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energy and resources
Crescent Point Energy restarts production that was shut in due to Alberta wildfires
Crescent Point Energy Corp. says it has resumed the production that was shut in due to the Alberta wildfires. The Bald Mountain Wildfire is shown in the Grande Prairie Forest Area on Friday May 12, 2023. This handout image was provided by the Government of Alberta. THE CANADIAN PRESS/HO-Government of Alberta Fire Service **MANDATORY CREDIT **
energy and resources
Saudi diesel imports from Russia, exports to Singapore hit records
FILE PHOTO: Surfers wait to catch a wave along a beach surrounded by tankers in Singapore January 14, 2021. REUTERS/Edgar Su
energy and resources
Oil prices dip as rate hike fears offset U.S. debt deal
MIDLAND, TEXAS - MARCH 11: An oil pumpjack works in the Permian Basin oil field on March 11, 2022 in Midland, Texas. United States President Joe Biden imposed a ban on Russian oil, the world’s third-largest oil producer, which may mean that oil producers in the Permian Basin will need to pump more oil to meet demand. The Permian Basin is the largest petroleum-producing basin in the United States. (Photo by Joe Raedle/Getty Images)
report on business
Leaders from low-carbon sectors descend on Ottawa for an attempted show of strength
A new solar panel array is installed in Scugog, Ont. on Wednesday, April 27, 2016. A new report says the financial support Canada is offering for the clean energy transition is competitive with the Inflation Reduction Act south of the border. THE CANADIAN PRESS/Frank Gunn
report on business
B.C. regulator requests credible plans from Ksi Lisims LNG to attain net-zero emissions
Artist’s rendition of floating LNG facilities envisaged by Ksi Lisims LNG, which hopes to export liquefied natural gas from Wil Milit on Pearse Island on British Columbia’s north coast. Source: Ksi Lisims LNG --
inside the market
Why this money manager favours the oil patch over Silicon Valley
Norman Rothery
world
Ukraine says Russia plotting ‘a provocation’ at nuclear plant, offers no evidence
FILE - Zaporizhzhia nuclear power plant is seen from around twenty kilometers away in an area in the Dnipropetrovsk region, Ukraine, Monday, Oct. 17, 2022. A statement released Friday, May 26, 2023, by the intelligence directorate of Ukraine's Defense Ministry claimed that Russian forces would strike the Zaporizhzhia nuclear power plant, the biggest in Europe, and then report a radioactive leak in order to trigger an international probe that would pause the hostilities and give the Russian forces the respite they need to regroup ahead of the counteroffensive. (AP Photo/Leo Correa, File)
opinion
How Canada’s oil production rose and emissions fell - and what it means for climate policy
The Editorial Board
report on business
Weak returns threaten renewables’ edge over fossil-fuel investments
(FILES) A Tesla Model S sedan is plugged into a Tesla Supercharger electrical vehicle charging station in Falls Church, Virginia, February 13, 2023. Tesla will open its network of superchargers in the United States and Canada to Ford electric vehicles from 2024, the companies said Thursday, doubling the stations available to Ford customers. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
energy and resources
ConocoPhillips to exercise pre-emptive right, will buy rest of Surmont project
An ice-covered ConocoPhillips sign at the Colville-Delta 5, or as it's more commonly known, CD5, drilling site on Alaska's North Slope is shown on February 9, 2016. THE CANADIAN PRESS/AP, Mark Thiessen
inside the market
Buying off the lows at Tamarack Valley Energy
Ted Dixon
energy and resources
Four bidders vie for stake in Exxon’s LNG terminal in Italy, sources say
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo
energy and resources
Russia leaning toward leaving oil output unchanged ahead of OPEC+ meeting, sources say
FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo
opinion
Danielle Smith is indifferent to the climate crisis. She’s selling an alternate reality to Albertans
Chris Turner
report on business
Teck Resources promotes Ian Anderson to chief commercial officer
Teck Resources Ltd. has promoted Ian Anderson to the post of chief commercial officer as the company continues work on a plan to separate its base metal and steelmaking coal operations. The Teck Resources logo is seen on a podium before the company's special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023.  THE CANADIAN PRESS/Darryl Dyck
energy and resources
Tear gas taints the air as TotalEnergies AGM rejects climate activist resolution
Environmental activists protest against TotalEnergies and the East African Crude Oil Pipeline (EACOP) on the day TotalEnergies holds its annual shareholders meeting in Paris, France, May 26, 2023. REUTERS/Stephanie Lecocq
energy and resources
Oil prices rise as U.S. closes in on debt deal
Oil pumpjacks are seen along a section of Highway 33 known as the Petroleum Highway north of McKittrick in Kern County, California on September 28, 2022. - Oil prices are rising due to an unexpected drop in US crude. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)
canada
Ontario program to pay smart thermostat owners for summer temperature control
Ontario is rolling out an energy conservation program that will pay residents with smart thermostats to lower their air conditioning during certain periods in the summer. Power lines are seen against cloudy skies near Kingston, Ont. , Wednesday, Sept. 7, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
energy and resources
Solar power due to overtake oil production investment for first time, IEA says
An aerial view shows photovoltaic panels at a solar farm near Thaxted, eastern England, on May 16, 2023. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)
energy and resources
Chevron has launched sale process for its oil and gas assets in Congo, sources say
BURBANK, CALIFORNIA - MAY 22: The Chevron logo is displayed at a Chevron gas station on May 22, 2023 in Burbank, California. Chevron is doubling down in the shale sector with an acquisition of shale driller PDC Energy, which has operations in Colorado and Texas, in a $6.3 billion deal. (Photo by Mario Tama/Getty Images)
opinion
In an era of extreme heat, cooling should be required in Canadian homes
Scott Stirrett
energy and resources
Russian Deputy PM Alexander Novak says he doesn’t expect new steps from OPEC+ meeting
FILE PHOTO: Deputy Prime Minister of Russia Alexander Novak walks at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner
energy and resources
Oil settles lower as Russia downplays additional OPEC+ cuts
FILE - Pumpjacks work in a field near Lovington, N.M., on April 24, 2015. Land managers in one of the top oil and gas producing states in the U.S. have plugged more than 200 inactive wells on state trust lands. New Mexico officials announced Wednesday, April 19, 2023, that the cleanup costs are being shouldered by the industry as part of the State Land Office's accountability and enforcement program. (AP Photo/Charlie Riedel, File)
international business
Higher LNG exports to drive up US natgas prices, EIA projects
FILE PHOTO: FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second-largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo/File Photo
world
Warship guarding Black Sea pipelines attacked by unmanned Ukraine craft, Russia claims
Russian President Vladimir Putin listens to the Constitutional Court Chairman Valery Zorkin during their meeting at the Kremlin in Moscow, Russia. Mikhail Klimentyev in Moscow, Russia, Tuesday, May 23, 2023. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)
energy and resources
U.S. crude stockpiles post massive surprise drawdown, EIA says
FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant
report on business
Michael Sabia leaving Finance Department, expected to be named chief of Hydro-Québec
Chair of the Board of the Canada Infrastructure Bank Michael Sabia takes part in a press conference in Ottawa on Thursday, Oct. 1, 2020. THE CANADIAN PRESS/Sean Kilpatrick
energy and resources
Canadian natural gas exports to U.S. back at levels seen before Alberta wildfires
Smoke rises from areas on the southeast side of wildfire EWF-035, part of the Deep Creek Wildfire Complex which is being tackled by helicopters near Shining Bank, Alberta, Canada May 19, 2023. Alberta Wildfire/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.
energy and resources
European Commission recommends end to energy support in 2023 to help fiscal policy
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron
energy and resources
Oil drilling labour unions in Norway seek mediation as wage talks falter
FILE PHOTO: A general view of Equinor's Johan Sverdrup oilfield platforms in the North Sea, Norway, December 3, 2019. REUTERS/Ints Kalnins/
energy and resources
Oil prices gain 2% on falling U.S. stockpiles, Saudi warning
An array of pumpjacks operate Thursday, July 7, 2022, in Odessa, Texas. (Eli Hartman/Odessa American via AP)
report on business
Ford strikes lithium deals as ‘near-shoring’ trend benefits Canadian miners
The future site of Nemaska Lithium waiting for construction in the Quebec Societe-Parc Industriel, in Becancour, Quebec, March 24, 2023. (Christinne Muschi /The Globe and Mail)
globe climate newsletter
Globe Climate: How climate change is fuelling a new kind of ‘fire weather’
FILE PHOTO: Leslie Kramer walk her dogs as some 90 wildfires are active in Alberta, with 23 out of control, according to the provincial government, in Calgary, Alberta, Canada May 16, 2023. REUTERS/Leah Hennel/File Photo
investment ideas
Aluminum is the West’s critical minerals blind spot
Aluminum ingots are stacked at Mitchell Aerospace, Inc., a manufacturer of light alloy sand castings for the aerospace industry, in Montreal in Sept. 9, 2022.
rob magazine
Smart Money: Dan Dupont knows how to be a patient investor
DANIEL DUPONT PORTFOLIO MANAGER FIDELITY INVESTMENTS CANADA ULC, May 2023
energy and resources
NuVista Energy restarts most of its operations as wildfire concerns in Alberta ease
NuVista Energy Ltd. says it was able to restart most of its operations over the weekend as more favourable winds and weather helped ease the wildfire situation near its operations in Alberta. Thick smoke from wildfires blankets the landscape near Water Valley, Alta., 100 kilometres northwest of Calgary, Tuesday, May 16, 2023. THE CANADIAN PRESS/Jeff McIntosh