The European Union could phase out Russian gas within six to 12 months by replacing it with U.S. liquefied natural gas, and the United States communicated this position to EU officials this week, U.S. energy secretary Chris Wright told Reuters on Friday. Wright was speaking in Brussels, where he met EU energy commissioner Dan Jorgensen on Thursday to discuss ending Europe's purchases of Russian energy. The EU is negotiating legal proposals to phase out imports of Russian oil and gas by [Read more]
News
Strathcona Resources Ltd. Confirms Filing of Amended Offer for MEG Energy Corp. and Reaffirms Willingness to Enter into Supported Transaction Following Cenovus Energy Inc.’s Election Not to Match Strathcona’s Superior Proposal
CALGARY, AB, Sept. 11, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona") today announced the filing and mailing of its Notice of Variation, Change and Extension in connection with its offer (as varied, the "Amended Offer") to acquire all of the outstanding common shares ("MEG Shares") of MEG Energy Corp. (TSX: MEG) ("MEG") not already owned by Strathcona for 0.80 Strathcona shares per MEG Share. The Notice of Variation, Change and Extension has been filed with the Canadian securities [Read more]
Canada may drop oil emissions cap as part of new climate plan, sources say
Canada's government is in discussions with energy companies and Alberta about eliminating a federal cap on emissions from the country's oil and gas sector if the industry and province reduce their carbon footprint in other ways, three sources with knowledge of the talks said. The sources, who were not authorized to speak publicly about the discussions, said Prime Minister Mark Carney's government has discussed removing the cap with oil companies and Canada's top oil-producing province if they [Read more]
Alberta premier praises first batch of national-interest projects
CALGARY - Energy industry players and Alberta's premier say they see promising signs in the first batch of projects announced under Ottawa's new fast-tracked approval process, but environmentalists warn the inclusion of liquefied natural gas locks Canada into a high-carbon future. Prime Minister Mark Carney on Thursday named the first five proposals to be referred to the new Major Projects Office based in Calgary, which aims to speed development of projects deemed in the national [Read more]
Precision Drilling Announces Renewal of Normal Course Issuer Bid
CALGARY, Alberta, Sept. 11, 2025 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corporation (Precision or the Company) announced today that the [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for October delivery in Hardisty, Alberta, settled at $11.20 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $11.30 a barrel discount on Wednesday. * WCS discounts are not expected to be as narrow in the second half of the year as they were this spring. Western Canadian crude production continues to grow, with the oil-producing [Read more]
Alberta’s Smith says she found unprecedented common ground in meeting with Carney
EDMONTON - Alberta Premier Danielle Smith says her latest meeting with Prime Minister Mark Carney has inspired optimism and he is demonstrating a "real shift" from the previous Justin Trudeau-led Liberals. Speaking in Edmonton, Smith says she found more common ground with the prime minister when she met with him this week than she has in any meeting with a prime minister. She also took to social media following her face-to-face to say that although there are details to be worked out, the [Read more]
US energy secretary downplays climate risks as Washington seeks EU gas deals
U.S. Energy Secretary Chris Wright downplayed the risks of climate change as he promoted Washington's return to a "commonsense energy policy" on Thursday, while the Trump administration worked to boost oil and gas sales to Europe and other allies. Wright spoke to reporters after meeting the European Union's energy commissioner Dan Jorgensen in Brussels. U.S. Interior Secretary Doug Burgum has also been in Europe this week aiming to seal energy supply deals that Washington hopes will strengthen [Read more]
Here are the first major projects on Ottawa’s fast-track list
OTTAWA - Prime Minister Mark Carney named the first five projects on the federal government's fast-track list on Thursday — part of his plan to attract outside investment and bolster the Canadian economy. The projects include planned energy development, mining and port infrastructure projects from the West Coast to Central Canada. The government also released an expanded list of projects not quite ready for prime time that includes additional initiatives in Eastern Canada and the [Read more]
Canada names gas plant, port, mines as major projects to be sped up
Canada named five major projects on Thursday it said would be eligible for fast-track approvals as part of a campaign to diversify the economy and reduce reliance on the United States as tariffs bite. The government of Mark Carney, frustrated by a complex process that means it can take companies a decade or more to obtain approval for a mine or a pipeline, has set up a major projects office designed to slash red tape. "We used to build big things in this country, and we used to build them [Read more]
- « Previous Page
- 1
- …
- 447
- 448
- 449
- 450
- 451
- …
- 3803
- Next Page »