Suncor Q3 Profits Drop Despite Record Production
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
Category : Search result: oil majors net zero
Passive House Canada Expands Training with 6 New Courses
Canada's leading building performance organization expands its educational offerings with six cutting-edge courses designed to transform construction practices and accelerate the adoption of net-zero-ready buildings across the country.
Nova Scotia Courts Calgary for Offshore Wind Development
Nova Scotia's Premier Tim Houston makes strategic Calgary visit to attract oil and gas expertise for massive offshore wind and green hydrogen development, positioning the province as Canada's next clean energy frontier.
Project Zero: Fighting Carbon Monoxide in London Homes
London Fire Department's innovative Project Zero initiative is tackling carbon monoxide risks in vulnerable households with free alarms and education, preventing potential tragedies before they happen.
Oil & Gas Reality: What Companies Are Actually Doing
While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.
Why Net Zero May Be Impossible This Century
A young Canadian's sobering perspective on climate goals reveals why Generation Z may never see net zero emissions achieved in their lifetime.
Canada to unveil strengthened EV sales mandate this winter
The Canadian government is preparing to unveil strengthened electric vehicle sales requirements this winter, signaling a major push toward its 2035 zero-emission mandate. Get the latest on Canada's clean transportation future.
Edmonton's Electric Bus Gamble: Costs & Challenges
Edmonton City Council faces a critical decision on transitioning to electric buses amid budget constraints and environmental goals. Discover the challenges and opportunities in this major transit overhaul.
OPEC+ Extends Oil Production Freeze Amid Market Concerns
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
SM Energy and Civitas Merge in $12.8B Shale Deal
Two prominent U.S. shale producers, SM Energy and Civitas Resources, announce a landmark $12.8 billion all-stock merger, creating a dominant force in the American energy landscape and signaling a new wave of industry consolidation.
Alberta Pushes Pipeline West with Indigenous Engagement
Alberta intensifies efforts to expand energy market access through pipeline development, prioritizing Indigenous consultation and economic partnerships in Western Canada.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Oil Steadies as U.S. Reimposes Venezuela Sanctions
Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.
Intesa Sanpaolo Reports Record Profit, Confirms €9B+ Target
Italian banking giant Intesa Sanpaolo reports unprecedented nine-month profits and confirms ambitious 2025 financial targets, signaling strong momentum in European banking sector.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Cenovus-Husky Merger Vote Delayed Another Week
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
Canada's EV Mandate: Impossible Timeline?
Canada's ambitious electric vehicle mandate faces critical challenges including infrastructure gaps, supply chain limitations, and affordability concerns that could derail the 2035 timeline.
Shell Beats Estimates with $7.7B Q2 Profit
Royal Dutch Shell delivers powerhouse Q2 2023 results, crushing analyst forecasts with $7.7 billion profit as strategic shifts and LNG demand fuel financial triumph.
Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.
Honda's New Small EVs Won't Come to Canada
Honda reveals two innovative small electric vehicle concepts at Japan Mobility Show, but Canadian EV enthusiasts will be disappointed as these models aren't destined for North America.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Shell Outperforms TotalEnergies in Q2 Earnings
Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Burnaby Refinery Shifts to US Control in $9.1B Deal
A major Canadian energy facility is changing hands as Calgary-based Parkland Corporation sells a significant portion of its business, including the Burnaby refinery, to American multinational Sinclair in a transformative $9.1 billion deal that reshapes We
Canada's Climate Strategy: A House of Cards?
An in-depth analysis reveals why Canada's costly climate policies may be built on shaky foundations, risking economic stability for questionable environmental gains.
Parex Resources Proposes GeoPark Acquisition
Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.
Alberta's Budget Balance & Pipeline Expansion Plan
Alberta Premier Danielle Smith reveals strategic blueprint to balance provincial budget while aggressively pursuing pipeline expansion to boost energy exports and economic growth.
Canada accelerates clean energy while backing pipelines
Canada is navigating a complex energy transition, rapidly expanding clean electricity while continuing to support fossil fuel infrastructure. Discover how the country plans to achieve net-zero grid by 2035 amid ongoing pipeline projects.
Canada's EV Mandate: An Impossible Timeline?
Canada's ambitious 2035 electric vehicle mandate faces serious feasibility challenges, from infrastructure gaps to supply chain limitations. Experts warn this green dream could become a consumer nightmare.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
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