.5 Billion

October 7, 2024 Mariel Alumit

(Bloomberg) — Chevron Corp. agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources Ltd. for $6.5 billion. The deal relates to Chevron’s 20% interest in the Athabasca […]

Chevron
Big Oil Companies

Chevron to sell assets worth $6.5 billion to Canadian Natural Resources

October 7, 2024 Mariel Alumit

Oct 7 (Reuters) – Chevron (CVX.N), opens new tab is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources (CNQ.TO),  for $6.5 billion, the oil giant said on Monday as it puts in […]

Lithium-Ion
Electric Vehicles

Lithium-Ion Battery Fire at Montreal Port Prompts Lockdown

September 24, 2024 Mariel Alumit

A fire involving a container carrying lithium-ion batteries at the Port of Montreal triggered a temporary stay-at-home order for nearby residents on Monday. The incident occurred in a container at one of the port’s terminals. […]

AI

LNG Fire Evacuates Neighborhood

September 17, 2024 Andy Del Prado

Daily Standup Top Stories Italy’s central bank backs helping poorer countries fund energy transition September 16, 2024 Mariel Alumit ROME, Sept 16 (Reuters) – Italy’s Central Bank governor Fabio Panetta on Monday threw his weight behind […]

Canada
Finance

The Most Splendid Housing Bubbles in Canada, August: Home Prices -3.9% YoY, -16% from Peak with Biggest Drops in Toronto, Hamilton-Burlington, Victoria, Ottawa as Montreal, Vancouver Dip

September 16, 2024 Stu Turley

By Wolf Richter for WOLF STREET. Across Canada, home prices (actual, not seasonally adjusted) dipped in August from July, were down 3.9% year-over-year – the fifth year-over-year decline in a row – and were down 15.8% from the […]

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