30 h. ago Ottawa discussing future of emissions cap with Alberta, oil companies: Minister

OTTAWA — The federal government is in discussions with Alberta and the oil industry about the future of the sector’s emissions cap, Energy Minister Tim Hodgson said Friday.  At a news conference in Winnipeg, Hodgson said both the province and industry agree with the federal government that there needs to be a “fundamental change in […]

Politics

4 d. ago France and Germany Lead EU Push to Sanction Russian Oil Majors

France and Germany are urging the European Union to target major Russian oil companies as part of the bloc’s next package of sanctions, according to proposals seen by Bloomberg.

Politics

9 d. ago Carney says his ministers are looking for ways to cut spending at cabinet retreat

Prime Minister Mark Carney and his cabinet will meet behind closed doors for a second day in a row today, as the Liberal government prepares for Parliament’s return in a little under two weeks. Cabinet is discussing efforts to spur industrial investment, refocus Ottawa’s spending priorities for the coming fall budget and counter U.S. President […]

Politics

1 week ago UK Can Get More From Oil, Gas With Faster Tax Change, Lobby Says

The UK can generate almost 25% more in taxes from oil and gas companies through 2050 if the Labour government replaces a contentious windfall levy on North Sea producers as soon as next year rather than waiting, according to an industry lobby group.

Economics

2 w. ago Nomination des juges: Ottawa ouvrira les discussions avec Québec en septembre

Ottawa ouvrira en septembre des discussions avec Québec au sujet d’une modification constitutionnelle concernant la nomination des juges.

Society

2 w. ago US Firms Said to Eye Pakistan Oil After Trump’s Reserves Claim

America’s seniormost envoy in Pakistan has told the South Asian nation that US companies are showing “strong interest” in its oil and gas sector, after President Donald Trump late last month surprised the industry by vaunting “massive” reserves.

Economics

4 w. ago US Mulls Rosneft, Lukoil Sanctions if Putin Balks on Ceasefire

The US is weighing the threat of sanctions against Russian oil companies Rosneft PJSC and Lukoil PJSC as part of a menu of options to push President Vladimir Putin to accept a ceasefire with Ukraine, people familiar with the matter said.

Events