Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
The Canadian government has announced a $13.6 million investment to support nine research projects for Small Modular Reactors (SMR), aiming to strengthen the country's nuclear capabilities and contribute to a low-carbon economy.
The Canadian government has announced a $13.6 million investment to support nine research projects for Small Modular Reactors (SMR), aiming to strengthen the country's nuclear capabilities and contribute to a low-carbon economy.
Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.
Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan at a price of $0.031/kWh.
This project strengthens K-Electric's power grid capacity, supporting the country's energy transition.
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan at a price of $0.031/kWh.
This project strengthens K-Electric's power grid capacity, supporting the country's energy transition.
