Canadian News
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June 28, 2022
CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of central Alberta to Whitecap Resources Inc. for $1.9 billion. Imperial and ExxonMobil Canada each o… Read More ➝
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June 28, 2022
OTTAWA — Canada’s new emissions standards for gasoline and diesel will allow oil companies that get a federal tax break for installing carbon capture and storage systems to also generate credits based on those systems, which they can then sell to refi… Read More ➝
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June 28, 2022
VANCOUVER — Teck Resources Ltd. has announced a carbon capture utilization and storage pilot project at its operations in Trail, B.C. The plant will capture three tonnes per day of carbon dioxide from the acid plant flue gas at the Trail operations. I… Read More ➝
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June 28, 2022
EDMONTON — Alberta Finance Minister Jason Nixon is to deliver today the final numbers on the 2021-22 budget amid higher than expected oil prices. The budget, which ended on March 31, was last forecast to come in at a $3.2 billion deficit. However, Alb… Read More ➝
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COMMENTARY: Alberta’s World-Class Regulator and Regulatory System – Brian Jean, Minister of Energy and Minerals for Alberta