Shareholders of Canada’s large oilsands companies took home three times more money last year than in 2019, according to a new analysis, while those same companies asked for more taxpayer money to invest in their climate pledges.
Enbridge Inc. is hoping to see more incentives for carbon capture and storage announced in the upcoming federal budget, the CEO of the energy infrastructure giant said.
The Ford government is out of touch with the economic and environmental realities of natural gas expansion, Ontario Green Party Leader Mike Schreiner and Ontario NDP energy critic Peter Tabuns told Canada’s National Observer.
Fossil fuel giant Enbridge faces the risk of a “death spiral” as the energy transition to renewables unfolds, according to evidence the company filed with the Ontario regulator.
London-headquartered bank Barclays announced it will stop financing oilsands projects Wednesday in its annual report, marking another win for shareholder activists.
Energy giant Enbridge is plotting a multibillion-dollar expansion to its gas network in Ontario that would lock the province into a fossil fuel future for decades to come.
Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project.