OTTAWA/TORONTO Canada's oil producers need to set clear targets to fight climate change to continue to attract global capital, Canadian Prime Minister Justin Trudeau said on Wednesday, as the country's carbon-intensive oil sands industry faces heightened environmental scrutiny from investors.
WINNIPEG, Manitoba/TORONTO A coronavirus outbreak at a Canadian oil sands site has spread across five provinces and sparked calls to limit the use of fly-in workers in the remote locations.
WINNIPEG, Manitoba/TORONTO, May 12 A coronavirus outbreak at a Canadian oil sands site has spread across five provinces and sparked calls to limit the use of fly-in workers in the remote locations.
TORONTO/WINNIPEG, Manitoba Canada's oil patch has endured five years of existential threats that have pruned weaker companies, but now its strongest firms are trying to navigate the coronavirus pandemic, which has set off the worst crisis in the oil industry in 40 years.
Canadian Natural Resources Ltd posted a quarterly loss on Thursday compared with a year-ago profit, hurt by the sharp decline in oil prices caused by the novel coronavirus outbreak and a price war between Saudi Arabia and Russia.
TORONTO Enbridge Inc said on Monday the Canadian pipeline operator has reached a deal with shippers to temporarily store crude oil in North America's largest oil pipeline network from June 1 and is working with governments to provide additional capacity.
TORONTO, May 4 Enbridge Inc said on Monday the Canadian pipeline operator has reached a deal with shippers to temporarily store crude oil in North America's largest oil pipeline network from June 1 and is working with governments to provide additional capacity.
April 22 Canada's export credit agency on Wednesday said it would backstop loans to hard hit oil and gas producers, in the latest move by Ottawa to free up credit for the struggling energy industry.
TORONTO, April 22 Canada's export credit agency will backstop loans to hard hit oil and gas producers, a document seen by Reuters showed, in the latest move by Ottawa to free up credit for the struggling energy industry.
TORONTO/WINNIPEG, Manitoba Pipeline operator Enbridge Inc said on Monday it would not ration capacity for May on North America's biggest oil pipeline network, as Canada's oil producers deepen production cuts to cope with low prices and weak demand.
China's parliament on Thursday approved a decision to go forward with national security legislation for Hong Kong that democracy activists and Western countries fear could erode the city's freedoms and jeopardise its role as a global financial hub.