U.S. crude oil imports from OPEC are down, but imports from Canada remain high Source: U.S. Energy Information Administration, Petroleum Supply Monthly Voluntary OPEC production cuts have been contributing to reduced U.S. crude oil imports from OPEC so far […]
Crude oil imports into the United States reached a peak in 2005, but they dropped 42% between 2005 and 2020 to an average of 5.9 million barrels per day (b/d), the lowest level since 1991. […]
Months after President Joe Biden snubbed Canadian officials by canceling Keystone XL, an impending showdown over a second crude oil pipeline threatens to further strain ties between the two neighbors that were frayed during the […]
Washington, April 22, 2021 -South Korea will stop funding coal-powered plants overseas, President Moon Jae-in told a US-led summit Thursday, as he vowed a larger role in fighting climate change. The progressive president said he was expanding […]
CALGARY – Inter Pipeline Ltd. says it has signed take-or-pay contracts covering about 60 per cent of production from the Heartland Petrochemical Complex it’s building northeast of Edmonton as it continues to fight off a hostile takeover […]
CALGARY, Alberta, April 15, 2021 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its fourth quarter and year end 2020 financial and operating results. Selected financial, operational and reserves information […]
CALGARY, AB – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Anegada Oil Corp. (“Anegada“), a privately held pure play Charlie […]
By Nia Williams CALGARY, Alberta (Reuters) -New York’s state pension fund is restricting investment in six Canadian oil sands companies because they have not shown they are prepared for a transition to a low-carbon future, the […]
Enbridge Inc.’s push into new frontiers of the energy transition such as carbon capture and clean hydrogen production could use Canadian tax credits similar to those in the U.S., the company’s CEO said. North America’s […]
A new federal incentive, modelled on a U.S. tax credit for carbon capture, utilization and storage, would be tailor-made to drive higher greenhouse gas emissions and could produce unexpected surprises for private investors if it’s […]
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