Conservatives in Alberta may have cheered when Elon Musk took over Twitter, but they can't be nearly as enthusiastic about his latest plans for Tesla — or what they mean for the oil and gas industry's future, writes columnist Max Fawcett.
Cenovus Energy Inc. chief executive Alex Pourbaix will step down from his CEO role later this year to devote more time to his evolving role as an outspoken champion of Canada's oilsands industry and its decarbonization ambitions.
With oil and gas companies under increased scrutiny for how they choose to use their record-breaking profits in 2022, the chief executive of Cenovus Energy took aim at critics by highlighting the billions of dollars the industry is expected to contribute in taxes and royalties this year.
Canada's big oil companies are making record profits this year and should be using some of that extra cash to invest in things that curb their greenhouse gas emissions, Environment Minister Steven Guilbeault said on Thursday, May 5, 2022.
Oilsands companies' record profits and their CEOs' campaigns for corporate welfare raise an important question, writes columnist Max Fawcett: is it time for Canadian taxpayers to get a bigger piece of the action?
When the federal government inevitably refuses Jason Kenney's demand for a blank cheque worth more than $30 billion, we’ll get the usual mixture of victimhood and grievance-mongering, writes columnist Max Fawcett.