U.S. Energy Secretary Chris Wright on Monday called a pledge to achieve net zero carbon emissions by 2050 a “sinister goal”, ...

By Ernest Scheyder and Sheila Dang Chevron plans to cut up to 20% of global workforce Executives say business has become ...

A carbon tariff—a policy that would impose fees on imported goods based on their carbon emissions—is built on the idea that Canada should penalize foreign producers for not adhering to stringent ...

The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) widened on Wednesday: * WCS for March delivery in Hardisty, Alberta, ...

Donald Trump didn’t miss a beat, unlike the Kansas City Chiefs who missed the game. Aboard Air Force One, or was it TrumpForce One…I forget, he announced that all imports of Steel and Aluminum would ...

** “We see an upstream sector that returns a bit over half its cash flow while investing a bit under half” – brokerage ** Bernstein says that the supply side has reallocated capital toward downstream, ...

(Reuters) – The U.S. Department of Energy will prioritize expanding energy production over achieving net-zero greenhouse gas emissions, according to an order issued on Wednesday by Energy Secretary ...

CALGARY, AB, Feb. 6, 2025 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) today reported its fourth quarter and year-end 2024 financial and operational results as well as its year-end ...

Canadian pipeline operator Trans Mountain is looking at expansion projects in the short and long terms that could add between 200,000 and 300,000 barrels per day (bpd) of capacity to the company’s ...

Oil prices edged up on Thursday after Saudi Arabia’s state oil company raised its March crude prices sharply, but the gains barely dented the previous day’s slide in benchmark Brent crude. Brent crude ...