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Oil and Gas

From golden years to decades of darkness, Oilers history has become Edmonton’s story

by Virginia Chavez
From golden years to decades of darkness, Oilers history has become Edmonton’s story

The storied history of the Edmonton Oilers has made it impossible to separate the team from the city, which once dubbed itself City of Champions, that it calls home. Now, for the first …

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Big Oil given stark warning as a major supply surplus expected by 2030

by Walter Watson
Big Oil given stark warning as a major supply surplus expected by 2030

An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. Brandon Bell | Getty Images News | Getty Images The International Energy Agency …

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Saudi oil giant Aramco’s shares rise after stock sale set to raise $11.2 billion

by Ron Morgan
Saudi oil giant Aramco’s shares rise after stock sale set to raise .2 billion

Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022.  Dado Ruvic | Reuters Shares of Saudi Arabia’s Aramco rose on …

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IRS employee charged in Exxon Mobil tax credit theft bid

by Vera Ward
IRS employee charged in Exxon Mobil tax credit theft bid

Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits owed …

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Saudi Arabia set to raise over $11.2 billion from Aramco stock sale, priced at lower end of range

by Walter Watson
Saudi Arabia set to raise over .2 billion from Aramco stock sale, priced at lower end of range

The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia is set to raise more than $11.2 billion from its secondary public …

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Climate disaster survivors call for emissions cap as MPs grill energy CEOs

by Vera Ward
Climate disaster survivors call for emissions cap as MPs grill energy CEOs

Canadians who have personally been impacted by climate change and extreme weather were in Ottawa Thursday, calling on the federal government to move quickly to implement its proposed cap on …

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South Korea’s Yoon approves exploration of vast oil, gas prospects off the coast

by Walter Watson
South Korea’s Yoon approves exploration of vast oil, gas prospects off the coast

South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the …

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Oil alliance OPEC+ extends crude production cuts into 2025

by Walter Watson
Oil alliance OPEC+ extends crude production cuts into 2025

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on the next phase of production policy. Bloomberg | Bloomberg | …

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Saudi Aramco begins massive share sale to raise around $12 billion

by Walter Watson
Saudi Aramco begins massive share sale to raise around  billion

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 …

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Vermont is going to make fossil fuel companies pay for climate change damage

by Walter Watson
Vermont is going to make fossil fuel companies pay for climate change damage

As It Happens6:45Vermont is going to make fossil fuel companies pay for climate change damage It’s high time the companies most responsible for climate change pay for the damage it …

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