oil

Business

What is the Strait of Hormuz and what could happen to oil prices if Iran shuts it down?

It’s called the world’s most critical oil choke point — and Iran holds the power. Washington’s strikes on Iran stoked fears that Iran…

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Canada

B.C. Premier Eby says he’s not opposed to privately backed oil pipeline to north coast

Alberta Premier Danielle Smith is pushing for a new crude oil pipeline to British Columbia’s north coast, but B.C. Premier…

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Tech

Old, inactive oil and gas wells emitting almost 7 times more methane than official estimates

Inactive and abandoned oil and gas wells in Canada have been identified as a much larger climate problem than previously…

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Business

Oil prices surge after Israel’s strike on Iran

Oil surged, stocks fell and investors sought safety in the U.S. dollar and government bonds Friday after Israel struck Iranian…

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Business

OPEC boss slams net-zero targets, promotes big future for oil in Calgary speech

The secretary-general of the Organization of Petroleum Exporting Countries says the world’s thirst for oil will continue for decades to…

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Politics

Carney discusses ‘partnerships’ with oil and gas executives in Calgary

Prime Minister Mark Carney Holds Energy Roundtable in Calgary Prime Minister Mark Carney recently met with oil and gas executives…

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World

Utah family members charged with supporting Mexican terrorist cartel through oil smuggling

Two members of the same family have been charged with conspiring to support a Mexican cartel that has been designated…

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Business

Oil companies sued over heat dome ‘wrongful’ death

A U.S. woman is suing seven oil and gas companies, saying they contributed to an extraordinarily hot day that led…

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Canada

Irving Oil unaware of leaking diesel until after major spill detected, emails suggest

New details have emerged from government emails obtained through a right to information request, suggesting that Irving Oil Ltd. was…

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Business

China emerging as top customer for Canadian oil shipped via Trans Mountain Pipeline

China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain Pipeline, ship tracking data…

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