oilsands

CNRL Boosts Production and Spending in 2025 Amid Oil Sector Optimism

CNRL Boosts Production and Spending in 2025 Amid Oil Sector Optimism

Jan 9, 2025 | 7:06pm
CNRL Announces Major Production and Spending Increase for 2025 Canadian Natural Resources Limited (CNRL) is ramping up its oil production and capital spending in 2025, signaling renewed optimism in Alberta’s energy sector. On Thursday, the Calgary-based company announced plans to increase its average annual production to between 1.51 million and 1.55 million barrels of oil […]
Canadian Oil Companies Set Higher Production Targets for 2025

Canadian Oil Companies Set Higher Production Targets for 2025

Dec 15, 2024 | 7:01pm
Canadian Oil Majors Forecast Higher Production in 2025 Amid Demand Optimism and Policy Uncertainty Canadian oil giants Suncor, Cenovus, and Imperial Oil each released corporate guidance on December 12. The companies are taking a bullish stance on 2025, forecasting production increases despite looming policy and potential trade challenges. Suncor outlines plans to boost production to […]
Alberta Joins US Energy Pact

Alberta Joins US Energy Pact

Nov 14, 2024 | 7:50pm
Alberta Joins U.S. Governors’ Coalition for Energy Security, Marking Pact’s First International Partnership Alberta has joined the newly formed Governors’ Coalition for Energy Security. Established in September 2024 by Louisiana Governor Jeff Landry and New Hampshire Governor Chris Sununu, the coalition aims to enhance energy security, reduce costs, and boost the reliability of oil and […]
Imperial Oil Faces Major Fine for Oil Spill Affecting First Nation Community

Imperial Oil Faces Major Fine for Oil Spill Affecting First Nation Community

Nov 14, 2024 | 6:44pm
Imperial Oil Fined Over $1 Million for Sarnia Spill Impacting Aamjiwnaang First Nation Imperial Oil has been fined over $1 million after pleading guilty to a charge under Ontario’s Environmental Protection Act. The case relates to a 2021 release of approximately 1,150 litres of slop oil at its Sarnia refinery. According to documents published by […]
Federal NDP seek to ban oil and gas advertising

Federal NDP seek to ban oil and gas advertising

Feb 12, 2024 | 5:33am
The House of Commons will soon be debating a private members’ bill aiming to criminalize the advertising of fossil fuels. Bill C-372 also known as the Fossil Fuel Advertising Act was tabled in the House by NDP Member of Parliament, Charlie Angus. The act would prohibit a person or company from promoting fossil fuels, a […]
Trans Mountain Pipeline faces another delay

Trans Mountain Pipeline faces another delay

Jan 30, 2024 | 6:00am
Another day, another delay for the tormented Trans Mountain Pipeline, The federally owned Trans Mountain Corporation (TMC) building the long overdue expansion says it has hit another snag. As TMC inches its way along the Fraser Valley, it has encountered an issue while drilling through Mountain 3 along the route. The project, which will provide […]

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