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report on business
Unifor ratifies agreement establishing pattern for energy workers
Unifor says representatives from its energy locals have ratified an agreement that sets a pattern for more than 7,500 workers who are part of the union's National Energy Program. Suncor Energy Centre is pictured in downtown Calgary, Alta., Friday, Sept. 16, 2022. THE CANADIAN PRESS/Jeff McIntosh
canada
Oil and gas companies must cut emissions more than one-third by 2030 under new federal policy
Video1:48
canada
Saskatchewan's methane emissions underestimated, rate of releases high: research
New research suggests Saskatchewan's oilpatch emits a potent greenhouse gas at a higher rate than almost anywhere else in North America. Flares burn off methane and other hydrocarbons at an oil and gas facility in Lenorah, Texas, Friday, Oct. 15, 2021. THE CANADIAN PRESS/AP-David Goldman
energy and resources
U.S. seeks to buy up to three million barrels of oil for Strategic Petroleum Reserve
FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo
energy and resources
As fossil fuel executives descend on UN climate summit, some ask ‘what are COPs about?’
Water flows near a sign for Energy Transition Changemakers at the COP28 U.N. Climate Summit, Tuesday, Dec. 5, 2023, in Dubai, United Arab Emirates. (AP Photo/Kamran Jebreili)
energy and resources
Oil climbs two per cent but still headed for seventh weekly drop
A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas, Tuesday, Oct. 12, 2021. The federal Liberals will finally provide details on their long-promised oil and gas emissions cap today.THE CANADIAN PRESS/AP, David Goldman
analysis
With plans for oil and gas emissions cap, Ottawa calls industry’s bluff
A general view shows a Syncrude oil sands mining facility near Fort McKay, Alberta, on September 7, 2022. - At Fort McKay near Fort McMurray in western Canada, in the heart of the country's boreal forest, the pines and the people were long ago cleared out to make way for huge open-pit mines dedicated to excavation of oil sands. (Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images)
opinion
Federal oil and gas emissions cap shines harsh spotlight on Alberta’s lack of action
Janetta McKenzie

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Oil - iStock-1280963997
Crude Rebounds as U.S. Refills the Strategic Petroleum Reserve
Barchart - Fri Dec 8, 2:27PM CST
Barchart
Fri Dec 8, 2:27PM CST
January WTI crude oil (CLF24 ) on Friday closed up +1.86 (+2.68%), and Jan RBOB gasoline (RBF24 ) closed up +0.0498 (+2.49%). Crude oil prices Friday rebounded from Thursday's 5-1/4 month low and posted moderate gains. Crude rallied Friday after better-than-expected U.S. economic reports on Nov payrolls and Dec consumer...
Natural Gas - Natural Gas Burnoff Waste Excess
Above Normal U.S. Temps Weigh on Nat-Gas Prices
Barchart - Fri Dec 8, 2:25PM CST
Barchart
Fri Dec 8, 2:25PM CST
January Nymex natural gas (NGF24 ) on Friday closed down -0.004 (-0.15%). Nat-gas prices Friday closed slightly lower but remained above Thursday's 3-1/2 month low. Nat-gas prices have been under pressure this week on weather forecasts calling for above-average temperatures that would reduce heating demand for nat-gas. The Commodity Weather...
Oil - Oil Barrels Stacked on Each Other
Crude Prices Jump as the U.S. Refills the Strategic Petroleum Reserve
Barchart - Fri Dec 8, 10:58AM CST
Barchart
Fri Dec 8, 10:58AM CST
January WTI crude oil (CLF24 ) this morning is up +1.58 (+2.31%), and Jan RBOB gasoline (RBF24 ) is up +0.0450 (+2.25%). Crude oil and gasoline prices this morning are moderately higher. Energy prices are climbing today after better-than-expected U.S. economic reports on Nov payrolls and Dec consumer sentiment reduced...
Weather - shutterstock_170938211
Will El Nino Indued Warm December US Weather Patterns Ever Turn Colder?
NatGasWeather.com - Fri Dec 8, 9:38AM CST
NatGasWeather.com
Fri Dec 8, 9:38AM CST
Weather patterns this past week and for the coming 15-days are exceptionally bearish for natural gas demand as warmer than normal temperatures rule vast stretches of the US.
COP28 Climate Summit
On sidelines of COP28, Emirati 'green city' falls short of ambitions, but still delivers lessons
Associated Press - Fri Dec 8, 9:21AM CST
Associated Press
Fri Dec 8, 9:21AM CST
A bold, innovative project begun nearly a generation ago to erect a “green-city” in the United Arab Emirates has run into realities and largely missed its mark

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