As pressure builds on oil and gas companies, some major players are making big climate pledges. We should weigh them with considerable skepticism, write professors Kathryn Harrison, Martin Olszynski and Patrick McCurdy.
Less than a month after U.S. President Joe Biden nixed the Keystone XL pipeline as part of a sweeping climate plan, another pipeline with implications for Canada is in the crosshairs of a U.S. politician.
Canadian oilsands and refining giant Suncor Energy Inc. is reporting a fourth-quarter net loss of $168 million or 11 cents per share, compared with a net loss of $2.34 billion or $1.52 in the same period of 2019.
The CEO of Suncor Energy Inc. says his company isn't counting on higher cash flow despite analyst expectations of a "risk premium" on crude oil prices in the wake of last weekend's attacks on Saudi Arabian oil facilities.
A report compiled by Environment Canada shows that four fossil fuel facilities in northern Alberta produced far more carbon dioxide and other pollutants than they are required to report under international guidelines.
Norway's US$1-trillion wealth fund, the biggest of its kind in the world, will begin dumping shares in oil and gas companies including some Canadian names, but stopped short of barring major producers like Suncor, ExxonMobil and Chevron.
More than a month after a hydrogen sulfide emission left one teacher and several children at an elementary school in Montreal’s east-end feeling ill, government agencies have ceased their investigations despite not having definitively identified the source of the toxic gas.
Canadian oil and gas companies are rewarding their executives for expanding fossil fuel activity despite global economic and environmental realities that make this unsustainable, says a report from Carbon Tracker.