The officially disclosed carbon footprints of Canada’s largest oil companies could balloon in size if tough new climate rules proposed earlier this year by a U.S. regulator come into effect.
A string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as a warning sign of deeper problems within a company.
"I am of the opinion that the project, as currently proposed, would likely cause unacceptable environmental effects within federal jurisdiction," Environment and Climate Change Minister Steven Guilbeault wrote.
Suncor Energy Inc. is getting out of the wind and solar business, even as a new UN report on climate change says wind and solar technologies are the two best avenues to reduce global greenhouse gas emissions and limit the planet's warming to a critical 1.5C.
Alberta's oilsands are maintaining production levels with critical staff only as operators try to minimize the workforce impact of the highly contagious Omicron variant.
Suncor Energy Inc. is facing seven environmental charges for an incident alleged to have occurred two years ago at its refinery in Stratchona county, Alberta.
Production at the Hibernia offshore production platform 315 kilometres east of St. John’s, N.L., has been halted after an apparent spill of drilling and production fluids.
Prime Minister Justin Trudeau says news that one of the world's largest investment funds will exclude four Canadian oilsands producers from consideration for investing is part of a continuing shift in global attitudes for which oil companies will have to adjust.
Teck Resources Ltd. is leaving the Canadian Association of Petroleum Producers, an industry organization whose members represent about 80 per cent of Canada's oil and gas production.
