11 May

The negative sentiment on oil stocks is likely to carry on for months. There will be more losers than winners as capital flees from a sector that is showing minimal signs of rebounding . Canadian oil companies are no longer attractive as they were in previous years. Some might even be insolvent before this year […]

Read More
08 May

Alberta Premier Jason Kenney will need help from Prime Minister Justin Trudeau if he wants support in keeping the energy industry on life support. (Canadian Press photos) "Oil is dead," says Elizabeth May. No, oil is not dead. But it does have an expiry date. Even Stephen Harper acknowledged that when, as prime minister in […]

Read More
07 May

The province is granting companies reprieve from contributions to a financially strapped orphan well reclamation fund as Ottawa steps in with relief funds — leading critics to point out the costs for industry’s environmental liabilities are falling to the federal taxpayer Citing the COVID-19 pandemic, the B.C. government has given oil and gas companies a […]

Read More
07 May

Canada is still in the process of flattening the coronavirus curve, although there are indications that the efforts are proving successful. Prime Minister Justin Trudeau said the country is not out of the woods yet. While some provinces appear to have reached the peak, the federal government is hoping to develop a high level of […]

Read More
05 May

Volume 0% WATCH: Natural Resources Minister Seamus O’Regan on Tuesday faced questions during a virtual sitting of the House of Commons about whether the Canadian federal government is doing enough to support the oil sector, its workers and communities that depend on the industry, including from Conservative MP Blake Richards, and said uptake on a […]

Read More
05 May

Saskatchewan Energy and Resources Minister Bronwyn Eyre. Saskatchewan’s government is still working on a program to clean up inactive oil wells using $400 million in federal funding, but the province’s energy and resources minister is lobbying Ottawa for more money to prop up a troubled industry. Bronwyn Eyre sent a letter to federal National Resources […]

Read More
04 May

Canada’s heavy reliance on energy could play havoc with an economic recovery. A sharp and unprecedented decline in U.S. oil prices last month, triggered by the coronavirus pandemic that sapped global demand for oil, will have a domino effect on Canada, where economic recovery is inextricably linked to the energy sector. The new economic landscape […]

Read More
02 May

Canadian GHG emissions grow Canadian GHG emissions grow ( Image by Yves Engler Website ) Details DMCA While governments’ responses to the Covid-19 pandemic proves significant resources can be marshalled quickly in a crisis, there is little evidence official Canada sees global warming as a comparable emergency. Even though Justin Trudeau’s Liberals say they take […]

Read More
29 April

Volume 0% WATCH ABOVE: Premier Jason Kenney says the Alberta government is predicting extremely low oil prices will remain in place for 12 to 18 months due to the global inventory oversupply amid the COVID-19 pandemic slowdown. Alberta — long known as Canada’s central hub for both beef and oil — has seen both those […]

Read More
27 April

Experts say COVID-19 is being used as an opportunity to grant companies carte blanche waivers on ‘routine’ reporting for everything from sulphur dioxide emissions to water withdrawals for fracking to how much wastewater is being added to tailings ponds Earlier this month, citing the unfolding coronavirus pandemic, the Alberta government unveiled a series of sweeping […]

Read More